Canada Picks Alstom to Build Passenger Railcars in Multibilllion-Dollar Deal

Canadian Prime Minister Mark Carney announced a significant investment of 4.7 billion Canadian dollars (US$3.4 billion) to modernize Via Rail's fleet with new-generation passenger cars from French company Alstom. This deal is a major step in enhancing the country's rail infrastructure and is expected to improve service efficiency and passenger experience. The agreement highlights Canada's commitment to advancing its transportation network and underscores the potential economic benefits from increased rail travel. For a more detailed read, check out the full article on the Wall Street Journal website.