Question 1

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

Accepted Answer

**Opportunity Summary: Financial Advisory Services for High-Speed Rail Initiative**

**Issuing Organization:**  
Transport Canada (TC)  
Ottawa, Ontario, Canada  
Contact: Jianna-Lee Zomer (jianna-lee.zomer@tc.gc.ca)

**Opportunity Type:**  
Request for Proposal (RFP)

**Important Dates:**  
- **Posted:** February 20, 2026  
- **Due:** March 25, 2026, 14:00

**Project Overview:**  
Transport Canada is seeking qualified firms to provide financial advisory services for the High-Speed Rail (HSR) Initiative encompassing the Toronto-Quebec City corridor. This HSR network is expected to cover approximately 1,000 km, reaching speeds of up to 300 km/h, and aims to enhance intercity rail passenger experiences while achieving critical public policy objectives.

**Scope and Objectives:**  
The selected financial advisor will provide independent financial, strategic, and commercial advice during the Co-Development Phase of the HSR Initiative. Key objectives of the HSR project include:  
- Significantly increasing intercity rail passengers.  
- Enhancing the passenger experience in the corridor.  
- Delivering meaningful environmental benefits to support the Government of Canada’s Net Zero Commitment.  
- Increasing accessibility and affordability of services.  
- Ensuring safety for intercity journeys.  
- Contributing positively to the government's commitment to reconciliation with Indigenous Peoples.  
- Reducing financial costs to taxpayers.

**Scope of Advisory Services:**  
Services may include, but are not limited to:  
- Assessment of financial and commercial frameworks for project viability and alignment with government objectives.  
- Advice on project agreements and investment decisions.  
- Insights into economic and operational opportunities, including benefits to Indigenous communities.  
- Supporting Transport Canada's oversight of financial risks, costs, and benefits.  
- Providing independent financial perspectives for informed decision-making.

**Deliverables and Performance Standards:**  
The advisor must deliver reliable, relevant, and independent advice that safeguards Canada’s interests and ensures project outcomes are met. Frequent engagement with Transport Canada is expected.

**Mandatory Qualifications:**  
- Proven expertise in financial advisory services relevant to large infrastructure projects.  
- Experience working with government agencies or in public sector environments.  
- Ability to deliver insights and analyses that meet public policy objectives.

**Preferred Qualifications:**  
- Experience with high-speed rail or similar transportation projects.  
- Familiarity with change management and land use planning in the context of public transportation.  
- Understanding of environmental assessments and Indigenous relations concerning large infrastructure initiatives.

**Evaluation Criteria:**  
Proposals will be evaluated based on a combined highest score for technical merit and pricing. The assessment will prioritize compliance with mandatory qualifications, followed by the preferred qualifications that enhance competitive advantage.

**Geographic Restrictions:**  
Services are expected to be provided in Canada.

This summary is designed to assist companies in identifying their fit for this opportunity with Transport Canada. Interested parties should ensure they meet the mandatory requirements and consider preferred qualifications for a competitive edge.

Question 2

When is the proposal submission deadline?

Accepted Answer

The proposal submission deadline is March 25, 2026 (21 days left).

Question 3

Where can I submit a proposal or get solicitation documents?

Accepted Answer

You can access the full solicitation documents and submit your proposal at: https://canadabuys.canada.ca/en/tender-opportunities/tender-notice/cb-857-71638821

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

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