Alto High-Speed Rail Project

planned

Alto is a proposed high-speed rail project to build a Toronto–Quebec City line in an already well-serviced corridor. It is a state-run high-speed rail corporation project announced in the final days of Justin Trudeau’s premiership, with a projected cost of at least $90 billion. The project is labelled as a Progressive Public-Private Partnership (P3) funding model, but private investment is not expected until stage four, leaving taxpayers to fund design and construction initially. The project has faced opposition and criticism for lack of public fiscal review, independent scrutiny, feasibility report, and a clear public cost-benefit analysis. It is expected to require ongoing public subsidies as fares would not cover operating and financing costs.