Feds announce $4.7B for new Via Rail cars to be built in Ontario, Quebec
The Canadian federal government has announced a $4.7 billion investment to manufacture 313 new passenger rail cars for Via Rail within Canada. This initiative aims to revitalize the aging fleet while boosting the domestic economy and creating hundreds of jobs in Ontario and Quebec.
Why it matters
This move highlights a significant shift toward 'Buy Canadian' industrial policies and infrastructure investment to reduce reliance on foreign manufacturing.
September 3 | Duration 1:29 Prime Minister Mark Carney has announced an investment of $4.7 billion to build and maintain more than 300 rail cars for VIA Rail in Canada rather than in the U.S. Carney said the investment is predicted to generate more than $1.6 billion in economic benefits. Social Sharing In the latest push of its Buy Canadian Policy, the federal government is spending more than $4.7 billion for Via Rail to acquire and maintain 313 new passenger rail cars from Alstom Canada.
This will be the first time in four decades that Via Rail passenger cars will be built entirely in Canada. Much of its existing fleet was built in the United States.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in