crs1026
Superstar
Could a potential purchase be contingent on these upgrades? I'm not sure how long purchase negotiations would be, but could Metrolinx have offered a certain amount contingent on the track meeting a minimum standard? CN would have to pay whatever small amount they need to make those repairs and in exchange gets a big hunk of cash, saves on taxes, and would still get to use the line.
That would likely be part of the negotiation, but as a general comment - the overall cost to GO or VIA would probably be lower if they bought the line in current state (at lower price) and had the work done themselves after sale.
CN would only be willing to do the work if it were lucrative to them, either in purchase price or as a contracted piece of work. Plus, CN would not want the distraction factor of taking on work for someone else's benefit.... they are focussed on their core business, and any such contracted work is a matter of making them whole for the inconvenience, and not because they are putting themselves out there in the marketplace to do contracted track work.
- Paul




