On August 3rd, 2010 High Speed Rail Canada reported that the Ontario Teachers’ Pension Plan and Borealis Infrastructure – an arm of Ontario Municipal Employees Retirement System were bidding to buy High Speed One , the British high speed rail line. The line links London to the Channel Tunnel. Yesterday,is was announced that these two pension plans were successful in purchasing High Speed Rail One for between $3-4 billion. See video here that explains the deal. Meanwhile back in Canada, the lack of any vision by the current federal Conservative government for renewing Canada's present embarrassing passenger rail situation leaves little hope for optimism. Consider these six examples to illustrate the debacle relating to the current passenger rail situation in Canada. 1. Passenger trains between Ontario and Quebec ran at higher speeds in 1975 then they do now. 2. Alberta's two largest cities, Edmonton and Calgary have had no passenger rail at all for over 25 years. 3. The averag...