Transport committee  The reality of it is for every 20 projects that any of our companies hear about, maybe one actually turns into a real project. A large part of what we do is talking to governments, different levels of government, and really trying to filter out which ones have the strong politica

Transport committee  I think there's been a study in Alberta--I haven't seen it--looking at how they're going to integrate the rail stations in Calgary and Edmonton into the downtown cores so that they can move people from the light-rail systems onto the trains. I think there's a study going on now b

Transport committee  What kind of research are you talking about?

Transport committee  In Europe, where the bulk of the market is---

Transport committee  --that's where all the research is.

Transport committee  Let's sort of separate two things here--the overall cost of the project versus the cost of the trains. The trains are really the small part of the package. The trains represent, I would say, maybe 10% of the cost of a project. The big cost is land acquisition and construction, an

Transport committee  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 cas

Transport committee  Are you talking about fully automated driving systems?

Transport committee  Maybe I'll add some more thoughts on that. So you've come up with the long-term vision. You say the long-term vision is to create an integrated rail transportation network, high-speed, that will run in major corridors and then will be extended as demand can be justified. That al

Transport committee  There's a bigger question here in terms of moving people by GO Transit or in AMT out of diesel-driven passenger trains and into electric trains.

Transport committee  Because there you have a huge number more of passenger movements or train movements every day, and if you can move those into electric trains, then you're taking far more commuters off the road. You could probably take maybe 15% of car users out of their cars and put them in trai

Transport committee  Yes.

Transport committee  No, that's just a rough estimate. I've been looking at the GO Transit stuff for a while. You look at the whole direction that Metrolinx is looking at in terms of more ridership on passenger trains. How do you achieve that? You have to have more frequency. You have to electrify in

Transport committee  Maybe Paul has an answer now.

Transport committee  I agree with what the other two companies have said. In essence, you can apportion risks between the private sector and the government in a way that you transfer the risks to the party that can carry them the best, so acquisition of land has to be within the realm of government.