Gotta read between the lines. And not even very finely.
It is $4.4 million to get it to cabinet decision day. And $491.2 million for the subsidy.
"for infrastructure investments that would support the overall success of the high frequency rail project"
That is the subsidy. Without the subsidy the project wouldn't be successful.
Sounds like Finance most certainly had a budget letter with the exact subsidy need in their hands.
You have to admit, though, that for those of us who don't know the secret signs and black-art rituals of how Ottawa transacts decisions, this process sure looks like the approval process is standing on its head.
If, as you suggest, the line item in today's budget is nothing more than a top-up aka capital subsidy in advance of approving HFR (because the CIB/JPO report found that the project can't service the full investment that the project requires), then Ottawa is booking a subsidy for a program that hasn't been approved at Cabinet yet, and/or that it doesn't see fit to voice support for.
And, if in fact that top-up is needed, it's a rebuttal of the whole business case, which was said to have legs as a subsidy free program.
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@kEiThZ I hope I'm wrong, but in an environment where a similar priced COVID buyout for Air Canada was conceived and approved in under a year (and, in so doing, raised harsh criticism for taking too long) it's hard to imagine what additional twists and turns ought to be needed to vet HFR.... and it's hard to believe that everything that is being "studied" and "explored" along the way doesn't have a few self evident truths that don't need validation. Only VIA seems to have to count angels on the head of a pin, and then list all their names, and then provide their CV's, and then ask the RCMP to give each angel a security clearance....and only VIA has to whisper their names and pretend there aren't any angels, or even a pin, in the name of remaining '"coy".
The six-year phasing of this expense is curious, too. Will the project take that long to build? That's a change to the story.
My conspiracy theory is that the McKenna/Sabia crowd may have won the day, in the sense of arguing "let's not build HFR, let's just drag our heels and wait until HSR might be sellable". The money to be spent might well just be some slim pickings from VIA FAST, with the objective of pacifying CN, easing the conflict on the Lakeshore line for a few years, and maybe roughing in a few obvious improvements that will bridge to HSR.
Hopefully VIA will make some statement about how it intends to apply the funds, and again, I hope I'm wrong....but few government programs roll out in this strange way.
- Paul