Canada: pension fund manager to invest in transport infrastructure

canadaThe Quebec government has announced a plan to have the Caisse de Dépôt et Placement du Québec take over the financing and ownership of infrastructure projects, beginning with public transit. The first two projects will be a light-rail transit system on the new Champlain Bridge in Montreal and the Train de l’Ouest, or West Island train line, to improve commuter train service to the West Island and Montreal’s Trudeau International Airport. The new Champlain Bridge could have a light rail transit system as soon as 2020. The Caisse, which manages public pension plans in Quebec, is aiming to complete the projects by 2020.


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