Quote:
Originally Posted by BCPhil
I don't think it is entirely about power, but the economic reality of the situation.
It would literally be cheaper to relocate the promenade and all the businesses on the White Rock Waterfront to another part of the region than to relocate the railway. I bet that all the properties in Crescent Beach don't add up to the cost of moving the railway. It would just be cheaper to buy up all the properties west of the tracks and tell them to go away.
White Rock is proposing a plan that would pretty much upgrade the entire promenade with more park space and features, and that's slated to cost $30 million; moving the tracks, a billion. There is no proportionality to the idea of moving the tracks.
|
Bingo!!!!!
This statement from TC says it all:
"A Canadian Transportation Agency (CTA) representative said that a rail relocation could cost hundreds of millions of dollars or more, and that no applications under the Rail Crossing and Relocation Act have been made since 1987.
Applicants must also meet a financial condition that a relocation or rerouting occurs at
"no net cost" to the railway company."