VIA Rail 2025 annual report showed higher revenue, largely unchanged ridership and increased operating expenses compared with 2024. This is reported by the railway transport news portal Railway Supply.

VIA Rail 2025 annual report shows flat ridership
Photo: VIA Rail Canada Inc..VIA Rail 2025 annual report shows flat ridership

Revenue, ridership and funding

The passenger railway released the report last week, as Progressive Railroading reported. Revenue rose 7.7% to CA$36.8 million. VIA Rail ridership remained at about 4.4 million passengers. Operating expenses increased 3.3% to CA$894 million.

VIA Rail also reported improved self-sufficiency in 2025. Self-generated revenue covered 58% of its operating costs. Meanwhile, government funding for the year totaled CA$736 million, down about 24%.

“Passenger rail is a public service. While this essential service is subsidized to ensure it remains accessible to all citizens, we are proud of the meaningful progress we are making to reduce our reliance on public funding,” VIA Rail Chair Jonathan Goldbloom said in a press release.

Fleet procurement and corridor trainsets

The railroad also said it completed the receipt of 32 trainsets for the Quebec City-Windsor corridor in 2025. Separately, it launched a request for proposals to procure a new fleet for long distance, regional and remote services.

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