Plans for privately-financed 400km- (248.548 mile-) commuter rail network centered on Ottawa and Gatineau took a step forward on July 1, when the Moose Consortium of eight local companies exchanged letters of intent with a consortium of LeMine Investment Group and Consortia N.A. (LeMine-ConsortiaNA) to assess the business and technical potential of the project.
The Moose plan is based on what the project backers describe as a "property-powered rail open market development model," which aims to optimise the return on property investment by providing passenger rail services on a commercial open-market basis to a limited number of so-called "linked localities." This would be achieved without any government subsidy, public debt or taxes.
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