The latest federal budget brings exciting news for the Alto high-speed rail project, with a promise of new legislation to fast-track its development.
Unveiled on Tuesday, the budget outlines plans for legislative amendments aimed at expediting approvals and minimizing regulatory hurdles for the proposed high-speed rail connection linking Toronto and Quebec City.
In a related development, Prime Minister Mark Carney had previously declared in September a concerted effort to hasten the engineering and regulatory processes for the project, setting a goal to kick off construction within the next four years.
The ambitious project, first unveiled in February, envisions cutting travel time between Montreal and Toronto to a mere three hours aboard trains reaching speeds of up to 300 kilometers per hour.
Furthermore, the budget highlights that the Alto project will fall under the purview of Ottawa’s fresh “Buy Canadian Policy,” designed to prioritize the utilization of domestic suppliers by the government.
Noteworthy findings from the budget suggest that students, individuals with higher education qualifications, and middle-income households are expected to be the primary users of the high-speed rail service.
