Ottawa spending $4.7B on new made-in-Canada Via Rail passenger cars
The project will replace aging equipment and support nearly 700 jobs as Canada builds its first domestic Via Rail passenger cars in 40 years.
- On Thursday, Prime Minister Mark Carney announced a $4.7 billion investment to build 313 new passenger cars for Via Rail at Alstom facilities in Thunder Bay, Ont.
- These will be the first Via Rail passenger cars built in Canada in 40 years, marking a historic shift away from importing trains from the United States.
- Transport Minister Steven McKinnon stated the project will create 700 new jobs, with manufacturing in Thunder Bay and Saint-Bruno-de-Montarville, Que. handling design work.
- The 313 new cars will serve Via Rail's long-distance, regional, and remote routes, with trains expected to enter service in 2031.
- This announcement builds on a separate nearly $2 billion government commitment made in July for new locomotives, marking a broad modernization strategy for Canada's national rail network.
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The Prime Minister of Canada, Mark Carney, announced on Thursday the largest investment already made by the government of the country in the rail passenger transport, when hiring the French manufacturer Alstom for the production of 313 cars. Exclusive material for subscribers. To have full access, access the link of the material and register.
The agreement covers "the delivery of 313 Adessia passenger cars worth approximately C$4 billion" and "a 15-year technical support and spare parts contract".
Alstom wins C$4.7B contract to build passenger railcars for Canada's VIA Rail (ALSMY:OTCMKTS)
Alstom said it was awarded a C$4.7B contract from Canada's state-owned Via Rail to manufacture 313 new passenger railcars and provide long-term technical support and spare parts services.
Toronto (Canada), 3 Sep (EFE).- The Canadian government announced this Thursday an investment of more than $4.7 billion (US$ 3.390 million or € 2.934 million) to produce in the country hundreds of passenger rail cars that until now were manufactured in the US.The plan will allow VIA Rail, the public railway passenger transport company, to acquire and maintain 313 new railway cars that, for the first time in four decades, will be manufactured in …
The cars on Via Rail Canada trains, which have been in service for 77 years, will be replaced by equipment from the French manufacturer Alstom.
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