Canada invests $ 79.77 million to improve rail safety

The Government of Canada intends to invest more than $ 79.77 million (CAD 100 million) to improve the safety of the country’s rail system.

Over five years, starting from 2021-2022, funding will be provided to Transport Canada to support safe passenger and freight transport by rail, reports Railway Supply

Transport Canada will use the funding for various initiatives, which will include investments in rail supervision to eliminate safety risks.

Ukrzaliznytsia has published an Integrated Report (ESG-report) for 2020

The investment will also help the department conduct research and analysis to reduce the impact of climate change and extreme weather conditions on rail infrastructure. Part of the funding will also be used under the current Railway Safety Improvement Program.

Omar Algabra, Minister of Transport of Canada said: “Today’s event will strengthen the safety of our rail system, protect the communities that use, live and work on our railways. This investment is essential to ensure that Canada’s rail system continues to transport people and goods safely and reliably to their destinations, now and in the future. ”

Related:

EBRD to support electrification and modernization of Egypt’s main railway line

Find the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.

Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit