What is HFR?
In the 21st century global economy, the most competitive countries are those characterised by increasing movement among their metropolitan regions. Connecting Canada’s two largest urban regions, Toronto and Montréal, with faster, greener, more frequent and more reliable passenger rail would help attract talent and generate innovation, improving Canada’s competitive advantage on the world stage. And at points in between, it would help attract and retain residents, tourists and businesses, to make sure our smaller communities remain vibrant, and continue to thrive.
HFR has the potential to:
Improve regional productivity by making it easier to travel between major cities in the most populated region of Canada (which contributes over 40% of the country’s GDP), connecting hubs of economic activity and linking many of the region’s largest centres of higher education.
Be a driving force for the country's economic stimulus—as one of Canada's biggest transportation infrastructure projects this century—creating new jobs during the design, construction and operation phases of the project.
Mostly separate passenger and freight rail operations, creating more sustainable transportation capacity for both people and goods.
Promote a competitive marketplace that gives Canadians more choice and more affordable options for where they live, work and play, and that gives businesses better access to more affordable locations and more efficient transportation.
Help attract and retain residents, tourists and businesses along the route, improving regional productivity.