Trudeau to commit $1.28 billion toward major Montreal transit project
OTTAWA — Prime Minister Justin Trudeau will announce a $1.28-billion commitment Thursday toward a major Montreal rail project that will connect the city to its suburbs and to its international airport, sources say.
Trudeau will make the transit announcement at the city’s central station where he will be joined by Quebec Premier Philippe Couillard, Montreal Mayor Denis Coderre and Michael Sabia, the head of the province’s public pension fund manager.
A federal source told The Canadian Press that while the dollar amount behind the commitment will be firm, there are a couple of possibilities when it comes to how it will ultimately roll out.
The investment will either come in the form of a grant-type investment via Ottawa’s infrastructure-funding agreement with Quebec or possibly through the Trudeau government’s proposed infrastructure bank.