https://occ.ca/wp-content/uploads/Provincial-Pre-Budget-Submission-2019.pdf - This is on page 14: Restore passenger rail in Northern Ontario by partnering with the Canada Infrastructure Bank. The lack of adequate transportation infrastructure in Northern Ontario is a significant barrier to economic development. In recent years, mass transit service within Northern Ontario has been significantly reduced or cancelled, limiting mobility in a region already underserved compared to the rest of the province. In 2012, the Northlander passenger rail service came to an end, followed in 2018 by the cancellation of inter-city Greyhound routes as well as those that link the North to Western Canada. A lack of transit limits access to health care, jobs, and business opportunities for Northern communities. It also hinders development of the Ring of Fire, which has the potential to generate up to $9.4 billion in GDP over 10 years for this province.15 In its 2018 Fall Economic Statement, the Ontario government committed to supporting economic development and job creation in the North by investing in infrastructure. Since the expansion of passenger rail in Northern Ontario would generate fare revenue, it can be funded in part by the Canada Infrastructure Bank (CIB), a Crown corporation that attracts private sector investment to fund revenue-generating infrastructure in the public interest.16 By partnering with the CIB on this project, the Ontario government would take considerable strides towards unlocking economic development opportunities in Northern Ontario–including the Ring of Fire–at an acceptable cost to Ontario taxpayers.
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