(Under development)
CIB investment in REM network grows to $1.83B with $250M loan for new station
The Réseau express métropolitain (REM) project involves construction of automated light-rail network serving the greater Montreal area.
Fast facts
We are increasing our REM investment to finance the addition of a new station in Griffintown to improve network service and spur urban and economic revitalization.
The REM network is one of the largest automated transit systems in the world.
Benefits of the CIB’s involvement
The REM investment supports development of the largest public transit project undertaken in Quebec in the last 50 years. The main network is open with the airport extension expected to be put into service in 2027 and new stations opened in 2029.
* Number adjusted following 2025 ridership forecast updates.
Learn more
Disclaimer: The Canada Infrastructure Bank (CIB) in its sole and absolute discretion may choose to make available amendments, revisions, modifications or replacements to this website. This page will remain open for further revision, modification, replacement or cancellation by the CIB at any time and in no event shall the CIB be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on the content of this website. Images courtesy of REM.
