{"id":85444,"date":"2017-07-13T12:43:32","date_gmt":"2017-07-13T16:43:32","guid":{"rendered":"https:\/\/techvibes.com\/?p=85444"},"modified":"2017-07-13T12:43:32","modified_gmt":"2017-07-13T16:43:32","slug":"hype-for-hyperloop-in-canada-half-the-cost-quadruple-the-speed-of-proposed-high-speed-rail-plan","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/hype-for-hyperloop-in-canada-half-the-cost-quadruple-the-speed-of-proposed-high-speed-rail-plan","title":{"rendered":"Hype for Hyperloop in Canada: Half the Cost, Quadruple the Speed of Proposed High-Speed Rail Plan"},"content":{"rendered":"

TransPod, a Toronto startup that is building a hyperloop system to disrupt commercial transportation, released the results of its Initial Order of Magnitude Analysis<\/a>\u00a0this week, a report on the viability of building an ultra-high-speed line in Southwestern Ontario between the cities of Toronto and Windsor with multiple stops in between.<\/p>\n

The study’s key finding is that building a TransPod system will cost half the projected cost of a high-speed rail line along the same route, while more efficient transportation for passengers and cargo at four times the top speed of traditional rail.<\/p>\n

\u201cSouthwestern Ontario accounts for 50 per cent of the province\u2019s GDP, and developing high-speed transportation for the region will absolutely benefit and strengthen its economic growth and global competitiveness,” said Sebastien Gendron, cofounder of TransPod.\u00a0\u201cBut we need to future-proof ourselves, and we can\u2019t continue with outdated technology.”<\/p>\n

The Government of Ontario recently announced an investment of $15 million for an environmental assessment of its plans for an HSR line along the same Toronto-Windsor corridor.<\/p>\n

“Countries like China, Japan, and South Korea have already moved past high-speed rail and begun building much faster trains using magnetic levitation\u2014the age of high-speed rail has come and gone, and the technology will soon be obsolete,” added Gendron. “We strongly urge the Government of Ontario to consider hyperloop feasibility, for its cost efficiency and speed advantages, in its next assessment.\u201d<\/p>\n