Close X
Tuesday, February 18, 2025
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

    Canada Stripping Citizenship From Chinese Man Over Alleged Marriage Fraud

    Canada Stripping Citizenship From Chinese Man Over Alleged Marriage Fraud
    The federal government is taking the relatively rare step of revoking Canadian citizenship from a Chinese man because he allegedly got it through a bogus marriage.

    Canada Stripping Citizenship From Chinese Man Over Alleged Marriage Fraud

    Indigenous Pipeline Protester Chimes In On Prime Minister's Fundraising Speech

    Indigenous Pipeline Protester Chimes In On Prime Minister's Fundraising Speech
    VANCOUVER — An Indigenous protester interrupted Prime Minister Justin Trudeau at a Liberal fundraiser in Vancouver today, accusing him of being a liar and a weak leader.

    Indigenous Pipeline Protester Chimes In On Prime Minister's Fundraising Speech

    Three Women Launch Lawsuit Alleging Sexual Assault By Correctional Service Guard

    OTTAWA — Three women who say they were sexually assault by a prison guard have launched a lawsuit against the federal correctional service.    

    Three Women Launch Lawsuit Alleging Sexual Assault By Correctional Service Guard

    RCMP: Body Recovered From Great Slave Lake Is One Of Three Missing Snowmobilers

    RCMP: Body Recovered From Great Slave Lake Is One Of Three Missing Snowmobilers
    Mounties say a body that was spotted in Great Slave Lake in the Northwest Territories last week has been recovered, and has been confirmed to be one of three missing snowmobilers.

    RCMP: Body Recovered From Great Slave Lake Is One Of Three Missing Snowmobilers

    Edward Downey Sentenced To Life In Prison, No Parole For 50 Years For Killing Calgary Mother And Daughter

    CALGARY — A Calgary judge says a "callous and remorseless" man who killed a mother and her young daughter must wait 50 years before he has a chance at parole.

    Edward Downey Sentenced To Life In Prison, No Parole For 50 Years For Killing Calgary Mother And Daughter

    Attempted Break-In At IAF's Paris Office Handling Rafale Procurement

    An attempt was allegedly made to break into an office of the Indian Air Force (IAF) officers handling the Rafale fighter project in France, reports reaching here said on Wednesday.

    Attempted Break-In At IAF's Paris Office Handling Rafale Procurement