High-speed rail line between Toronto, Quebec City would generate up to $27B: report
MONTREAL — A high-speed rail link between Toronto and Quebec City could deliver billions of dollars in economic benefits, a new report says. The C.D. Howe Institute study found that the promised line would generate between $15 billion and $27 billion in value for Canadians over six decades.
Quebec City-Toronto high-speed rail expected to cost between $60B and $90B
The rail line is projected to cost between $60 billion and $90 billion, another early-stage estimate subject to change, Imbleau said. But with projections of 24 million round trips per year and a $24.5-billion boost to the annual GDP, Imbleau said the project was well worth the price tag.
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