Yes, average including pre-fare-cut. Abysmal.So the UPX operating subsidy is apparently $84.10...
The Barrie line has been tendering some station upgrades recently. A single basic pedestrian tunnel under the tracks is over 10% of the price. I imagine a good chunk of that cost is simply the result of trains running overhead during excavation.
Ontario intends to implement a cap-and-trade program, starting January 1, 2017, to limit greenhouse gas emissions in the province. Under this system, businesses will have their own greenhouse gas quota (the “cap”) and will be able to sell any unused portion (the “trade”). As a result of cap-and-trade, based on the current forecast for the price of carbon:
- the pump price of gasoline will increase by 4.3¢ per litre
- the cost of natural gas will increase by 3.3¢ per cubic metre
That seems insane to me, especially as the market they were aiming for was rather upscale (and that for that amount of money you could simply hand out limo vouchers).
$600/hr per train divide by (seating of 2 cars x 2 trips x $6 x 60%) will tell you.It should be noted that the subsidy calculations only included three weeks with the new fare policy. So the reduced fares will have an impact on the subsidy.
Any guesses on if the reduced fares increases ridership enough to decrease the per rider subsidy, or if it just increased the subsidy even more?
$600/hr per train divide by (seating of 2 cars x 2 trips x $6 x 60%) will tell you.
This is ridiculous. I say shut the thing down until we figure out how to better use it, or until Metrolinx demonstates a plan to get that subsidy down to something reasonable. $86 subsidy per passenger! What an incredible waste of money.
The difference is that the UP Express was pitched with the idea that it would break even within a few years. When you set such high expectations, you will be criticized more.I don't even like the UPX, I never supported it, but that blog post by Steve Munro is still irritating to me. I don't understand how someone who claims to be a transit advocate can write such garbage. UPX is bad because it won't "break even". The other GO lines were "drained" of $39 million this past year. Do people actually agree with this?