ICYMI - Multi-billion dollar high-frequency rail project will seek bids in fall, transport minister says
“While the trip was lovely, it took a long time, including interruptions by freight traffic,” he said.
“The high-frequency rail project will be one of the largest infrastructure projects in Canada in decades, and will transform travel in a busy transportation corridor,” he said. “Our government has been doing its due diligence in assessing this project, and is ready to move to the next phase. A phased approach will help ensure the success of this project.
No details of how the project will be funded were announced Tuesday, but the government is likely to fund it through the Canada Infrastructure Bank, a program the Liberals announced in 2017 and seeded with $35 billion for infrastructure projects that might attract private investors. “Under Justin Trudeau, the failure of the Canadian Infrastructure Bank has been catastrophic for the completion of infrastructure projects. Canadians deserve modern transportation infrastructure. This requires more than just hollow promises, re-announcements and more consultations. Conservatives are committed to building the transit systems that Canadians need,” she said in an email.