Tangential but this is crazy. A cursory search tells me high speed rail cost US $17-21m per km in China and US $25-39m per km in Europe in 2014, according to World Bank.[1]
[1] https://www.worldbank.org/en/news/press-release/2014/07/10/c...
Tangential but this is crazy. A cursory search tells me high speed rail cost US $17-21m per km in China and US $25-39m per km in Europe in 2014, according to World Bank.[1]
[1] https://www.worldbank.org/en/news/press-release/2014/07/10/c...
That said the Ontario cost certainly still feels high.
The ongoing construction of the new broadway extension for Vancouvers skytrain system is even more costly. They are also building around 4 miles, and the estimated cost is 3 billion CAD (https://www.infrastructurebc.com/projects/projects-under-con...).
> "The HSR network reached just under 38,000 km (24,000 mi) in total length by the end of 2020. The HSR building boom continues with the HSR network set to reach 70,000 km (43,000 mi) in 2035."
At that scale, costs per km would be expected to drop off on a steep curve, due to economies of scale, distribution of initial investment costs over more km of rail, etc.
I heard that compensation has been vastly scaled back since a year or two ago, but I don’t know the details.