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by noirbot 785 days ago
That's good to hear! I suppose some of the sale for it is that the tunnel was already done, so the value was very clear. People were already taking that train on a slower version for business/tourism, so there was obvious value to be made expanding it.

Though, somewhat funny to me that it seems like it all got paid for by Canadian pensions?

1 comments

You need an investor that's looking for something that will pay off over a long time period. Big pension funds are a natural fit. And the UK and Canada have a good relationship and a history of rail-related cooperation (e.g. a lot of UK trains are made by Bombardier).