Chris Selley: The $90B high-speed rail money pit is collapsing in on itself |
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Chris Selley: The $90B high-speed rail money pit is collapsing in on itself
For once, the Parti Québécois raises a useful issue: opportunity costs
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Some Quebecers and federal politicians seem a bit flummoxed by Quebec’s leading separatist parties, the Parti Québécois and Bloc Québécois, being very much not behind Ottawa’s high-speed rail plan. (I use the word “plan” advisedly.)
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“We don’t have the luxury, or the interest, in potentially paying $200 billion for a train for which the primary objective is a desire for ‘nation building’ and reinforcement of Canadian unity by the federal Liberal government,” PQ Leader Paul St-Pierre Plamondon wrote on social media this week, citing a cost estimate from the Bloc. (The official, utterly unserious estimate — based on per-kilometre building costs in Europe, which are far lower than in North America — is $60 to $90 billion.)
Chris Selley: The $90B high-speed rail money pit is collapsing in on itself Back to video
Transport Minister Steven MacKinnon went so far this week as to say, “there is no Alto project without Quebec,” which was somewhat odd since the government also insists it’s a purely federal project, a “project of national interest” no less, requiring no money from the province (except in taxes, of course). If provinces........