MONTREAL — A high-speed rail link between Toronto and Quebec City could deliver billions of dollars in economic benefits, a new report says. The C.D. Howe Institute study found that the promised line would generate between $15 billion and $27 billion in value for Canadians over six decades.

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The Canadian government is moving ahead with a multibillion-dollar plan to build a high-speed rail network between Quebec City and Toronto

Prime Minister Justin Trudeau is expected to reveal more details Wednesday morning of his government's plan to connect Quebec City and Toronto with a high-speed rail line, Radio-Canada has learned.Trudeau is expected to make the official announcement this morning at 9 a.

If it does happen, a high-speed rail line could mean a trip between Montreal and Toronto would take less than three hours, far shorter than the current trip on Via Rail or by car — and in some cases quicker than a flight, after taking into account the trip to the airport and passing through security.

Named Alto, Canada’s new $3.9B high-speed rail line will run from Toronto to Québec City, with speeds forecast at up to 300 km/h, the federal government has announced.

Wednesday’s announcement of $3.9-billion for a five-year planning phase is the latest step in a long-running debate over whether to green light high-speed rail in Canada

With less than a month to go before he gives up his job, Prime Minister Justin Trudeau on Wednesday launched a six-year, $3.9-billion plan to design a high-speed rail line to (one day) connect Quebec City and Toronto,