http://www.cfax1070....ay-July-17-2014
Frank Stanford's comment Thursday July 17, 2014I hope, but I have very little confidence, that all the die hard vocal fans of Esquimalt-Nanaimo rail actually plan to use it, every day, when service starts up again, as it apparently will next spring.The taxpayer will never recover anywhere near what he's investing in this project, in the name of wishful thinking.I am reminded this week of yet another hidden cost...the trans Malahat commuter bus service that B-C Transit has tried so hard to build these past several years.The annual report from Transit yesterday says 86 thousand passengers rode the service last year...up 7.3 per cent from the previous year. They're delighted with that increase...but it's still not breaking even, at 7 dollars a ride. A train, with operating costs many times higher, will charge passengers more, will lose more money than Transit, and will still bleed some portion of business away from the bus. Everybody loses...particularly the taxpayer, who subsidizes both competing operations.........