2026-10-01 · CBC News
🔮 Alto high-speed rail project likely to cost more than originally thought: budget watchdog
New report says Toronto-Quebec City corridor project could between $75B to $113B
Building the proposed high‑speed rail project between Toronto and Quebec City could cost between $75 billion and $113 billion — higher than the official initial estimates, according to a new report from the Parliamentary Budget Office.
Following a request from the House of Commons' finance committee, the federal budget watchdog released a report on Thursday trying to put a dollar figure on the government's controversial Alto high-speed rail corridor, which promises to connect Toronto and Montreal in about three hours. mixed