dowlingm
Senior Member
my recollection of the Kingston Sub expansion (CN-VIA) was that the 3rd track was CN property. What access rights/slots were granted in exchange for that property, I don’t know.Where I have some sympathy with a need for change is - what happens to the accounting when government makes capital investment in the railway? If Ottawa or a province adds a third track to a line, does this become a gift to the railway and whose books does the investment sit on? Does the passenger side then have to deliver a return to the railway on that capital investment?
In some cases the result could be an accounting nightmare, especially if carried to too granular a level - hey, those are our track spikes - but there are cases where the railway derives a material benefit from a passenger enhancement.... the best example being the removal of single track sections from the Halton Sub during the 2007-2009 upgrade that added a third track to Mount Pleasant. That double tracking eliminated a huge amount of standing meets between freight trains irrespective of passenger movements, I wonder how that factored into past and present negotiations..
Accounting of all this is a mystery to me, but as various projects add new trackage to shared use lines, there ought to be appropriate reccognition that some of the asset has been contributed by the taxpayer. And government ought to retain a portfolio of these assets rather than folding these into the railways' asset base. At minimum, these agreements need to be discoverable - the ability of the railways to hide behind secret agreements is inappropriate - making that change would hardly trigger a successful court challenge.
- Paul
This unfortunately seems to be a common situation with grant aided projects of this sort, unless the government wishes to buy the corridor entirely (Metrolinx Newmarket Sub) or divide the ROW property so that state rails sit on state land (CSX-Virginia - but that is predicated on a wide enough ROW to split)