Thursday, May 2, 2024
ADVT 
National

Documents show federal push for infrastructure bank to back Via project

Darpan News Desk The Canadian Press, 07 Jun, 2019 05:50 PM

    Federal officials are pushing the Canadian Infrastructure Bank to back Via Rail's high-frequency rail project.

    The government's response to a written question from New Democrat Robert Aubin details the eight times between October and December 2018 that officials from the Finance Department met with the federal agency to make the business case on Via's behalf.

    The rail company wants to build a multibillion-dollar new network of dedicated passenger-rail lines in Ontario and Quebec, so its trains would no longer have to yield to freight trains on borrowed tracks.

    The Finance Department told Aubin that a range of public-private models are still being assessed "with varying degrees of private sector investment."

    Options include having a private partner help with designing and building the new lines, or a broader deal that would include financing, operating and maintenance agreements.

    The Liberals created the infrastructure agency in 2017, hoping to use $35 billion in federal funding to pry three to four times that from the private sector to pay for new infrastructure projects that are in the public interest.

    MORE National ARTICLES

    Trudeau pledges more funding for reproductive health services worldwide

    Canada will increase funding for women's health services worldwide from the current $1.1 billion to $1.4 billion by 2023.

    Trudeau pledges more funding for reproductive health services worldwide

    Quebec woman to be charged after eight-year-old girl kidnapped, tied up

    The 54-year-old accused is to appear in a Laval courtroom today on charges including unlawful confinement, kidnapping and disguise with intent.

    Quebec woman to be charged after eight-year-old girl kidnapped, tied up

    Endangered right whale found dead in Gulf of St. Lawrence, feds hope to test

    Fisheries and Oceans Canada says the carcass was discovered during a surveillance flight.

    Endangered right whale found dead in Gulf of St. Lawrence, feds hope to test

    Police should be part of mental health strategy: B.C. death review panel

    Police should be part of mental health strategy: B.C. death review panel
    The aim of the review is to determine how deaths in similar circumstances could be prevented.

    Police should be part of mental health strategy: B.C. death review panel

    Search suspended for Calgary man swept away in fast-moving B.C. river

    Search suspended for Calgary man swept away in fast-moving B.C. river
    Cpl. Madonna Saunderson says jet boats and aircraft had been assisting searchers who were on the ground.

    Search suspended for Calgary man swept away in fast-moving B.C. river

    Penticton, B.C., approves ban on sitting, lying, on some downtown sidewalks

    Penticton, B.C., approves ban on sitting, lying, on some downtown sidewalks
    Penticton council voted 5-2 to approve an amendment to the Good Neighbourhood Bylaw, giving police and bylaw officers the power to hand out $100 fines.

    Penticton, B.C., approves ban on sitting, lying, on some downtown sidewalks