Caisse Seeks to Build C$5.5 Billion Montreal Rail Network

  • Pension manager to invest C$3 billion in 67-kilometer line
  • Project depends on contributions from Quebec and Canada

Caisse de Depot et Placement du Quebec, Canada’s second-largest public pension-fund manager, plans to seek permission to build an automated light-rail network in the Montreal area that would require investments of about C$5.5 billion ($4.3 billion).

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