Montreal Mayor Parries Corruption Legacy With Investors: Cities

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Montreal’s fourth mayor in less than two years is trying to rebuild the city’s reputation and infrastructure.

Denis Coderre, 50, is betting the anti-corruption promises that lifted him to office can help attract the cash needed to modernize the 371-year-old metropolis. The city projects requiring at least C$21 billion ($19 billion), four times the annual budget, to update its roads, bridges and sewage systems in the next decade. The mayor spent three days in New York this month pitching investors.