VIA RAIL TO TEST PRIVATE MONEY

Canada's federal government has committed Cdn$401.9 million over 5 years for capital improvements to Via Rail, the passenger line it owns. However, a little-noticed part of the background materials provided with the announcement has opened the door to private money. The government and Via "will also initiate the commercialization of certain remote and regional rail services" to tap into the better and more efficient service that private operators can deliver, the announcement said. The private participation will fulfill a government commitment to test the franchise concept in 2000.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/19598638
• Corporate Authors:

  Public Works Financing

  147 Elmer Street
  Westfield, NJ  United States  07090-2433
• Publication Date: 2000-5

Language

• English

Media Info

• Pagination: p. 27
• Serial:
  • Public Works Financing
  • Volume: 140
  • Publisher: Public Works Financing
  • ISSN: 1068-0748

Subject/Index Terms

• TRT Terms: Capital costs; Federal government; Franchises; Government funding; Improvements; Passenger trains; Private enterprise; Privatization
• Geographic Terms: Canada
• Subject Areas: Finance; Railroads;

Filing Info

• Accession Number: 00795579
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 3 2000 12:00AM