Montreal: REM station at Trudeau Airport receives C$500 million in federal and provincial financing
A series of grants and loans provided by the government of Canada and province of Quebec will provide a total of C$500 million (US$398.5 million) to construct the planned Réseau express métropolitain (REM) station at the Montréal-Trudeau International Airport.
The planned REM network will nearly double Montréals metro network at full build out of its 67 km (41.6 miles) with 26 stations. The light-rail system will be automated with the Trudeau Airport station planned opening in 2024.
Montréal, just like any other big city, should have its own intermodal mass transit network. This station and the rest of the REM roll-out clearly represents the strong links of public transportation system in the greater Montréal region. This is why we believe that a direct access to the passenger terminal through the REM, and therefore the construction of this station, is crucial, said Quebec Minister for Transport and Minister responsible for the Metropolis and the Montréal Region Chantal Rouleau.
The station is estimated to cost approximately C$600 million (US$478.19 million) and will be financed through private and public capital. Transport Canada will contribute C$100 million (US$79.7 million) as part of its commitment outlined in the Fall Economic Statement 2020 to help large airports by investing C$500 million (US$398.5 million) over six years to support airports through safety, security and transit infrastructure investments. ............(more)
https://www.masstransitmag.com/technology/facilities/article/21218895/rem-station-at-trudeau-airport-receives-c500-million-in-federal-and-provincial-financing