Canada awarded a contract for a 1,000-kilometer (621-mile) high-speed passenger rail project between Toronto and Quebec City to a group led by the Caisse de Depot et Placement du Quebec.

Bold plans and promises for high-speed rail lines in Canada stretch as far back as Pierre Trudeau’s government. So far, none have come to pass.

Prime Minister Justin Trudeau announced that the investment would be used to build a new transport link between Quebec City and Toronto.

The Canadian government has selected the Cadence Consortium as the preferred private developer partner for the Alto high-speed rail project between Quebec City and Toronto. The Cadence team comprises CDPQ Infra,