Quote:
Originally Posted by 1overcosc
I'm not talking about whether the price competes with existing intercity transit, I'm talking about whether the price is objectively good, and competes with the price of driving your own car. This is the severe flaw to having such an initiative built with private money, is that a private company will charge as much as they can get away with rather than charge a fair & reasonable price.
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A couple of points. Total driving costs are upwards of 35 cents/km, so if someone was driving by themselves the real cost would be more like a minimum of $100 each way, so the HSR would not only likely save money but it would be quicker and it would allow you to get some work done on route. Of course if you have two people in the car that cost would be cut in half, etc. You also have to consider how you’re going to get around after you get to the other city.
http://www.caa.ca/docs/eng/CAA_Driving_Costs_English.pdf
Point two. The $100 figure is more like an average price. The studies didn't try to predict what the fare structures would be, but in practice there will be first class fares and maybe second and third class fares as well. And there will also probably be reduced prices for kids, and maybe weekend specials, and other promotions. I believe the 2008 study found that about 10% of the traffic between the two cities is by air, believe it or not. There is quite a bit of business and government traffic between the two cities and a lot of these people will be traveling by themselves, and they will have the ability to pay a higher fare. First class on the train, with a roomy seat and a table, is probably an even more productive way to travel than by air. With air you have to mess around getting to and from the airports, and through security, while with the HSR you would be travel from city centre to city centre, so you leave your office and take a short hop to the train, then take your seat and get an hour’s worth of work done, and then you arrive in downtown Edmonton. For a lot of business and government people this option would pay for the first class ticket with room to spare. On the other end of the spectrum 3rd class would probably have small seats, no tables, and a vending machine for refreshments, but the tickets would be cheaper. Here’s the updated study btw.
http://vanhorne.info/files/vanhorne/HighSpeedRailUpdateReport.pdf
I don’t think there is much interest in having the government put a lot of money into this, so I think it will have to be mostly privately funded. HSR will probably kill air travel between the two cities, and maybe Red Arrow’s service as well, but Greyhound will probably still be a bit cheaper, even if it does take 2-3 times longer, and some people will probably still choose to pocket the extra money. I think competition from Greyhound and cars will help to keep 3rd class fares down, however.
There are a lot of other possibilities that these studies didn’t get into as well. Freight, for example, wasn’t factored in at all.