Infrastructure bank studied as funding option for U.S.-Canada High-Speed Rail
"They both expressed their support for ultra high-speed rail that could improve connectivity, help grow business opportunities on both sides of the border,"
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OTTAWA -- Washington state is exploring whether Canada's new infrastructure bank could help finance a multibillion-dollar proposal for high-speed rail between Vancouver and the U.S. northwest.
The Trudeau government's soon-to-be-launched, $35-billion infrastructure bank will seek to use public funds as leverage to attract billions more in private investment for major infrastructure projects, such as bridges, transit systems and rail lines.
The legislative blueprint for the infrastructure bank also allows for the use public money to help bankroll projects "in Canada or partly in Canada," provided there's a financial benefit and a physical connection to the country