Buy Canadian Policy

The Government of Canada has introduced new policies to protect, build, and transform Canadian industries. Check out Buy Canadian Policy for more information on what this could mean for you.

---

Financial Advisory Services to Transport Canada for the High-Speed Rail (HSR) Initiative

Solicitation number T8080-240075

Publication date

2026/02/20

Closing date and time 2026/04/08 14:00 EDT

Last amendment date

2026/03/11

Status Status
Open

| Time to closing | |
| 27 days | 17:36 hours |

Description

Transport Canada (TC) is seeking financial advisory services to provide broad financial, strategic, and commercial advice in support of the High-Speed Rail (HSR) Initiative during its Co-Development Phase.

BACKGROUND
On February 19, 2025, the Prime Minister of Canada announced that Canada is developing a high-speed rail network in the Toronto-Quebec City corridor. This transformative rail network will span approximately 1,000 km and reach speeds of up to 300 km/hour, with stops in Toronto, Peterborough, Ottawa, Montréal, Laval, Trois-Rivières, and Quebec City.
The HSR Initiative will be delivered through a progressive, collaborative co-development model. Transport Canada, as the project owner, provides oversight and strategic direction. Alto, a new federal Crown corporation (formerly VIA HFR), acts as the contracting authority and leads project development in partnership with the selected Private Developer Partner (PDP), Cadence.
During the Co-Development Phase, TC will provide guidance and oversight to ensure the project meets public policy objectives and that the planning and design reflect government priorities.
The HSR Initiative aims to achieve the following outcomes:
• Significantly Increase Intercity Rail Passengers
• Enhance Passenger Experience in The Corridor
• Provide Meaningful Environmental Benefits to Support the Government of Canada’s Net Zero Commitment
• Significantly Increase Availability of Accessible and Affordable Services
• Enable Safe Intercity Journeys
• Contribute Positively to Government’s Commitment to Reconciliation with Indigenous Peoples
• Mitigate Financial Costs to Taxpayers

REQUIREMENT DESCRIPTION
TC is seeking financial advisory services from the Advisor to deliver reliable, relevant, and independent advice in support of the HSR Initiative. The Advisor will provide independent, expert advice to help Transport Canada safeguard Canada’s interests and ensure the HSR Initiative achieves its defined Project Outcomes. This includes evaluating planning and design from a commercial and financial perspective, advising on risk mitigation, and ensuring value for money. The Advisor will support TC throughout the Co-Development Phase with objective insights that strengthen decision-making.

SCOPE OF ADVISORY SERVICES
The services may include, but are not limited to:
• Assessing financial and commercial frameworks to ensure viability, alignment with government objectives, and value for money.
• Advising on project agreements, investment decisions, and associated commitments.
• Providing insights on broader economic and operational opportunities, including benefits for Indigenous Peoples and communities.
• Supporting Transport Canada’s oversight of financial risks, costs, and benefits related to HSR.
• Contributing independent financial perspectives to inform decision-making and stakeholder engagement.

Other Advisory Services
In addition to financial expertise, the Government of Canada may also require other advisory services to support the broader planning, development, and implementation of the HSR Initiative.
These services will complement financial advisory work and may include:

• Change management advisory Services related to existing railway services;
• Independent oversight and assurance;
• Supply chain analysis and review;
• Alignment and station planning;
• Land value capture and community benefits advisory services;
• Transit-oriented Development and community benefits advisory services;
• Housing advisory services;
• Research and analysis on tourism impacts and comparative rail project insights (domestic and international); and
• General strategic, operational and policy advisory support.

Show more description Show less description

Contract duration

The estimated contract period will be 36 month(s).

Trade agreements

• North American Free Trade Agreement (NAFTA)
• World Trade Organization Agreement on Government Procurement (WTO GPA)
• Canada-Chile Free Trade Agreement (CCFTA)
• Canada-Peru Free Trade Agreement (CPFTA)
• Canada-Colombia Free Trade Agreement
• Canada-Panama Free Trade Agreement
• Canada-Honduras Free Trade Agreement
• Canada-Korea Free Trade Agreement (CKFTA)
• Canadian Free Trade Agreement (CFTA)
• Canada-European Union Comprehensive Economic and Trade Agreement (CETA)
• Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
• Canada-Ukraine Free Trade Agreement (CUFTA)
• Canada-UK Trade Continuity Agreement (Canada-UK TCA)

Reason for limited tendering

A contracting officer can use limited tendering for specific reasons outlined in the applicable trade agreements. The reason for this contract is described below:

• None

Partner with another business

Are you interested in partnering with other businesses for this opportunity? Add your company to the list of businesses who are interested in partnering.

This list does not replace or affect the tendering procedures for this procurement process. Businesses are still required to respond to bid solicitations, and to compete based on the set criteria. For more information please read the Terms of use.

Businesses interested in partnering for this tender opportunity:
Note: Information may not be available in both English and French. This is because the Official Languages Act does not apply.

• 9482-6104 Quebec Inc.

Contact information

Contracting organization

Organization Department of Transport (TC) Address 330 Sparks Street

Ottawa, Ontario, K1A0N5 Canada Contracting authority Jianna-Lee Zomer Phone 343486-9092 Email jianna-lee.zomer@tc.gc.ca Address 330 Sparks Street

Ottawa, Ontario, K1A0N5 Canada

Bidding details

Full details regarding this tender opportunity are available in the documents below. Click on the document name to download the file. Contact the contracting officer if you have any questions regarding these documents.
| Document title | Amendment no. | Language | Unique downloads | Date added |
| --- | --- | --- | --- | --- |
| Solicitation Amendment 1_T8080-240075.pdf | 001 | EN | 7 | 2026/03/11 |
| Modification de L'invitation 1_T8080-240075.pdf | 001 | FR | 6 | 2026/03/11 |
| RFP T8080-240075 [EN].pdf | 001 | EN | 87 | 2026/02/20 |
| DDP - T8080-240075 [FR]_0.pdf | 001 | FR | 24 | 2026/02/20 |
Access the Getting started page for details on how to bid, and more.

Related notices

There are currently no notices related to this notice.

Eligibility and terms and conditions

Government of Canada tender and awards notices, solicitation documents, and other attachments are fully accessible and available free of charge and without having to register on CanadaBuys.

Information may be available on another source prior to being available on CanadaBuys. You may have received this information through a third-party distributor. The Government of Canada is not responsible for any tender notices and/or related documents and attachments not accessed directly from CanadaBuys.canada.ca.

Government of Canada tender or award notices carry an OpenGovernment License - Canada that governs its use. Related solicitation documents and/or tender attachments are copyright protected. Please refer to our terms and conditions page for more information.

---

Summary information

Notice type Request for Proposal Language(s) English Region(s) of delivery Canada Region of opportunity Canada Contract duration 36 month(s) Procurement method Competitive – Open Bidding Selection criteria Highest Combined Rating of Technical Merit and Price Commodity - UNSPSC
Click the links below to see a list of notices associated with the UNSPSC.
-
-
-
-
-
-
-
-

Support for small and medium businesses

If you have questions about this tender opportunity, please contact the contracting officer, whose information is found in the Contact information tab.

Refer to our Support page if you need help or have questions about the government procurement process, including how to bid or how to register in SAP Ariba. You can also contact Procurement Assistance Canada, which has offices across Canada.

Report a problem on this page Date modified:

2026-03-11