Not against your point but this sounds like abusing taxpayer money though.Mike15 wrote: ↑May 19th, 2017 3:08 pmWynne's in full reelection mode right now, so I'm sure defending Guelph, Kitchener-Centre, and London-North is on her mind. There is a case for the rail though. It'd be linking communities that are already economically integrated with the GTA to the GTA, and maybe even making a Guelph or K-W to Toronto commute realistic, fostering employment opportunities and economic development. This is linking through Pearson not just to take advantage of existing infrastructure, but because with this part of Ontario trying to attract international investment as a tech hub, HSR connection to Canada's busiest airport is extremely important.
1. This govt has no idea how to match HSR capabilities to actually operating needs: I remember seeing Chinese operational results, which I can't seem to find it right now, majority traffic is from small cities along the line into large cities at the end nodes, the through traffic is the least in volume. This is consistent with Tokyo's experience. Alternatively, HSR makes large city grow even larger, contrary to what was believed. Further, Detroit is bankrupt. Basically HSR is cheaper/faster commute than planes.
2. The international investment follows productivity growth, not HSR. Japan has HSR but their innovation and productivity still fail to pick up.
3. No govt is capable of creating a tech hub by intent. It forms by accident. The HSR is going to be used by GTA to draw all resources and further concentrate them. Your VC example is more likely that all tech worker in KW needed to HSR their asses to at least Toronto if not NYC/LA to present their ideas requiring global funding.
If they said something boring such as help reform our aging manufacturing capability I would have bought it. A lot of failed family businesses could at least bail out on the massive fiscal spending, and some local land speculators would gotten rich and trickle down their new wealth. Not against any of that. Again, this should have happened in 2008/2009, or at least 2020 so our downturn would be over sooner.
Hey, I am all for progress. Since they said Windsor not Sault Ste. Marie so I take comfort these elected and unaccountable officials are not complete morons.