Very true. Electric locomotives tend to be twice as powerful as diesel locomotives. From what I can tell, diesel passenger locomotives tend to have around 4000hp and electric locomotives tend to have around 8000hp.
Here are the common North American diesel passenger locos:
VIA Rail's GE P42DC: 4200hp
Amtrak's GE P32AC-DM: 3200hp
GO transit's MPI MP40: 4000hp
VIA Rail and Amtrak's EMD F40PH: 3200hp
And here are the three main electric passenger locos in North America:
Amtrak's Bombardier HHP-8: 8000hp
Amtrak's EMD AEM-7: 7000hp, Amtrak is in the process upgraded them to 8000hp
New Jersey Transit's ALP-46: 7100-7500hp. These are commuter locomotives pulling bilevels, so they may be the most relevant to GO transit.
I would like them to eventually run EMUs, but I would be quite happy with running something like a
Siemens Taurus (8600hp) in the meantime.