Montréal, July 5, 2016 ‒ The Board of Trade of Metropolitan Montreal is delighted with the Ottawa-Quebec agreement on infrastructure announced today by the federal and provincial governments regarding projects to repair and maintain public transit infrastructures in the metropolitan area. This agreement is an important step toward implementing critical infrastructure projects for the city.
“The Board of Trade welcomes this agreement that focuses on the importance of public transit as a driver of the city’s economic development,” said Michel Leblanc, President and CEO of the Board of Trade. “Improving public transit assets has become crucial, even urgent. The investments announced today will have a positive impact on public transit ridership, which will help reduce the cost of traffic, currently an estimated $1.8 billion, increase business productivity through better employee mobility and reduce greenhouse gas emissions.”
“The Board of Trade is now awaiting a clear commitment from the governments for the CDPQ’s Réseau électrique métropolitain and extending the blue line to the east,” Michel Leblanc said. “It is important that we decide quickly which projects will be included in phase 2 of the federal program and ensure the funds are disbursed quickly. These two projects are extremely important for the city’s business community.”
About the Board of Trade of Metropolitan Montreal
The Board of Trade of Metropolitan Montreal is made up of over 7,000 members. Its mission is to be the voice of Montréal’s business community and to promote the city’s prosperity. It is involved in key areas of economic development, advocating a philosophy of action based on engagement, credibility, proactivity, collaboration, and innovation. The Board of Trade also offers a range of specialized services to individuals and to businesses of all sizes to support them in their growth at home and abroad.
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Advisor, Media Relations
Board of Trade of Metropolitan Montreal
Phone: 514 871-4000, extension 4042
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