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I have wondered about this for quite sometime. A recent trip to europe only made me more aware of it. Why do we, in Montreal, have such large suburban trains? This in comparison to paris for example. here the new bimodal locomotives for the AMT as oposed to this: Pictured above is a Parisian RER train. They run on their own tracks as well as SNCF tracks. They appear to be between a conventional metro and a regular train in size. Meanwhile our AMT trains seem to be regional trains. I wondered why are OUR suburban trains so large and cumbersome, requiring locomotives and what not, while elsewhere they are light and quick. It certainly is not a distance issue, as the parisian RERs run MUCH farther distances than our AMT trains. It does not seem to be a cost issue either. And while i am aware that not all AMT lines are electrified, they very well should be. the whole point of public transport (as i see it) is to move people in a way that reduces congestion and pollution. I use the paris example, but other cities as copenhaggen or london have similar suburban trains to those in paris.
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The owner of Yogen Fruz, Cultures and several other food court stalwarts is adding stand-alone coffee and doughnut shops to its suite of brands. MTY Food Group Inc. said it has entered into a binding agreement to purchase all of privately held Country Style Food Services Holdings Inc. for an undisclosed price. The buy allows MTY to seize "the opportunity to strengthen its position and foothold in the Ontario quick service franchise industry and launches itself as a major player in the coffee and sandwich segment" the company said in a statement. Montreal-based MTY was already on the acquisition trail before it announced the Country Style purchase, but this latest acquisition takes it into new territory. Country Style is one of the biggest coffee and doughnut retailers in Ontario and is a household name in that province, but lags behind market leader Tim Hortons Inc. in number of stores and perceived quality among consumers. It does have significant reach however with 488 outlets, and is just the latest expansion for MTY. MTY acquired Taco Time Canada Inc. from its U.S.-based parent last November for $7.85-million. The deal gave it 117 of the quick service Mexican food restaurants, mostly in Western Canada. A couple months earlier it added 27 Tutti Frutti restaurants, solidifying its base in Quebec. Earlier this year MTY reported a 16% increase in fourth quarter net income to $2.84-million. For its fiscal year ending Nov. 30 of last year, the company earned $9.91-million, an 8% increase over a year earlier. MTY says Country Style's sales were approximately $94-million for the last 12 months, more than a third of the system-wide sales reported by MTY last year. The combined company would still be a shrimp compared with Tim Hortons, which reported sales last year of more than $2-billion and has a market capitalization of $5.9-billion. The chain is so omnipresent throughout much of the country that it has tried to expand in the U.S. with mixed results. While consumer spending has been crimped, fast food companies have been decent stock investments since the fall market crash. Shares of Tim Hortons are breakeven over the last seven months compared to a 26% drop for the S&P/TSX composite index. MTY has also proven itself a solid investment in uncertain times. Over the last seven months, the venture exchange-listed stock has dropped only 3%. http://www.financialpost.com/story.html?id=1492403
