I concur; though 16B for Volkwagen at $5,300,000 per projected job should be pretty high risk too.
Which just beggars the question in my mind, if we're going to throw around that type of money, would freight rail not be one that potentially benefits other industries in a way that is as, or more beneficial than one industrial site?
If so (and I'm not pre-judging) then we might consider it, while securing any reasonable passenger rail benefits (preferred, non-delayable slots, higher track speeds etc.) as an add-on
The ports seem obvious; I know we periodically hear than grain can't be picked up and moved fast enough.
When I look both at the circuitous routes at the macro-scale; and then more tightly, both mainlines going through Toronto have connections from the near north are insanely windy, presumably both to avoid building some bridges; but also to deal w/grades that perhaps couldn't be otherwise managed in the 19thC.
Would it be a worthwhile investment to straighten segments or rebuild a near-north to Ottawa connection bypassing Toronto? Again, I don't know; just thought it was worth exploring.