crs1026
Superstar
Going out on the limb, no one over 20 on this board will see the missing link in their life time.
Unless CN & CP work together on a joint line or one buys the other, Metrolinx is going to have to build 1-2-3 extra tracks in those corridor to get RER to work on their dime.
The problem with the missing link is - we can't wait the 5-7 years it will take to build it (longer, if the NIMBY's mount court challenges) to begin the upgraded services to Kitchener and Cambridge. So, as you say, ML will spend the money to add the tracks so that RER and freight will coexist. That removes any short term incentive to build the bypass.
Neither CN or CP should be paying the bill since CP has own their corridor since 1880's while CN since 1920's.
We should not be expecting the railways to invest their own capital or sacrifice the quality of their own operations to support passenger. Capital investment for passenger rail, and any operating subsidy, has to come from the public purse.
I'm not so sure the current system is fair and transparent in keeping these things in balance. I would be happier if the contracts between GO and the railways were public documents, and the accounting subject to regulatory oversight. One senses that the railways have the upper hand in setting the prices. GO's capital projects appear to include improvements that the freight railways arguably ought to pay for. I'm not sorry to see GO paying a premium to incent the railways to cooperate - whatever that premium might be, we just need to know how much it is and be sure the railways give it due weight.
Of course, regulatory oversight hasn't brought us cheap electricity, for instance, so maybe my faith in regulation is a bit naive.
- Paul