Contractor CDPQ Infra (Caisse de Dépôt et Placement du Québec) has promoted Daniel Farina, Sophie Lussier and Philippe Batani to key positions on its management team, effective Sept. 5. According to the company, the move will position it well for the next phases of Montreal’s Réseau express métropolitain (REM) project and for other projects.
Liricon Capital Ltd. and Plenary Americas, a portfolio company of Caisse de dépôt et placement du Québec (CDPQ), have advanced Phase 4, design, of the Calgary Airport – Banff Rail (CABR) project, which is planned to be built within the Canadian Pacific right-of-way but not share operations. CP, which has signed a non-binding MOU (memorandum of understanding) with Liricon/Plenary, told Railway Age that it is supporting the project and is prepared to offer design and engineering assistance, with the requirement that the passenger service have no impact on CP’s main line freight operations.
The number of stations and their associated costs have grown for a proposed 41-mile light rail system in Montréal, Québec.
Canadian pension fund Caisse de Dépôt et Placement du Québec (CDPQ) Infra has reached an agreement with CN to purchase infrastructure for its planned 41.5-mile (67 km) Metropolitan Electric Network (REM) automated metro project in Montreal.
