If you board a Via Rail train, there's a good chance you'll be late to your destination — their on-time performance has almost never been worse. The Crown co...
Wasn’t it originally a huge public undertaking? It was my understanding that the rails and CN began their lives in public ownership before being privatized.
The railways were built privately for the most part, and eventually most of them defaulted on loans and became CN. Which I guess was public for a long time, but competed with a number of private operators still like CP. Via was a heavily subsidized passenger crown corp because nobody could make passenger service profitable.
Wasn’t it originally a huge public undertaking? It was my understanding that the rails and CN began their lives in public ownership before being privatized.
Did I misunderstand things?
The railways were built privately for the most part, and eventually most of them defaulted on loans and became CN. Which I guess was public for a long time, but competed with a number of private operators still like CP. Via was a heavily subsidized passenger crown corp because nobody could make passenger service profitable.