steveintoronto
Superstar
That makes perfect sense if they're really serious about this...which I get the impression that they're not.Piggyback on the VIA procurement and buy a dozen more cars (two four car trainsets, plus spares) that have life expectancy.
But here's an idea, since I see it as inevitable the Cons are going to do things like this P3, if not completely privately: Approach investors, either through the Ont Investor agency (the name eludes me at this instant) or the Cdn Infrastructure Bank to finance exactly what you propose. The sell-on value of the trainsets if the NL concept fails (yet again) will be very high, or flip that over: Get a rolling-stock leasing company (perhaps even Siemens themselves might be interested, Siemens have a massive cash holding) to lease trainsets to ON with an option to buy to test the market for this. Being identical to what VIA orders means that there's a ready, willing and able market for them at VIA if the Northlander (or whatever they call it) fails again.
It would be an excellent way to call the Cons on their own game.
List of rolling-stock leasing companies - Wikipedia
Addendum: Just Googling to find what there is of substance on this. Lots of vapour, and ridiculous amounts of bafflegab and hypocrisy:
Local businesses turn to minister to cut red tape to stimulate job creation
https://www.baytoday.ca/local-news/...ut-red-tape-to-stimulate-job-creation-1081361'There’s a lot of money in the south, and you’re just not sharing in the prosperity in the north. And that’s why we’re having these round tables' Jim Wilson, Minister of Economic Development, Small Business and Trade
Bay Today
Oct 11, 2018 4:25 PM by: Linda Holmes
[...]
Fedeli was asked for an update on the Northlander train. He said there is nothing to share at this time, but it remains a “very active file.”
“One of the comments in there (business round table) was when are we going to see more activity transferring Ontario Northland from MNDM (Ministry of Northern Development and Mines) over to the Ministry of Transportation where it used to be, because it is more of a transportation company now than anything else.”
[...]
Almost the entire article was complete hypocrisy on the part of the Cons...and make no mistake, I believe in Market Forces...but that's a political discussion.
But here's an idea: "Subways For the People My Friends!" Build a subway to replace the Northlander. Ridiculous? You betcha, just as ridiculous as what the Cons are now proposing and not able to deliver.
Last edited: