steveintoronto
Superstar
Some good ideas!
The economics of the local overhead demand wouldn't justify this though. It must be remembered that the primary purpose of this project is *relief* on the B-D and Yonge lines. An RER station at (Pape subway station?) and a few locales before travelling under (Queen?) would carry that relief.
The hope is the Canada Investment/Infrastructure Bank. And they will want a cold, hard business case to show an eventual yield on investment of 1.5 : 1. Since the taxpayer will have a roughly 20-25% share (the leverage ratio is guestimated to be 4 : 1, as is the case in other Investment Banks) and so will also realize the same yield on investment. Whether that be through farebox recovery or some other means would remain to be seen. With that taxpayer share ploughed-back in, the GO Transit farebox recovery is almost break-even for operating costs. There are many aspects that investors can explore, not the least increased land value as a result of the transit convenience. Note that Tory expects the taxpayer to fully foot the SSE bill, and the likes of Oxford Properties reap the yield. And yet supporters of SSE scream "Capitalism!" when confronted with an Investment Bank building transit as a viable investment.
Gov't coffers are tapped. And I'm glad in a way. You don't have to be right-of-centre to be concerned about spending like drunken hockey fans, and blowing the budget on limited, finite schemes.
I had considered this, and also one 12 metre tunnel divided into two large quadrants of full rail loading gauge, and two smaller ones stacked between them to carry a DRL type local service. ( https://en.wikipedia.org/wiki/Docklands_Light_Railway)Theoretically, a downtown tunnel build for RER standards, perhaps with 4 tracks instead of 2, could be a more cost-effective solution in the long run than a standard subway. The main advantage would be the ability to hook multiple surface rail lines into that downtown tunnel.
The economics of the local overhead demand wouldn't justify this though. It must be remembered that the primary purpose of this project is *relief* on the B-D and Yonge lines. An RER station at (Pape subway station?) and a few locales before travelling under (Queen?) would carry that relief.
Exactly. They're also working within a dictated mandate from political masters. Their vision has been pretty questionable on a number of projects.Part of the reason Metrolinx studies didn't recommend RER technology for the Relief line is that they were not bold enough in their selection of options.
And again, I have to ask: "What funds"? The Province is starting to say "No". The cupboard is bare, and the Province is already up the wazoo in debt. They're tapped. The Fed present Infrastructure Fund is limited.We probably should just focus on the TTC subway Relief line. That's something comprehensive and sellable for those who control the public funds.
The hope is the Canada Investment/Infrastructure Bank. And they will want a cold, hard business case to show an eventual yield on investment of 1.5 : 1. Since the taxpayer will have a roughly 20-25% share (the leverage ratio is guestimated to be 4 : 1, as is the case in other Investment Banks) and so will also realize the same yield on investment. Whether that be through farebox recovery or some other means would remain to be seen. With that taxpayer share ploughed-back in, the GO Transit farebox recovery is almost break-even for operating costs. There are many aspects that investors can explore, not the least increased land value as a result of the transit convenience. Note that Tory expects the taxpayer to fully foot the SSE bill, and the likes of Oxford Properties reap the yield. And yet supporters of SSE scream "Capitalism!" when confronted with an Investment Bank building transit as a viable investment.
Gov't coffers are tapped. And I'm glad in a way. You don't have to be right-of-centre to be concerned about spending like drunken hockey fans, and blowing the budget on limited, finite schemes.
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