Governor Jay Inslee of Washington state, Governor Kate Brown of Oregon, and Premier John Horgan of British Columbia signed a Memorandum of Understanding that establishes ultra-high-speed transportation as a regional priority. The agreement reaffirms the shared commitment to developing a sustainable Cascadia Innovation Corridor.
A 2018 study from the Washington State Department of Transportation projected that a high-speed rail system linking Vancouver, Seattle, and Portland would spark up to $355 billion in economic growth in Cascadia while reducing harmful emissions and creating downstream benefits for affordable housing, environmental sustainability, and more.
In the United States, the recently signed infrastructure law presents new opportunities to pursue federal funding to advance the development of an ultra-high-speed transportation system. In addition, Congress is currently working on a dedicated high-speed rail funding program.