My thanks to our witnesses. It's wonderful to see all of you again.
Mr. Langford, you'll be happy to know that those upgrades, that facelift at Union Station was part of the public transit capital trust announced in 2008.
Mr. Haynal, you have to be very happy with the investments that have been made over the last couple of budgets—more than $1 billion into VIA Rail for VIA Fast and refurbishment of equipment, which I believe your company is carrying out for VIA Rail. Then, to encourage new purchase, there are the capital cost allowance improvements that we've made with respect to locomotives in Canada. I think we've made a lot of progress on rail in the last couple of years, and I'm proud of the government's record.
I want to go to the Lynx study, which I've read through several times. I think you're on the right path there. There are a couple of things I wanted to mention. First of all, the reason that I think this hasn't happened yet is the staggering up-front costs. I think that's the problem. Governments look at how much money is going to have to be put out initially, and it's scary. It's a lot of money. It's sad that 2009 was going to be the inaugural year of the Lynx train, based on its plan. I think we have to find a way to get the cost down.
I've heard the word “electrification” come up a couple of times. I think that electrification is a wonderful thing. They're looking at electrification on the Lakeshore West line for GO Transit. It's very expensive. What was the additional cost for electrification? If we're looking at a medium-speed train, which is geographically suited to service between Toronto and Montreal, why would we need to electrify? Isn't it about a third of the cost of building the train?