To develop and implement the HFR project, Canada incorporated VIA HFR – VIA TGF Inc. on November 29, 2022 as a wholly owned subsidiary of VIA Rail. VIA HFR will oversee and manage the implementation and delivery of the Co-Development Phase. It will act as the project authority and a strong public sector counterparty to the eventual private-sector development partner (PDP). As it scales up, VIA HFR will take over the leadership of key project activities and will work collaboratively with the private partner to co-develop and optimize the HFR project. VIA HFR, a Crown corporation, reports directly to Parliament through the Minister of Transport. It operates at arm’s length from the government with the flexibility, independence and corporate agility required to advance this large infrastructure project. Once HFR is in service, VIA Rail is expected to continue operating its long-distance services from Toronto to Vancouver and from Montreal to Halifax.