Réseau électrique métropolitain

A new mode of transportation
a new lifestyle.

Presentation

Once completed, the REM will be the fourth largest automated transportation system in the world after Singapore (82), Dubai (80 km) and Vancouver (68 km). For the metropolitan area, the REM also represents the largest public transportation infrastructure since the Montréal metro, inaugurated in 1966. Combined with existing transportation networks (metro, trains and buses), the REM opens a new era of public transit development in the Greater Montréal area.

The solution proposed by CDPQ Infra will:

  • offer an integrated, efficient and reliable service
  • constitute Québec’s first “public-public” partnership project
  • build a new network of strategic importance for the Montreal metropolitan area and for Québec
  • foster environmentally sustainable transportation

 

Integrated, efficient and reliable service

As a single, integrated transportation network, the REM will offer a number of efficient travel options in the Greater Montréal area. Connections between the new network and existing bus, metro and train systems have also been designed to simplify itineraries.

With frequent and reliable service – 20 hours a day, every day – the REM represents a new paradigm and significant time savings for commuters in the metropolitan region. The decision to use dedicated tracks will allow for quick and uninterrupted travel, and passengers will have Wi-Fi connectivity and access to live status updates.

New stations will be integrated into their urban environment and designed to allow easy access for pedestrians, bicycles, cars and buses. All stations will be covered, climate-controlled, equipped with elevators, and will meet the principles of universal access.

Finally, by choosing the Highway 40 route to the West Island, the project allows for the creation of a dedicated corridor for public transportation, without the need to share tracks with freight trains.

Public-public model

The project aims to reinforce the dynamism of the Montréal economy. It demonstrates the potential of CDPQ Infra’s public-public partnership model. While improving people’s daily lives, the REM will generate stable returns for la Caisse and its clients.

This project is in line with the overall strategy and with the approach to investing in Québec. Every time passengers use their new transit system, they will be helping to secure their future retirement. This virtuous circle serves as a good illustration of the principle underlying the public-public partnership model.

A network of strategic importance for the metropolitan area and for Québec

The new network represents construction costs of approximately $6.04 billion. La Caisse is contributing $2.67 billion to this extensive network. The proposed financial structure also requires investments by the governments of Québec and Canada. In its recent budget, the Government of Québec confirmed an investment of $1.28 billion, the equivalent of $24.5 of the project’s share capital (for more information on the financing sources, click here). On June 15, 2017, the Caisse de dépôt et placement du Québec have received confirmation of a $1.283-billion investment, by the Government of Canada. With this commitment, which meets the needs of CDPQ Infra, the $6.04-billion financing package for the construction of the REM has therefore been finalized. 
 
This network could potentially add more than $3.7 billion to Québec’s GDP over four years. Close to $5 billion in private real estate developments along the route are currently expected. More than 34,000 direct and indirect jobs will be created during the construction phase and more than 1,000 permanent jobs will be created once the REM starts running.
 

Fostering sustainable transportation

The new network will be efficient, accessible and well-connected to existing transit systems, encouraging the use of electric public transportation in five key areas of the metropolitan region.

The REM could thus help reduce GHG emissions by 680,000 tonnes over 25 years of operation and accelerate Québec’s transition to a low-carbon economy. At the same time, this new public transit system could reduce economic losses associated with traffic congestion, currently estimated at $1.4 billion annually in the Greater Montréal area. 

Citizen area

Visit our "Citizen Area" page for more information.

A dedicated email address and phone number

You can reach the CDPQ Infra team by email at questions@cdpqinfra.com or by phone at 514 847-2833. Requests will be handled quickly.

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Documents

2016