Toronto Sun
August 30, 2021 (Canada)
Canada’s freight railways and its publicly owned passenger carrier, VIA Rail, have never been in worse shape, despite the frantic efforts of their flacks to tell us the opposite. But have no fear. The Trudeau government has come up with a brilliant plan to fix this mess: Loan $4.5 billion to Senegal to build a new double-track railway.
The economic, social and environmental ramifications of this bizarre decision by Ottawa’s Canadian Commercial Corporation (CDC) will be staggering. Canada can rarely get a freight or passenger train across the country on time, but we’re going to ship railway investment dollars to Africa. Senegal will now enjoy the fruits of a free-spending, taxpayer-funded policy first unfurled by Pierre Trudeau’s government in the 1970s. Back then, a steady flow of foreign railway loans and gifts made Canada look like a Sugar Plum Fairy on the international stage – and propped up begging Canadian firms with Liberal ties, especially Bombardier.
Source
https://torontosun.com/search/?search_text=Rail
Recommended for you
In 2023, Deutsche Bahn will invest a record EUR 7.6 billion in Germany's Strong Rail system
21 March 2024 (Germany) Net capital expenditures from Deutsche Bahn's own funds reached a new high of almost EUR 7.6 billion, up more than 16% year over year. In 2023, demand for train passenger service kept growing. Significant advancements were also made by DB in its passenger services in 2023, including the addition of more links, a larger and more contemporary fleet of vehicles, and more digital services. Source https://www.deutschebahn.com/en/presse/press_releases/Deutsche-Bahn-invests-a-record-EUR-7-6-bn-in-Strong-Rail-in-Germany-in-2023-12760244#
58 minutes ago
Read MoreAn agreement was concluded by Stadler and GYSEV regarding the delivery of next-generation intercity EMUs.
27 March 2024 (Sopron, Hungary) GYSEV Zrt. and Stadler have inked a contract for the supply of 9+4 intercity EMUs. Beginning in 2027, the operator railway company intends to operate the cars on the lines Sopron-Budapest and Szombathely-Budapest. The new multisystem trains will be authorized to run in Austria in addition to Hungary. At Stadler's carbodies center of excellence in Szolnok, Hungarian experts will fabricate the aluminum bodyshells for the five-car trainsets. Source https://www.stadlerrail.com/media/pdf/20240327_gysev_ic_eng.pdf
3 hrs ago
Read MoreSiemens Mobility and Canadian operator Metrolinx have been awarded a new service contract
27 March 2024 (Canada) For the Central Region of Toronto's passenger railway infrastructure system, Siemens Mobility has been selected by Metrolinx, the regional public transit operator for the Greater Toronto and Hamilton Area, to manage track, signal, and right-of-way maintenance. Siemens Mobility already provides signal and communications services at the Metrolinx Network Operations Center, as well as maintenance services in the West Region, which this agreement expands upon. For almost 40 years, Siemens Mobility has been offering transportation industry solutions in Canada. Source https://press.siemens.com/global/en/pressrelease/siemens-mobility-awarded-further-service-contract-canadian-operator-metrolinx
4 hrs ago
Read More