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I should have clarified that I meant the Georgetown to Kitchener segment, which I believe is Metrolinx owned. Am I mistaken in thinking that?

You are correct that Mx owns the westerly segment as well as Bramalea to Union.

They do not yet own the intervening section roughly Bramalea to Georgetown.

That is what they are acquiring. *

(They are acquiring a portion of the corridor in that segment, in which they will be able to lay 2 dedicated tracks for GO, CN would retain ownership of any other track (likely 2).
 

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