Canada · Programme
Alto high-speed rail — buyers, tenders and who holds what
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Toronto–Québec City high-speed rail: Alto (Crown corporation) with private partner Cadence; development phase from March 2025; rolling-stock and signalling market sounding 2026; construction 2029–30.
Buyers
| Buyer | Type | Region |
|---|---|---|
| CDPQ Infra | PPP concessionaire | Québec |
| Alto (Crown corporation) | High-speed rail SPV | Québec, Ontario |
| Cadence | PPP concessionaire | Québec |
Live tenders
| Tender | Buyer | Status | Value band | Next key date |
|---|---|---|---|---|
| REM two additional stations design-build | CDPQ Infra | Open | value not published | Closes November 2026 |
| Alto central segment, Ottawa–Montréal, first construction phase | Cadence | Pre-bid | no package values published | Closes December 2026 |
| Alto Toronto-Québec City high-speed rail | Alto | Pre-bid | value not published |
Milestones
The next key date of each tender in this programme, by month.
Passed
| Month | Milestone | Tender | Buyer | Status |
|---|---|---|---|---|
| August 2026 · award expected | Bids closed | CDPQ Infra general contractor qualification | CDPQ Infra | Bids closed |
Coming up
| Month | Milestone | Tender | Buyer | Status |
|---|---|---|---|---|
| November 2026 | Closes | REM two additional stations design-build | CDPQ Infra | Open |
| December 2026 | Closes | Alto central segment, Ottawa–Montréal, first construction phase | Cadence | Pre-bid |
Players holding positions here
| Player | Kind | HQ |
|---|---|---|
| Alstom | Rolling-stock OEM | France |
| Aecon | Civil contractor | Canada |
| AtkinsRéalis | Engineering consultant | Canada |
| Dragados | Civil contractor | Spain |
| SYSTRA | Engineering consultant | France |
| Siemens Mobility | Rolling-stock OEM | Germany |
| EBC | Civil contractor | Canada |
| Pomerleau | Civil contractor | Canada |
| Keolis | Operator group | France |
| Kiewit | Civil contractor | United States |
| SNCF | Operator group | France |
| WSP | Engineering consultant | Canada |
| Artelia | Engineering consultant | France |
Browse: the Atlas · Canada · players · events
Compiled by Watchtower to editorial standards the Managing Partner sets and enforces. Public record only — every datum carries its source.