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Actually I believe that the O-Train uses the right-of-way that is still owned by the Canadian Pacific Railway, so they must pay them to use it. Since they built this line on existing track they saved a lot of money doing this; they just needed to add platforms, purchase the trains and do necessary upgrades. The O-Train is also run by OC Transpo, Ottawa's public transit network.
There are plans to actually double track and electrify it, extend it to the airport, as well as the neighbouring city of Gatineau. The City of Ottawa is planning on settling up a light rail network for the entire city, and running it in a tunnel for the city centre. I believe that the current O-Train will become a branch-line of this future network.
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