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SEARCHThe Trudeau government’s soon-to-be-launched, $35-billion infrastructure bank will seek to use public funds as leverage to attract billions more in private investment for major infrastructure projects, such as bridges, transit systems, and rail lines.
The Cascadia high-speed rail line would connect Vancouver, Canada with the U.S. Pacific Northwest.
OTTAWA — The state of Washington is exploring whether Canada’s new infrastructure bank could help finance a multibillion-dollar proposal for high-speed rail between Vancouver and the Pacific Northwest, The Canadian Press reports.
The Trudeau government’s soon-to-be-launched, $35-billion infrastructure bank will seek to use public funds as leverage to attract billions more in private investment for major infrastructure projects, such as bridges, transit systems, and rail lines.
The legislative blueprint for the bank also allows for the use public money to help bankroll projects “in Canada or partly in Canada,” provided there’s a financial benefit and a physical connection to the country. The state of Washington is hoping those guidelines lead to the infrastructure bank becoming a potential financing option for long-discussed high-speed rail system that would connect between Portland, Seattle, and Vancouver. For the full story, click here.
Company officials said that this latest contract extension with Metrolinx consolidates the company’s position as the leading private provider of Operations and maintenance services in North America.
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Amtrak will open grant applications March 23 for community projects near the Frederick Douglass Tunnel alignment in Baltimore as part of a $50 million investment tied to the B&P Tunnel Replacement Program.
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The new bridge will begin carrying passenger trains on March 16, replacing a 116-year-old swing bridge that has long caused delays.
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Caltrain and its partners have implemented safety improvements at specific locations in response to known risk conditions, operational needs, and available funding since the agency’s founding.
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On a recent episode of METROspectives, METRO Magazine’s Executive Editor Alex Roman sat down with Ana-Maria Tomlinson, Director of Strategic & Cross-Sector Programs at the CSA Group, to explore a bold initiative aimed at addressing those challenges: the development of a National Code for Transit and Passenger Rail Systems in Canada.
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Competitive FTA grants will support accessibility upgrades, family-friendly improvements, and cost-efficient capital projects at some of the nation’s oldest and busiest transit hubs.
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The strategy outlines near- and long-term upgrades to ease congestion, support housing growth, and advance statewide climate goals.
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The 3.92-mile addition will soon take riders west beyond its current Wilshire and Western station in Koreatown, continuing under Wilshire Boulevard through neighborhoods and communities including Hancock Park, Windsor Square, the Fairfax District, and Carthay Circle into Beverly Hills.
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