MONTREAL — A high-speed rail link between Toronto and Quebec City could deliver billions of dollars in economic benefits, a new report says. The C.D. Howe Institute study found that the promised line would generate between $15 billion and $27 billion in value for Canadians over six decades.

Wednesday’s announcement of $3.9-billion for a five-year planning phase is the latest step in a long-running debate over whether to green light high-speed rail in Canada

VIA Rail is cautioning passengers to expect significant disruptions on the Toronto-Ottawa-Montreal-Quebec City corridor today and Tuesday due to the aftermath of the powerful winter storms . Travelers may face lengthy delays and multiple train cancellations as the company works to restore operations.

The federal government is moving ahead with the next phase of a high-speed rail network between Quebec City and Toronto, Prime Minister Justin Trudeau announced Wednesday.

Named Alto, Canada’s new $3.9B high-speed rail line will run from Toronto to Québec City, with speeds forecast at up to 300 km/h, the federal government has announced.

Prime Minister Justin Trudeau today announced that the federal government has selected a consortium to co-develop a high-speed-rail link running from Quebec City to Toronto. Speaking in Montreal, he called it the largest infrastructure project in Canadian history.

The Canadian government says it is moving ahead with a multi-billion dollar plan to build a high-speed rail network between Quebec City and Toronto.

Prime Minister Justin Trudeau has outlined a plan to bring a high-speed train line to Canada. The long-promised project would see a high-speed rail line linking Quebec City and Toronto. CBC’s Ali Chiasson has the details.

Prime Minister Justin Trudeau on Wednesday announced Canada's first high-speed rail line, connecting major hubs from Toronto to Quebec City, calling it "the largest infrastructure project in Canadian history.