Smarter Than a Fifth Grader Is Via Rail Canada Pitch

March 12, 2015

For Via Rail Canada Inc. Chief Executive Officer Yves Desjardins-Siciliano, the biggest challenge facing the country’s passenger rail service can be explained with a grade-five math question.

Two trains — one passenger, one freight — are moving in the same direction on the same track; the passenger train is cruising at 110 miles an hour, the freight train plodding along at 40 miles an hour.

“If they’re 100 miles apart, when will they catch up?” …For Desjardins-Siciliano, the answer is too soon and too often…

Desjardins-Siciliano, 58, who took over as CEO in May after more than four years as chief legal officer, is holding informal discussions with investors and bankers to gauge interest in a C$3 billion ($2.4 billion) dedicated passenger track…

Read the rest of the story on Bloomberg Business, 11 March 2015.

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