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Economic and Community Development Committee · 2024-09-18 · 2024.EC15.2

The filed record

Economic Benefits of High-Frequency Rail - Toronto to Quebec City Corridor

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The decision

2024-09-18 · Economic and Community Development Committee · adopted

As filed

The Economic and Community Development Committee: 1. Received the presentation by VIA High Frequency Rail (HFR) for information.

On the agenda

As the city filed it

In December 2022, the Federal Government established the VIA Rail Subsidiary-VIA High Frequency Rail to support High Frequency Rail. The High Frequency Rail (HFR) project is a proposed investment to create a new train network that will run on mostly dedicated tracks at higher frequencies, higher speeds and with greater reliability between Toronto and Québec City. The High Frequency Rail project presents a unique economic development opportunity by: Achieving greater connectivity for people living in and around major cities and communities between Toronto and Québec City, and to major airports and universities/ colleges in the region.

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Supporting economic growth by creating new employment opportunities in infrastructure, in new centres of economic activity and bringing people closer to markets and businesses. Promoting a competitive marketplace that gives Canadians more flexibility and affordable options for intercity travel. Increasing equitable access to passenger services for all people regardless of physical ability or socio-economic background. Vinay Sharda, Vice President, Local Government and Community Partnerships of VIA High Frequency Rail, will provide a presentation on the economic development benefits and opportunities of High Frequency Rail.

Staff recommended

Councillor Shelley Carroll recommends that: 1. The Economic and Community Development Committee receive the presentation by VIA High Frequency Rail (HFR) for information.

    On the record

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