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By Sigma Cub (anonymous) | Posted October 30, 2012 at 14:40:46 in reply to Comment 82427
Ontario recently announced plans to divest itself of Ontario Northland. The province's rail expansions have been slow and fitful, and geared to passengers rather than freight.
CN recently sold 40km of track to Metrolinx for $310 million, which perhaps says something about the economics of rail. Or perhaps not so much.
http://www.canadianbusiness.com/article/77130--canadian-national-selling-two-rail-segments-to-metrolinx-for-310-5-million
One unknown in the whole highway-to-rail idea is how it would alter the need to move large volumes of goods between employment and population nodes. It seems to me that the same arguments that could be used to rationalize a highway through the Escarpment could be used to rationalize rail lines through the Escarpment.
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