innsertnamehere
Superstar
Aldershot is there because it’s Via trying to serve Hamilton, not Burlington. Hamilton just doesn’t have a train station on the line.
Indeed, VIA consolidated its existing stations at Hamilton, Dundas and Burlington at Aldershot on May 25, 1992.Aldershot is there because it’s Via trying to serve Hamilton, not Burlington. Hamilton just doesn’t have a train station on the line.
Being a CPA, I almost cried reading your post (in a good way)With all of that said, what's the implication here? The only thing which holds VIA's Corridor services in the red is the massive amount of overheads and other non-direct costs it absorbs. The growth path shown between 2014 and 2019 demonstrates that there clearly is a way for VIA to outgrow its non-direct costs by increasing its services further - without the need for massively reducing its travel times at a great expense. All it needs is the infrastructure access and fleet to do so - and these are exactly the gaps which HFR would fill...
Have a good night!
...one of the most central differences between both philosophies is the treatment of overhead and other fixed costs (Financial Accounting seeks to somehow allocate them across the various activities in the least arbitrary way possible, ...)
Typically you'd allocated using a prorated value like ridership and that would provide a strong basis for auditors. However, Via doesn't present segmented information by service in their audited financial statements. The annual report mentions it, but it's a grey zone from an accounting standpoint since it's unaudited (which means that they basically can say whatever they want provided that it's generally in line with what the audited FS say). They can use managerial accounting notions in the MD&A portion of the report if they so choose.That one phrase says a lot. While some fixed costs are easy to allocate to a specific service (ex. costs associated with a station that is used exclusively by corridor trains can be attributed to corridor service), costs that are shared by multiple (or all) services can be more difficult to allocate in a fair way.
Reminding you how many level crossings there are...From the description in the previously video @SaugeenJunction posted, here is another video of it being tested at high speed.
If you read the video description you will realize that it was recorded at the same crossing. The train was traveling back and forth multiple times and filmed from two different camera angles.Reminding you how many level crossings there are...
Technically there are still 7 days remaining in the fall.So, guess they missed the promise for "launching the HFR procurement process" in the Fall.
Does that mean Niagra Falls-bound trains backtracked a bit to serve Dundas on the line?Where was/is Dundas Station?
Typically you'd allocated using a prorated value like ridership and that would provide a strong basis for auditors. However, Via doesn't present segmented information by service in their audited financial statements. The annual report mentions it, but it's a grey zone from an accounting standpoint since it's unaudited (which means that they basically can say whatever they want provided that it's generally in line with what the audited FS say). They can use managerial accounting notions in the MD&A portion of the report if they so choose.
So, guess they missed the promise for "launching the HFR procurement process" in the Fall.
True, but I think that promise was made before the federal election. Is it possible that VIA had to delay it because of the election and while they waited for a new Minister to be sworn in?