CDPQ’s $5 Billion Montreal Rail Project is Delayed Again, Costs Increase

Posted on 10/22/2022

CDPQ Infra is a unit of Caisse de dépôt et placement du Québec (CDPQ). CDPQ Infra is delaying the opening of a light-rail transportation system in Montreal for a third time. The 67 kilometer rail line is known as the Reseau Express Metropolitain (REM). CDPQ Infra launched the project in 2015 and once completed they…

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