logo
Via Rail subsidiary paid marketing firm more than $330,000 to rebrand passenger rail project

Via Rail subsidiary paid marketing firm more than $330,000 to rebrand passenger rail project

Globe and Mail28-05-2025
A federal Crown corporation paid more than $330,000 to an outside marketing firm to rebrand a planned passenger rail project between Toronto and Quebec City and boost its popularity.
Documents obtained by The Canadian Press detail how the corporation, concerned about 'widespread disinterest' in a high-frequency rail corridor announced in 2021, decided to change its name and pivot to high-speed rail instead.
As part of that shift, the Via Rail subsidiary hired a Quebec-based firm, Cossette Communication Inc., to develop a marketing plan that would reflect a new direction – signalled by the Crown corporation's chief executive, Martin Imbleau – to ensure the project placed a greater emphasis on speed.
With the firm's help, the corporation came up with a new logo and a new name – Alto – more than a year ago.
The rebranding was apparently so sensitive that the Crown corporation also chose a code name for Alto. Multiple documents, obtained using access-to-information law, refer to the new name as 'Tracks.'
It would take until February, 2025, for the new name to be made public, when former prime minister Justin Trudeau announced the government was awarding a contract to a consortium to design the 1,000-kilometre high-speed rail network.
If completed, the train would take passengers from Montreal to Toronto in just three hours.
Via Rail workers vote to give Unifor strong strike mandate
The government's initial plan for the passenger rail system, announced in July, 2021, envisioned a high-frequency rail line connecting Toronto, Ottawa, Montreal and Quebec City. The network would have cut travel times for passengers, but the trains would be too slow to be considered high-speed.
The documents make clear that by the fall of 2023, however, the Crown corporation felt it needed to change course and scrap its original name – Via HFR.
'The concept of 'high frequency' faces strong opposition. There's widespread disinterest and dissatisfaction associated with the term, hindering any meaningful discussions and support. This resistance has become particularly challenging to navigate as the term 'high frequency' is directly embedded in the [corporation's] name,' reads an undated briefing note written in late 2023 or early 2024.
It goes on to say that discussions of higher speed 'are met with openness,' which would lead to 'greater project support and acceptance.' It adds that the Via HFR name should be changed early in the process, while the public's awareness of the project is 'relatively low.'
Via HFR's work with the marketing firm dates back to at least September, 2023, when it signed a contract with Cossette to develop a 'brand narrative' and a tag line for the corporation as part of the shift to high speed. The contract appears to have been extended multiple times through the end of 2024, and invoices from the marketing firm show it billed more than $330,000 between October, 2023, and January, 2025.
Opinion: Great high-speed rail, Ottawa. Let's make sure we can actually build it
Cossette declined to comment on the contract. In a statement, the office of Transport Minister Chrystia Freeland said Alto is an arm's-length organization responsible for its own day-to-day activities. 'Minister Freeland expects that these institutions are well-managed and ensure value for taxpayer dollars,' it reads.
A presentation from the firm dating from December, 2023, shows a list of 'top 3' names under consideration at the time: Inter, XLR and Trax.
But none of those made the cut. An April, 2024, presentation from Via HFR shows the corporation had landed on Alto, which it said 'embodies the project's stronger focus on incorporating higher speeds and providing a higher level of service to Canadians.'
Alto also evokes 'music and the train as catalysts for connection,' the presentation says, and is a 'play on words with the train as an alternative way to travel.' The name also works in both official languages, it adds.
'Naming a national project of this scale goes beyond branding,' a spokesperson for Alto said in an e-mail statement. 'A strong, meaningful name anchors public support, reflects ambition, and shapes how Canadians will connect with the project for decades. It's a sensitive process. We approached Alto's naming with care, rigour, and a long-term vision.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Currency Exchange International, Corp. Announces Approval to Amend Share Buyback Program
Currency Exchange International, Corp. Announces Approval to Amend Share Buyback Program

Globe and Mail

time28 minutes ago

  • Globe and Mail

Currency Exchange International, Corp. Announces Approval to Amend Share Buyback Program

TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Currency Exchange International, Corp. ('CXI' or the 'Company') (TSX:CXI) (OTCQX:CURN) today announced acceptance by the Toronto Stock Exchange (the ' TSX ') of the Company's Notice of Intention to amend its normal course issuer bid (the ' NCIB '). The amendment is effective as of August 25, 2025, and increases the maximum number of common shares (the ' Shares ') of the Company that may be repurchased, from 316,646 Shares to 377,000 Shares, representing 8.09% of the 'public float' as at November 18, 2024 and 10% of the 'public float' as of today's date. As of November 18, 2024, CXI had 6,332,931 common shares issued and outstanding. Purchases under the NCIB began on December 2, 2024 and will terminate no later than December 1, 2025. The Company reserves the right to terminate the NCIB earlier if it feels that it is appropriate to do so. Under its current NCIB, as of August 18, 2025, the Company has repurchased 221,400 Common Shares, at a weighted-average price of C$20.84. All Shares will be purchased on the open market through the facilities of the TSX as well as on alternative Canadian trading platforms, at prevailing market rates and any Shares purchased by CXI will be cancelled. The actual number of Shares that may be purchased and the timing of any such purchases will be determined by CXI. Any purchases made by CXI pursuant to the share buyback program will be made in accordance with the rules and policies of the TSX. Under the policies of the TSX, CXI will have the right to repurchase under its share buyback program, during any one trading day, a maximum of 1,000 Shares. In addition, CXI will be allowed to make a block purchase (as such term is defined in the TSX Company Manual) once per week of Shares not directly or indirectly owned by the insiders of the Company, in accordance with TSX policies. CXI will fund the purchases through available cash. In deciding to amend the share buyback program, the Board of directors believes that the market price of the Common Shares may not, from time to time, fully reflect their long-term value. Accordingly, the purchase of the Common Shares under the amended share buyback program is in the best interests of the Company and an attractive and appropriate use of available funds. Although the Company has a present intention to acquire its Shares pursuant to the share buyback program, the Company will not be obligated to make any purchases and purchases may be suspended by the Company at any time. The Company has also amended its automatic share purchase plan (the ' ASPP ') with its broker to allow for the purchase of up to 377,000 Shares under the ASPP. All repurchases made under the ASPP will be included in computing the number of Shares purchased under the NCIB. About Currency Exchange International, Corp. Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, (' CXIFX '), its related APIs with core banking platforms, and through personal relationship managers. Consumers are served through Group-owned retail branches, agent retail branches, and its e-commerce platform, (' OnlineFX '). Contact Information CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This press release includes forward-looking information within the meaning of applicable securities laws. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, demand and market outlook for wholesale and retail foreign currency exchange products and services, future growth, the timing and scale of future business plans, results of operations, performance, and business prospects and opportunities. Forward-looking statements are identified by the use of terms and phrases such as 'anticipate', 'believe', 'could', 'estimate', 'expect', 'intend', 'may', 'plan', 'predict', 'preliminary', 'project', 'will', 'would', and similar terms and phrases, including references to assumptions. Forward ‐ looking information in this release includes, but is not limited to, statements with respect to: the timing of purchases under the NCIB and ASPP, the Company's belief that the NCIB is advantageous to shareholders and that underlying value of the Company may not be reflected in the market price of its common shares and whether the Company will make any purchases of Shares under the NCIB. Forward-looking information is based on the opinions and estimates of management at the date such information is provided, and on information available to management at such time. Forward-looking information involves significant risks, uncertainties and assumptions that could cause the Company's actual results, performance, or achievements to differ materially from the results discussed or implied in such forward-looking information. Actual results may differ materially from results indicated in forward-looking information due to a number of factors including, without limitation, the competitive nature of the foreign exchange industry, the impact of infectious diseases or the evolving situation in Ukraine on factors relevant to the Company's business, currency exchange risks, the need for the Company to manage its planned growth, the effects of product development and the need for continued technological change, protection of the Company's proprietary rights, the effect of government regulation and compliance on the Company and the industry in which it operates, network security risks, the ability of the Company to maintain properly working systems, theft and risk of physical harm to personnel, reliance on key management personnel, global economic deterioration negatively impacting tourism, volatile securities markets impacting security pricing in a manner unrelated to operating performance and impeding access to capital or increasing the cost of capital as well as the factors identified throughout this press release and in the section entitled 'Risks and Uncertainties' of the Company's most recent Management's Discussion and Analysis filed on SEDAR+. The forward-looking information contained in this press release represents management's expectations as of the date hereof (or as of the date such information is otherwise stated to be presented) and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

Vancouver MLA announces private prosecution against alleged hate speech
Vancouver MLA announces private prosecution against alleged hate speech

CBC

time29 minutes ago

  • CBC

Vancouver MLA announces private prosecution against alleged hate speech

Citing what she called "inaction" on the part of B.C.'s attorney general, Vancouver-Quilchena MLA Dallas Brodie announced plans Wednesday to bring a private prosecution against a woman caught on video at a public rally last year praising the Hamas attack on Israel. Charlotte Kates, international co-ordinator of the Samidoun Palestinian Prisoner Solidarity Network, was the subject of a VPD hate investigation after she gave a speech in favour of Hamas at a rally outside the Vancouver Art Gallery on April 26, 2024. In a widely circulated clip, Kates leads the crowd in a "Long live Oct. 7" chant, referring to the 2023 date Hamas terrorists attacked Israel. Vancouver police recommended provincial Crown charge Kates with wilful promotion of hatred and public incitement of hatred well over a year ago; however, B.C. Prosecution Service spokeswoman Damienne Darby said the VPD investigation remains under charge assessment with no available timeline for completion. "It's been over a year of complete inaction on this file," said Brodie. "David Eby's attorney-general, Niki Sharma, has inexplicably refused to authorize Kates's prosecution, despite repeated calls from myself and other groups to do so." CBC reached out to Kates but had not heard back by the time of publication. On Oct. 15, 2024, the federal government listed Samidoun as a terrorist entity under the Criminal Code. In a statement to CBC, Sharma said Brodie's private prosecution "appears to fall under federal jurisdiction as opposed to the jurisdiction of the B.C. Prosecution Service. "We will be following this process closely, while continuing to work as a government to eliminate any incidents of hate in British Columbia," said Sharma. The sidewalk outside of provincial court in Vancouver drew a robust police presence Wednesday morning when a group holding signs and waving Palestinian flags shouted down Brodie at a news conference arranged by her OneBC party. Over a dozen uniformed officers formed lines along either side of the speaker's podium, while an overhead drone captured video. A private prosecution is a prosecution started by a private individual who is not acting on behalf of a law enforcement agency or prosecution service. The Public Prosecution Service of Canada says the right of a citizen to launch a prosecution for illegal activity is a "valuable constitutional safeguard against inertia or partiality on the part of authority."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store