News

La Caisse is very pleased to have concluded an agreement with the Government of Québec on the main terms and conditions of the government’s participation in the Réseau électrique métropolitain (REM) project. With a $1.28-billion commitment representing 24.5% of the total equity, the government becomes a minority shareholder in the project and, as such, will earn returns on its investment.

CDPQ Infra, a subsidiary of Caisse de dépôt et placement du Québec, announced today a partnership with the Union des producteurs agricoles du Québec (UPA) and the Communauté métropolitaine de Montréal (CMM). This partnership will enable the creation of an agricultural land trust and, eventually, a metropolitan agricultural park, to promote the use of agricultural land and its activities, thereby helping to limit urban sprawl around the Réseau électrique métropolitain’s (REM) future South Shore terminal station.

Following the announcement of the consortia that qualified for the calls for tenders of the Réseau électrique métropolitain project (REM), la Caisse today outlines the process that will lead to the selection of the winning bidders, and the measures put in place to protect confidential information.

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. 

CDPQ Infra has reviewed the BAPE (Bureau d’audiences publiques sur l’environnement) report on the REM (Réseau électrique métropolitain) project, made public on January 20, 2017. The review board’s report follows hearings held in August and September, 2016.

CDPQ Infra announced today a series of partnership that will allow future REM users to access stations through diverse and complementary means of transportation, thereby offering concrete and viable alternatives to single-passenger car use. Inspired by the MaaS (Mobility as a Service) movement, the integrated mobility options to be implemented around REM stations will include active transportation (BIXI, bicycle), car-sharing and carpooling services (car2go and Netlift), and electric taxis (Téo Taxi). Tailored to the needs of users and the context of each station, these new services will be added to the public transit networks currently being optimized and will result in easier and more enjoyable commutes in the Greater Montréal area.