Advertisement

Study says high-speed train could benefit Canadian economy

Study says high-speed train could benefit Canadian economy - image

QUEBEC – A study into the feasibility of a high-speed train link in
the Windsor-Quebec City corridor shows the project could benefit the
entire Canadian economy.

The report conducted by the
EcoTrain consortium – grouping Dessau, MMM Group, KPMG, Wilbur Smith
& Associates, and Deutsche Bahn International – was released Monday
by High Speed Rail Canada, an advocacy group which promotes the service.

The federal government has yet to release the study publicly.

“The
taxpayers have a right to see it. We have posted it on our website.
Canada is 30 years behind the rest of the modern world in passenger
rail. It is a national embarrassment,” said Paul Langan, president of
High Speed Rail Canada.

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.

Get breaking National news

For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

The fast train would cost between
$18.9 and $21.3 billion depending on the chosen technology and yield
revenues between $1.21 and $1.48 billion, according to the study
financed equally by the federal government and the governments of Quebec
and Ontario.

Story continues below advertisement

The study points out that the Quebec
City-Windsor route would not be financially viable as a whole, but notes
that the Montreal-Toronto segment, as well as the Quebec City-Toronto
segments would benefit the entire Canadian economy, not just that of
Ontario and Quebec.

The $3-million study looked at two
high-speed technologies, one diesel train travelling at 200 km/h and a
300km/h electric powered train. Both would be suitable for the corridor,
but the study notes the worldwide trend is the faster electric train.

The
Quebec City-Windsor corridor would attract more than 10 million
passengers in 2031 and serve the cities of Quebec City, Trois-Rivieres,
Montreal, Ottawa, Kingston, Toronto, London and Windsor.

Sponsored content

AdChoices