Quote:
Originally Posted by topfiverecords
Dozens drove a train today, but not to work. Most drove a vehicle to their job driving a train.
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i don't disagree. but i thought we were talking about a rail line to canmore, banff, lake lousie versus the ROI on a highway?
personally i find it hard to beleive that a private investor is willing to kick in $300m for track, which means that another $300m for track, plus who knows how many more $100's of million for other stuff is really out there and they think that $15 per trip is reasonable.
google tells me that 4,000,000 people per year visit banff - how many would you expect to take the train? even if 25% of them did then that is $15,000,000 in revenue per year - how much of that revenue could go to paying off the original $300,000,000?
maybe this investor is hoping that somehow the government will buy this rail line to go along with their pipeline.
also, if the estimated cost is say $1,000,000 what is the real cost? Would be at lest $1.25B for sure, and they would likely buy the rail cars from bombardier, and they would not work, be delivered late so more delays and cost overrruns there.
this is a cool sounding project, and the idea of taking the train to banff for a day of skiing is cool - but would likely not be practical in real life as it would mean driving to the train station, getting on a bus in banff, going to sunshine and then doing it all in reverse on the way home - the trip would likely take more time than just driving there.