Close X
Tuesday, November 26, 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

    Prince Andrew Arrives In Halifax For Brief, Private Working Visit

    HALIFAX — Prince Andrew, the Duke of York, arrived in Halifax on Thursday for a brief, low-key visit.    

    Prince Andrew Arrives In Halifax For Brief, Private Working Visit

    Some New Air Passenger Rights Land Mid-July, Others Delayed Until Christmas

    Transport Minister Marc Garneau unveiled the details Friday morning, saying the rules and timelines aim to strike a balance between being fair to passengers and to air carriers.

    Some New Air Passenger Rights Land Mid-July, Others Delayed Until Christmas

    Cross-Canada Corridor Concept Getting Dusted Off Ahead Of Election

    Cross-Canada Corridor Concept Getting Dusted Off Ahead Of Election
    OTTAWA — The notion of a pan-Canadian corridor dedicated to rail, power lines and pipelines has been around for at least half a century but it looks like it's about to get a big publicity boost.

    Cross-Canada Corridor Concept Getting Dusted Off Ahead Of Election

    Supreme Court Orders New Trial For Manslaughter In Cindy Gladue's Death

    Supreme Court Orders New Trial For Manslaughter In Cindy Gladue's Death
    OTTAWA — Ontario trucker Bradley Barton should be retried for manslaughter, but not murder, in the case of Cindy Gladue, who bled to death in the bathroom of his Edmonton motel room, the Supreme Court of Canada has ruled.    

    Supreme Court Orders New Trial For Manslaughter In Cindy Gladue's Death

    Fire Near High Level Grows, But Spreading Away From Northwestern Alberta Town

    Fire Near High Level Grows, But Spreading Away From Northwestern Alberta Town
    HIGH LEVEL, Alta. — Provincial fire officials say a blaze burning near High Level continues to spread, but has not advanced toward the northwestern Alberta town.

    Fire Near High Level Grows, But Spreading Away From Northwestern Alberta Town

    Saskatchewan's Highest Court Denies University's Appeal In Swimming Accident

    REGINA — The Saskatchewan Court of Appeal has rejected a bid by the University of Regina to overturn a jury's verdict that found the school liable after a teen was paralyzed diving into the university's pool.    

    Saskatchewan's Highest Court Denies University's Appeal In Swimming Accident