Alto high-speed rail project likely to cost more than originally thought: budget watchdog
Building the proposed high‑speed rail project between Toronto-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.
The proposed high-speed rail project between Toronto and Quebec City is likely to cost more than initially estimated. According to the Parliamentary Budget Office, the project's cost could range from $75 billion to $113 billion. This is higher than the official estimates, which put the cost between $60 billion and $90 billion.
The budget office's projections exclude a potential stop in Kingston, which would add to the cost and complexity of the project. The office notes that large infrastructure projects are often uncertain and that cutting through the Canadian Shield will pose engineering challenges.
The federal Conservative party has called the Liberal proposal a "boondoggle", and members of the Bloc Québécois have expressed concerns that the project is being rushed through without proper consideration.
Brief written by urgent.news from CBC News, CityNews — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Budget watchdog says Alto rail construction could cost more than Ottawa predicts toronto.citynews.ca
- Budget watchdog says Alto rail construction could cost more than Ottawa predicts winnipegfreepress.com