roger1818
Senior Member
And what would ridership be at the cost of that ticket, given that the government is trying not to subsidize rail travel?
There are plenty of folks who say they'd take the train if it's faster. But they would want a ticket price lower than today. That's not a tenable proposition without substantial subsidies.
A Tokyo-Osaka Shinkansen ticket is about ¥14 000. About CA$ 160. That is one-way. Toronto-Montreal is actually 10% longer. But let's use this as a corollary. How many people would be willing to pay $320 round trip Toronto-Montreal?
This would work out about as well as the Union-Pearson Express. Everybody said they would use an airport train if it was built. They priced it lower than an airport limo ride and included a TTC fare in there. What happened? No ridership and the government had to take tens of millions in losses and cut fares by half. So we should all be skeptical when people say HSR has ridership, if it's built. HFR is a good, lower capital test of commitment. We'll see how much support there is for rail travel and the price sensitivity of riders. Plans can be made from there.
Yup. There is a common myth out there that HSR would be faster than flying and cheaper than driving. With increased speed comes increased costs. I would argue that while for some time is more important than money, for most, money is more important than time.