Alto high-speed rail project likely to cost more than originally thought: budget watchdog

The proposed high-speed rail project connecting Toronto and Quebec City now faces a significantly higher price tag, with estimates soaring to between $75 billion and $113 billion, according to a recent Parliamentary Budget Office report. This substantial increase raises concerns about the project's feasibility and funding sources. As one of Canada's most ambitious infrastructure initiatives, the escalating costs could impact federal budgets and future transportation policies, prompting scrutiny from both political and financial sectors about whether the benefits will justify the expense.