Montreal transit system REM to sell up to $2 billion bonds (opens original article in a new tab)

Montreal's REM transit system plans to sell up to $2 billion in bonds as its project costs have doubled to $9.4 billion since 2015, with full operation expected in 2027.

• REM plans to sell up to $2 billion in bonds for its transit project
• Project costs increased to $9.4 billion as of 2024, double the original 2015 estimate
• Full functionality of the 67-kilometre automated light rail network is scheduled for 2027