The Réseau express métropolitain (REM) is a new, 67-km integrated public transit network under construction in the Greater Montreal. The network will feature 26 universally accessible stations and link downtown Montreal, universities, South Shore, West Island, North Shore, and Montreal Trudeau airport through a fully automated electric light rail system. Offering high-frequency service, the REM will be in service seven days per week, 20 hours per day, and will be connected to three main Montreal metro lines. The first trains are expected to start running in 2021 with full service in 2022-2023.
With a budget of approximately US$ 4.7 billion, the REM is the largest public transit project undertaken in Québec in the last fifty years. CDPQ Infra, a subsidiary of global institutional investor Caisse de dépôt et placement du Québec (CDPQ) is responsible for the planning, financing, construction and operating phases of the REM. The CDPQ Infra business model strives to foster the effective execution of major public infrastructure projects and lessen the burden on government by assuming the risk for an efficient and timely delivery. Core to this “Public-Public” investment model is the principle of a genuine partnership between the public investor and government.
Through an exclusive onsite experience, participants will witness firsthand how REM is incorporating and updating century-old infrastructure into the project, aligning with the reconstruction of the US$ 3.1 billion Champlain Bridge, and navigating the economic and social impacts of the project. The site visit will focus on the South Shore branch of the network including a stop at the Lachine Canal construction site, a perspective of the new Champlain Bridge (opening in June 2019), and a stop at the South Short Terminal Station site. Following the site visit, participants will travel to the CDPQ offices for an interactive roundtable dialogue on the drivers, innovations, and broader implications of optimizing existing infrastructure to build for the future.