Its funny cause having support for a project in general and also saying it shouldnt go near me are opinions that arent mutually exclusive
I suggest you actually talk to conservative voters outside the Quebec-Windsor Corridor and see how much backing HSR has for, say, farmers in Manitoba. PP has promised to let ALTO proceed on the liberal’s timeline until the „final investment decision by the federal government. He knows very well why he doesn’t dare to show more comitment, despite his own riding standing to largely benefit from the project…
I disagree, due to economic challanges we are entering into a period of low interest rates, which along with those economic challanges gives the govt both increased fiscal room and political impatus to spend in ways you might not do otherwise.
Trade wars increase customer prices and therefore largely offset the deflationary effect of the accompanying recession:
Their is also the ability to produce alto plans in several phases. Thus smoothing the yearly costs of development, which canada absolutly would have the fiscal space to manage.
Agreed, so MTRL-OTTW in 2040, OTTW-TRTO in 2050 and QBEC-MTRL in 2060…?
Last but not least. Carney has very clearly stated on several occasions that deficit spending for large scale projects, such as alto, will be classed separately from spending from non-infrastructre spending. It's his way, i suspect of "balancing the budget" wink wink nudge nudge, while spending on large infrastructure projects.
Agreed, but to counter the recessionary effect of the trade war, you need projects which are shovel-ready
now, not in 5 years when the economy has already adapted to the new reality and this project will only amplify the post-recession rebound. Only consultants (lile myself), engineers (like my colleagues) and engineering firms (like my employer) are going to really benefit from this project until then…
Again, I will say this again. Money is not the problem, political concensus is. We are slowly getting to political consensus in this project.
Money has always been the issue when building HSR. If private investors were willing to put dozens of billions on the table and ask to build HSR, it have already been built 20 years ago!
I mentioned it in my previous comment, but smiths photo opp with alto ceo was very telling. If Edminton and Calgary HSR is something actively being discussed and pursued, and eventually rubberstamped, not even the fed cons would bother opposing east HSR development.
If you tie (even just implicitly) funding for Edmonton-Calgary HSR with that for ALTO, you are just escalating the de-facto scope of what started as a smart&efficient project by even more than what the libs have succeeded so far…
Imma stick to my prediction that if carney gains a majority, alto in some form or fashion will get off the ground.
I predict he will be out of the office again before the final funding decision is done in some 5 years (i.e., at least 2 general elections from now)…