The operational side, relatively speaking, is going on each year, but that's a function of tens of millions, as opposed to billions. So if you're talking billions for constructing the system and for the land acquisition, which essentially is an asset--you're just exchanging a cash asset for a physical asset, which is retained by the crown--it's not really costing the crown anything. You retain the assets. The part that depreciates is the rolling stock and the stuff that's above the ground. That's really a small piece of the overall pot. And if you're saying Montreal to Toronto for the original study, how many trains do they need? For 12 trains it's going to be something like 10% of the project as a ballpark figure.
On May 26th, 2009. See this statement in context.