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Originally Posted by lrt's friend
Is there really enough potential passengers to pay fares to recover even a $1B capital expenditure let alone ongoing operating costs?
I recall reading that when local commuter trains were eliminated running into Union Station in the 1950s and 1960s, commuter trains were often only carrying one or two passengers. Have things changed that much? Back in those days, trains failed to be speed competitive with cars. Will the trains be faster than they were in the post-war era?
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To be speed competitive with cars, you need a massive modernization of the rail network to allow trains to travel at the kind of speeds that would make it an attractive switch.
And if you look around at a Canadian example down the road, GO Transit, and see what kind of money they are spending on their decades long modernization campaign, you quickly realize that $1 billion does not get you very much.
Once you take out the cost of stations, the trains themselves, and other non-rail infrastructure expenditures, Moose might be left with $600 million for improving rail infrastructure. And if the Trillium line and POW are going to be used, then you have $50 million gone for the POW bridge, and probably $100 million easy to allow for commuter trains and LRT to run together (that's assuming the city has already double tracked the Trillium line, and I would guess that the cost of adapting the line to allow for mixed traffic of that nature would be much, much more). That leaves, best case scenario, $450 million to modernize the rest of the 400km, give or take, of network track. That is nothing. That, at best, brings track up to a "usable" standard, and addresses the most severe capacity bottlenecks that will emerge. Modernizing means advanced signalling systems and switches, sidings, new ties to support higher speed trains, welded rail, improved and safer grade crossings, and possible grade separations and double tracking where volume dictates it. $450 million doesn't even come close to modernizing the system to a level that would actually make it competitive with the car. Even a billion in rail infrastructure investments alone might only get you 3 or 4 properly modernized lines.