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Originally Posted by GoTrans
I agree with you here. Either they are going to have to purchase land to create their own ROW or sign an exclusive long term lease ( ie: 99 yr ) with CP to use their ROW but build their own track on the leased land.
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This is a feasible strategy if you plan to operate frequent trains over an alignment which only shares tracks with CP's transcontinental main route for a small fraction of its route, like the segment between Calgary and YYC Airport (where trains operating every 20 minutes would only share 2 out of the 17 km with CN's transcontinental traffic) or HFR (which would share tracks in the same way for a similar fraction of its total route). However, if the $4.5 million CN charged VIA for adding a track along its Kingston Sub (which I dare to say runs through much less challenging terrain than the Rockies) is any indication, then adding a dedicated track over the 130 km between Calgary and Banff can easily exhaust the total budget of $600 million - and that is before buying any rolling stock or building a single station, siding, maintenance facility, let alone: constructing the airport branch.
Therefore, for "up to eight trains per day" (and much less of that outside the summer season), I would never consider building dedicated tracks, unless I wanted to make sure that it will never get built...
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Any other way will result in on time performance degradation due to control of traffic by CP. Even if CP were a part owner, they would still give their trains preference.
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You don't seem to comprehend the difference between commuter and intercity travel (where speed matters most) and leisure travel (where it matters much less): If you can comfortably do it in 2h10-2h20 (the scheduled travel time of the Canadian prior to the 1990 cuts) without freight traffic, then just advertise it for 3 hours and nobody will mind waiting for freight trains. The same goes for the frequency: 2 trains per day (one in the morning, one in the afternoon) will be sufficient at the beginning. And if demand really warrants more than what can be achieved on CPs tracks, then just keep accumulating the profits until you can pay for your dedicated infrastructure...!