A public transportation project by Caisse de dépôt et placement du Québec
In January 2015, la Caisse proposed a new model for delivering major public infrastructure projects: CDPQ Infra.
Two initial projects have been submitted by the Government of Québec for analysis by CDPQ Infra. The previously studied projects were for two public transportation systems for Greater Montréal: a system linking the South Shore and downtown Montréal, and a system to efficiently access Montréal-Trudeau Airport and Montréal’s West Island.
The solution proposed by CDPQ Infra: the REM, with 67 km of tracks and 26 stations.
Caisse de dépôt et placement du Québec
La Caisse de dépôt et placement du Québec (the Caisse) is a long-term institutional investor with a global presence and net assets of more than $298.5 billion. For over 15 years, the Caisse has been investing in the infrastructure sector. In the REM project, the Caisse is contributing $2.95 billion of the $6.3 billion planned for construction of the network.
CDPQ Infra is a subsidiary of the Caisse de dépôt et placement du Québec created in July 2015. It offers an innovative model for effective, efficient completion of major public infrastructure projects. CDPQ Infra is responsible for the planning, financing, completion and operation of the network.
Réseau express métropolitain project office
For the construction period, CDPQ Infra is setting up a project office dedicated to the REM, staffed by experts in various fields charged with managing project completion. A community relations office being set up at the REM project office will establish continuous dialogue with citizens during the construction period. The team of this office will keep the public informed about the various stages of the construction period, answer questions on issues raised, and ensure regular follow-up with municipalities and citizens.
Infrastructure engineering, procurement and construction (EPC)
- Members: SNC-Lavalin, Dragados Canada Inc., Groupe Aecon Québec Ltée, Pomerleau Inc., EBC Inc.
- Participants (NouvLR Conception): SNC-Lavalin, Aecom Consultants Inc.
- Architecture: Lemay, Bisson Fortin, Perkins + Will, Provencher Roy
Provision of rolling stock and systems and operation and maintenance (RSSOM) contract
Groupe des Partenaires pour la Mobilité des Montréalais (PMM)
- Members: Alstom Transport Canada Inc., SNC-Lavalin
The two selected consortia will harmonize their respective proposals in the next few months to finalize the details of the schedule and begin work in the spring of 2018.
Le Gouvernement du Québec
The Québec government is contributing funds to the REM by investing $1.283 billion in preferred shares in the project. The Québec government also identified the needs for transport infrastructure, and gave CDPQ Infra the green light to plan the REM project.
Government of Canada
The Canadian government is investing $1.283 billion in the REM project.
Hydro-Québec's will contribute to the REM as part of its objective to participate in the electrification of transportation. Its estimated financial contribution of $295 million will cover the fixed equipment needed to electrify the REM.
- Agglomération de Longueuil
- Communauté métropolitaine de Montréal (CMM)
- City of Brossard
- City of Deux-Montagnes
- City of Dollard-des-Ormeaux
- City of Dorval
- Ville de Laval
- City of Montréal and its boroughs
- Town of Mount Royal
- City of Pointe-Claire
- City of Sainte-Anne-de-Bellevue
- Ville de Saint-Eustache
- Town of Kirkland
- Montréal-Trudeau Airport
- Autorité régionale de transport métropolitain (ARTM)
- Infrastructure Canada
- Ministère des Transports, de la Mobilité durable et de l'Électrification des transports (MTMDET)
- Mobilité Montréal
- Réseau de transport de Longueuil (RTL)
- Réseau de transport métropolitain (RTM)
- Société de transport de Montréal (STM)
- Société de transport de Laval (STL)