Crazy train 🚆- The Alto high-speed rail project might be dead, DoorDash is making drones now.

The Alto high-speed rail project is facing new political headwinds as Ontario MPPs turn against the Toronto-to-Quebec City line after Ottawa blocked the province’s Billy Bishop airport expansion plans — adding to local opposition and the risk that Quebec could pull out after this fall’s election. Plus, DoorDash is getting into the drone business, winning U.S. regulatory approvals and building its own delivery drones as food delivery companies push deeper into robotics.

And in The Big Picture: The U.S. Federal Reserve holds rates steady despite growing inflation pressure, Ottawa may scrap the streaming levy for Canadian content, and German utility Uniper signs a landmark deal to buy Canadian LNG.

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