(Investment commitment)
Sustainable alternative transportation between Quebec City and Toronto
Involves dedicated tracks along the Toronto-Ottawa-Montreal-Quebec City corridor and the purchase of new trains to provide service along the route.
Fast facts
This project aims to deliver a passenger train service with more frequency, reduced trip times and improved service reliability.
It will help create a more commercially successful, modern rail service that supports economic development in the most populous part of the country. The new, frequent service is expected to reduce vehicle emissions as passengers will leave their vehicles at home to avoid road congestion.
Our team will collaborate on project due diligence, financial advisory services and help fully develop the proposed project’s scope of work.
Benefits of CIB involvement
We are a well-suited partner for VIA Rail. It is important to conduct comprehensive analysis, evaluate various structuring, financing and procurement options to maximize the project’s effectiveness and ensure optimal combination of public and private project participation.
Our experts will be able to draw on market knowledge and advisory capabilities in evaluating various project procurement and financing structure.
Learn more
- VIA Rail Canada - Opens in a new tab
- Transport Canada - Opens in a new tab
Disclaimer: The Canada Infrastructure Bank (CIB) ,in its sole and absolute discretion, may choose to make available amendments, revisions, modifications or replacements to this website. This page will remain open for further revision, modification, replacement or cancellation by the CIB at any time and in no event shall the CIB be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on the content of this website. Images courtesy of VIA Rail Canada.
