18-06-2018 18:45 via montrealgazette.com

Make money? We might not see a penny from REM light rail, Caisse exec says

It’s possible the Caisse de dépôt will make no money — or even lose money — on the REM, says the head of the subsidiary that is forging ahead with the light-rail project.
CDPQ Infra CEO Macky Tall insisted that the Caisse does “not have any guaranteed returns in the construction” of the Réseau express métropolitain.
In an interview Monday, Tall responded to critics who claimed the Caisse would make significant profits at the expense of tax
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