Issue/Source: High-Speed Rail initiative (Co-Development phase)
Location: Ontario and Quebec
Date: January 2026
If pressed on costs
- Preliminary cost estimates for the project's construction—which would be funded primarily by the Government of Canada with private sector contributions—range between $60 billion and $90 billion (2024 real dollars). This is not the project budget. These figures are intended as a high-level overview, for business planning purposes only. As work progresses through Co-Development, accurate costs for the first segment will be established.