RedRocket191
Senior Member
Ah, deficits... 407 anyone?
Ah, deficits... 407 anyone?
but the 407 makes money....meaning that there are future profits to present value to reach a price.
Last I heard (and it was a long time ago).....VIA loses money, needs an annual subsidy so what would you pv to produce a purchase price?
I mean it in a "we're going to regret it later" kind of paradigm.
VIA revenue/expenses ratio is 58.4%. Ridership went up from 3.887 million in 2004 to 4.605 million in 2008
but the 407 makes money....meaning that there are future profits to present value to reach a price.
VIA to be privatized? (at least there will be a study)
http://www.ottawacitizen.com/Rail+considered+auction+block+Documents/1652330/story.html
Interesting. I'd think that this would strictly be on the Toronto-Kitchener section of the line.I'm hearing rumblings on CPTDB that VIA Rail has purchased a set of like-new Budd RDCs for use on the Toronto - Kitchener - London - Sarnia routes. They will run in trains of three cars - two RDCs with a coach in the middle and VIA has acquired enough for 4 trainsets. There's supposed to be an announcement later this year for more departures.
I'm hearing rumblings on CPTDB that VIA Rail has purchased a set of like-new Budd RDCs for use on the Toronto - Kitchener - London - Sarnia routes. They will run in trains of three cars - two RDCs with a coach in the middle and VIA has acquired enough for 4 trainsets. There's supposed to be an announcement later this year for more departures.
Wow these things are hedious: