Recent content by darwink

Iirc under the Alberta railway act the province can endow a private railway with the power of expropriation.

If can realize higher prices yeah!

Enmax sold half of the Shepard Energy Centre to shore up its books. I didn't see anyone complaining. Enmax could sell or lease all of its assets and still exist as a hold co. I don't think there is any difference.

Oh, the end airport. the routing is to show how long the flight is to avoid airspace closed to Canada.

The comparison if you think savings and dividends makes sense is whether investing in the TSX or S&P 500 would have provided better returns. Could even benchmark against the utilities index (since price integrates implied future dividends I don't think we need to visualize those on top)

So where to next: Top 50 airports + Australia and New Zealand without flights. Pearl River and Malay, Singapore, Jakarta grouped and coloured.

They’ve made their ‘risk’ money, and now can reduce debt while a utility type player buys the project. The sellers are maintaining a supply and off take arrangement. A pension fund will love it.

It would be more like 8 in Korea, 4 Canada, if we were lucky. At a much higher cost. If we wanted to follow on with a sub every 3 years forever, now that would be a very different conversation. Co-develop the follow on class. I don't think there is an opportunity there.

If it wouldn't delay things by 10 years, sure. But having subs faster is important. Australia built a domestic sub industry, it was very very expensive.

If a common fleet, then maybe? If we went into Valor in a big way, we could get component manufacturing as an offset, much like how Canada makes parts now for every F35. A full tip to tail manufacturing and assembly? Unlikely.

Arctic, we’re going to have to build heated hangars sometime, it may as well be now. At least with real units in production we can request in environment cold soak testing instead of simulations or a cold hangar. I guess Dehavilland could always just build a fleet of Buffalos to renew what...

Those are on the offing too. It is a large deal, a full offset is hard. We can produce the steel for the South Korean subs today. Producing the steel for the German subs--not so much. The auto pitch was an ask for 'think more about offsets, beyond what you have right now'.

That as well.

Special forces are getting blackhawks. The Valor's range and speed is so compelling, I doubt we end up with something else for the rest of the program. A dedicated attack helicopter is on the offing too, backing up a renewal of the tank fleet.