High-speed rail line between Toronto, Quebec City would generate up to $27B: report
MONTREAL — A high-speed rail link between Toronto and Quebec City could deliver billions of dollars in economic benefits, a new report says. The C.D. Howe Institute study found that the promised line would generate between $15 billion and $27 billion in value for Canadians over six decades.
Quebec City-Toronto high-speed rail expected to cost between $60B and $90B
The rail line is projected to cost between $60 billion and $90 billion, another early-stage estimate subject to change, Imbleau said. But with projections of 24 million round trips per year and a $24.5-billion boost to the annual GDP, Imbleau said the project was well worth the price tag.
Canada awarded a contract for a 1,000-kilometer (621-mile) high-speed passenger rail project between Toronto and Quebec City ...
Journey times between major cities in eastern Canada would be cut in half under the new plans, making train travel more ...
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