Yeah. That's with Edmonton's suboptimal seating arrangement, and the lack of walkthrough trains that should probably be implemented (see Frankfurt U5).
With better seating and walkthrough trains, ETS would be closer to around 1,300 people per 5 car train compared to the current capacity of around 950 people. The Subway in Edmonton will be able to move just slightly under the TTCs highest capacity line, with no modifications to any stations.
Now imagine you're Calgary. Sinking billions into an underground subway line, but running low floor CAF Urbos trains, with only slightly higher capacity than Edmonton's Valley Line trains.
I think it's stupid, and it will put their subway system at around 60% the capacity of ours, despite being 50-60 years newer.
We complain here about ETS' decision to have at grade crossings, the choices made regarding Valley Line, etc. At least the people running things here know the difference between a tram-like line and a subway.
I do think the Valley Line is going to run into capacity issues shortly, and will need to run exclusively 2 car trains. This can be solved to an extent by increasing frequency, and creative train stacking during extreme peak times. Still, it's currently capable of moving 16,500 sardines per hour at 5 minute headways.