Depr...errr...Recession? (DEEP RE-ce-SSION)
If there is ever time to make a shift, it is now. Its somewhat frustrating to hear that the auto industry; an industry that refuses to innovate, receive what is essentially a grant from federal and provincial governments. (Let's face it, the way things are going, we're probably never going to get that money back.)
Ontario should be convincing Seimens, Alstom, and of course Bombardier that there is a market for trains in North America and encouraging them to build plants in Ontario.
No doubt that some auto parts manufacturers could be re-tooled to build high speed parts (and buses too). We have one of the world's largest hydroelectric projects and some of the greatest renewable energy and Nuclear potential. And don't forget Hamilton's steelworks.
We have everything we need to build high speed rail and other sustainable infrastructure right here. If Obama's promise for more rail and transit infrastructure and Biden's history of rail advocacy hold true, then there will be no shortage of customers.
Unfortunately, as it's been said many times, there is complete lack of political will in Canada. Harper's a conservative and McGuinty is a pushover. Until we see a change of government at the federal level (at least), I don't see much being done in the way of major investment in rail and local transit infrastructure. Personally, I give it 8 months, just in time for that deferred high speed rail report that was promised to be finished by now to land on Ignatieff's desk.
Aside: was the MTO's job always just highways or am I missing something?