Canada Selects Cadence Consortium for Alto High-Speed Rail Project

The Government of Canada has selected the Cadence consortium, which includes major players like CDPQ Infra and AtkinsRéalis, as the preferred private partner for the Alto high-speed rail project connecting Quebec City to Toronto. This initiative, expected to cost nearly C$4 billion and take five years to develop, aims to improve connectivity across key urban centers, significantly reducing travel times and promoting economic growth. Prime Minister Justin Trudeau highlighted the project as Canada's largest infrastructure endeavor, predicting it will create thousands of jobs and contribute to climate goals by offering a sustainable alternative to road and air travel. The project is also designed to foster reconciliation with Indigenous communities, aligning with Canada's commitment to climate resiliency. The Cadence consortium's extensive experience in passenger transportation infrastructure is seen as a critical factor for the project's success. The Alta rail line is projected to enhance mobility for millions of Canadians while stimulating local investment.