Replacing the relays in old telephone switches is a problem because they use so many weirdly specific types of relays - but those systems are only found in museums now. I believe track control uses fairly ordinary DPDT, etc., relay designs.
I understand that way of thinking for a small business computer system. Not for a critical infrastructure. Also if people actually thought about like that we would still be in stone age, like why invent something new or use a new technology? Keep on using rocks to crack nuts and kill animals
The designs for the electrified track switches were made by one company which was sold, re-sold, and then burned down and the designs lost, and there isn't anywhere else to buy them because nowhere else uses such old track design anymore, so not only is Toronto struggling to buy parts to continue electrifying the manual junctions, it's struggling to custom-make enough replacement parts to keep the aging electric switches working faster than they fail.
And they were using trolley poles to connect to the overhead power lines instead of Pantographs until 2017, 50-100 years after everywhere else, which meant a) they couldn't get enough power through them to run air conditioning, and b) they are more likely to fall off the power line and the tram stops and the driver has to get out and reconnect them, and c) their newer trams now have to have custom dual-power connections to go through older parts of the network, and d) the carbon shoes on the trolley poles wear out quicker which means the trams are dirtier and taken out of service for maintenance more often in the wet which is when people want to use trams more.
Also, I happen to be familiar with NotJustBikes, watch regularly. I don't see this as the same kind of problem. What you explained is clearly BROKE. What we're talking about works just fine and migration to newer technology doesn't provide advantages outside easier maintenance. It can't be justifies by costs, either.
They moved a booth or something and the compartment it was stuffed in was missed during the cleanout. The thing was working for at least 20 years and may still be there!
I worked with a client that had a cash disbursement system working on an ancient dBase 16-bit application. They had a very difficult to change process that required multiple transactions because the system couldn't represent the dollar amounts appropriately.
Same reason why MTA in NYC still operates subway using 100 y/o signaling hardware on most of the lines.
In a way, your comment and the responses you get is a perfect allegory to inexperienced vs experienced engineering.