REM project: Financial information note

With new ridership data that includes the three new downtown stations announced on November 25, 2016, CDPQ Infra is issuing a financial information note that presents projections and estimates of the expected costs and revenues of the REM project (Réseau électrique métropolitain). This note is part of the ongoing information process implemented by CDPQ Infra. 

This note presents, among other things:

• data to evaluate, on a comparable basis, the costs of existing transit networks in the metropolitan area, and the REM’s estimated operating and capital costs;
• data allowing for an estimation of the impact of an increase in ridership and public transit service on the ARTM’s total costs, once the REM is in operation; and
• a structure for the reduction of the REM’s revenues per passenger-km in the event that actual ridership exceeds projections by more than 15 percent.

This note is available on the CDPQ Infra website

Experts from CDPQ Infra will be available to answer technical questions from media on this financial information note. Media representatives may contact Jean-Vincent Lacroix at (514) 847-2896 or [email protected].