Angelo Iacono at the Transport, Infrastructure and Communities Committee

On March 9th, 2016. See this statement in context.

March 9th, 2016 / 5 p.m.

Liberal

Angelo Iacono Liberal Alfred-Pellan, QC

Thank you, Madam Chair.

Thank you for being here with your team this afternoon, Minister Garneau.

The 2016-17 main estimates propose an allocation to VIA Rail to meet the corporation's estimated budget expenditures, which include $239.5 million to cover an operating deficit. The CTA review recommends that the federal government consider the elimination of federal subsidies for the Toronto to Vancouver service and support the ongoing feasibility study of a project to build dedicated track between Montreal and Toronto.

What is VIA Rail’s current level of cost-recovery from its operations across Canada?

Is VIA Rail’s revenue from passenger fares expected to cover a greater proportion of its costs in the future?

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