Morning Update: Canada’s mammoth bet on high-speed rail (opens original article in a new tab)

Canada's high-speed rail project between Toronto and Quebec City faces challenges with limited details and high costs, despite promises of economic benefits and improved travel times.

• Canada's first high-speed rail project between Toronto and Quebec City faces significant challenges with limited details on route, stops, and costs
• Alto, the Crown corporation, expects 24 million annual passengers by 2055 but faces skepticism due to high projected costs and potential overruns
• The project is part of a $60-billion to $90-billion plan with a $30-billion margin of error, and no official cost estimate has been released
• High-speed rail is seen as a potential economic boost but Canada is the only G7 nation without such a system