Advertisement Banner

Local News & Insights

Montreal's $6.3B light-rail system will begin construction in April 2018

Written by MKTLIST Blog Team Published On : February 14, 2018 1129
Montreal's $6.3B light-rail system will begin construction in April 2018

The Roseau express metropolitan (REM), which will be the largest transportation network in Greater Montreal will finally break ground in April 2018. 


Caisse de depot et placement du Québec announced it on Thursday morning.  
 
“Today, we confirm the beginning of the construction of the Metropolitan Express Network.?The EMN idea becomes a reality, “said Michael Sabia, President and Chief Executive Officer of the Caisse de depot et placement du Québec,?in a statement. 


“From the launch of the project, less than two years ago, we went to meet the population, municipalities, transport companies, all stakeholders.?We listened to their ideas and suggestions, which allowed us to propose innovative solutions and to continuously improve our project.” 


It is said that it will be partially ready by summer of 2021. However, with the cost of $6.3 billion, the project is already $300 million above the budget. The initial route planned for REM will also be changed. No more underground route from Champlain Bridge to Central Station. 


A consortium consisting of?SNC Lavalin Grands Projects Inc.,?Dragados Canada Inc.,?Groupe Aecon Québec Ltée,?Pomerleau Inc., and?EBC Inc., has been wisely selected to build the system’s infrastructure. 


Subscribe to Our Page MKTLISt for weekly Newsletter

Be the first to Comment

Never Miss Anything Important!

Stay updated with latest property news:
News, Prices, Listings, Brokers, Index, Trends & Articles
We Don’t Like SPAM Either!

Recently Added PropertiesView All

16 Thorndale St. North, Hamilton, Ca
Beds: 6
|
Bath: 2
$ 599,999
26-Oct-2020
$$Caledonia$$ - Fresh Lots - Book Now?? Low Deposit, Hamilton, Ca
Beds: 4
|
Bath: 3
$ 499,000
26-Oct-2020
639 Beach Boulevard, Hamilton, Ca
Beds: 3
|
Bath: 3
$ 1,490,000
26-Oct-2020
24 Hampshire Pl Hamilton, Ontario, Hamilton, Ca
Beds: 5
|
Bath: 4
$ 1,299,900
26-Oct-2020
74 Rifle Range Rd Hamilton, Ontario, Hamilton, Ca
Beds: 6
|
Bath: 2
$ 739,888
26-Oct-2020
Homes For Sale In Kirkendall, Hamilton, Ontario $630,000, Hamilton, Ca
Beds: 2
|
Bath: 2
$ 630,000
25-Oct-2020
Beautiful 20 Acre Farm And House On Pavement Near London, Hamilton, Ca
Beds: 3
|
Bath: 1
$ 799,900
25-Oct-2020
67 Briarwood Cres, Hamilton, Ca
Beds: 3
|
Bath: 2
$ 680,000
25-Oct-2020
237 B Main St W, Hamilton, Ca
Beds: 4
|
Bath: 6
$ 2,798,800
25-Oct-2020
TODAYS HOT DEAL

Never Miss Anything Important!

Stay updated with latest property news:

News, Prices, Listings, Brokers, Index, Trends & Articles

We Don’t Like SPAM Either!
Advertisement Banner
MKT List

Classified Platform For Property

MKTLIST.ca is Canada’s No. 1 real estate platform that has marvelously structured the way property is bought and sold in the country. Find the best place to live your moments!