Canda tax hike should be a last resort for HSL

| No Comments | No TrackBacks

[..]

Mr. Ignatieff also underscored the potential economic benefits of building a high-speed rail corridor between Quebec City and Windsor, a long-discussed project for which provincial and federal governments recently announced a $3-million feasibility study.

Transport Minister John Baird has indicated such a plan would not meet the "shovel-ready" criteria for stimulus dollars to flow, but Mr. Ignatieff contends that as the country heads toward deficit, the focus should shift to "big projects that tie us together."

"Of course, it's expensive, and we can't fund it all at once, but no project would do more to stimulate regional economic development along the line," he said during the magazine interview at Stornoway, the official residence of the Opposition leader. "No project would allow us to demonstrate a commitment to environment goals, no project that I can think of would be a bigger boost to some of our big competitive companies."

 

1547849.jpgThe high-speed line, estimated to cost about $30-billion, would be manageable if rolled out in stages, Mr. Ignatieff said. As Canada approaches its 150th anniversary in 2017, he added, government should work on promoting a country that is "more united" than it was in 1967, the year of Canada's centenary.

Mr. Ignatieff also underscored the potential economic benefits of building a high-speed rail corridor between Quebec City and Windsor, a long-discussed project for which provincial and federal governments recently announced a $3-million feasibility study.

Transport Minister John Baird has indicated such a plan would not meet the "shovel-ready" criteria for stimulus dollars to flow, but Mr. Ignatieff contends that as the country heads toward deficit, the focus should shift to "big projects that tie us together."

"Of course, it's expensive, and we can't fund it all at once, but no project would do more to stimulate regional economic development along the line," he said during the magazine interview at Stornoway, the official residence of the Opposition leader. "No project would allow us to demonstrate a commitment to environment goals, no project that I can think of would be a bigger boost to some of our big competitive companies."

The high-speed line, estimated to cost about $30-billion, would be manageable if rolled out in stages, Mr. Ignatieff said. As Canada approaches its 150th anniversary in 2017, he added, government should work on promoting a country that is "more united" than it was in 1967, the year of Canada's centenary.

Source: National Post

No TrackBacks

TrackBack URL: http://www.hslzone.com/cgi-sys/cgiwrap/obando/managed-mt/mt-tb.cgi/21

Leave a comment