Canadian Pension Fund Promotes Montreal LRT

Quebec’s leading public-sector pension plan is promoting a proposal for a Cdn $5.5-billion Light Rail Transit system for Montreal to be delivered under its “public-public” partnership model. The Caisse de dépôt et placement du Québec is willing to put up Cdn $3 billion, and needs the federal and provincial governments to invest in the project, although the financial plan “will have a limited impact on Québec’s finances.” The province welcomed the announcement. Private financial partners are also a possibility.


About Bill Reinhardt

Editor of Public Works Financing newsletter
This entry was posted in Take Back Infrastructure. Bookmark the permalink.