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.
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