Project Agora Payment Test
The Bank of Canada joined a BIS project involving eight central banks and more than 40 financial institutions to test tokenized wholesale cross-border payments.
InfrastructureCategory
Infrastructure
Small Craft Harbour Funding
The proposed funding would be added to Fisheries and Oceans Canada's existing annual harbour program budget of about $90 million.
InfrastructureDefence Industrial Strategy
Finance Canada announced $813,739 for a University of New Brunswick port-capacity platform and $30,000 for a Dieppe cybersecurity project.
InfrastructureALTO Ottawa-Montreal Start
Transport Canada said Ottawa-Montreal was chosen as the starting segment for ALTO, a high-speed rail project expected to span about 1,000 kilometres.
InfrastructureTrade Diversification Corridors Fund
Budget 2025 proposes a $5 billion Trade Diversification Corridors Fund and $6 billion for transportation infrastructure.
InfrastructureALTO High-Speed Rail
The Major Projects Office says the proposed Toronto-Quebec City high-speed rail line would span about 1,000 km and support up to 51,000 jobs over 10 years.
Infrastructure