Quote:
Originally Posted by MalcolmTucker
^ I don't really get why that makes sense versus having Caisse bid against other potential concessionaires.
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Other concessionaires which could be...? I don't see any other private companies that could and should be engaged in this, Caisse is by far the biggest investor in Montreal real estate and also owns some infrastructure elsewhere in the world. Read the article.
The same thing is being done with the Crossrail project in London, as well as the number 7 subway line in New York. This was done in Hong Kong too, a city which has one of the most extensive transit networks in the world as of now. So this isn't exactly a new concept...
A study was made by National Bank about the funding of transit infrastructure for Montreal and this was the conclusion. If anything it's great news.