Canadian government expected to announce plans for Toronto–Montréal–Québec City high-speed rail tomorrow: https://www.thestar.com/politics/federal/trudeau-government-to-announce-high-speed-rail-plans-from-toronto-to-quebec-city-sources/article_076f9e40-ee61-11ef-bd95-8fa1649eb6a7.html
A very promising project that compares well with high-speed lines in Europe in terms of distance between major cities: https://www.urban.org/research/publication/testimony-yonah-freemark-canada-house-commons-standing-committee-transport
A very promising project that compares well with high-speed lines in Europe in terms of distance between major cities: https://www.urban.org/research/publication/testimony-yonah-freemark-canada-house-commons-standing-committee-transport
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Bets are now being taken for how many pages long the resulting report from this announcement will be.
The bulk of the value will be with Canadian companies no matter what, because it's in construction. But by specifying local content requirements you make inputs more expensive, on top of
Local content requirements are a dumb way to do industrial policy. No need to copy the neighbors from down south in that.