The Legault government entrusts the Quebec tramway to the Caisse de dépôt

Faced with an explosion in costs and the unpopularity of the project, François Legault will remove the tramway from the hands of the City of Quebec and will instead entrust it to the Caisse de dépôt. This is the conclusion reached by the Prime Minister on Wednesday evening following a meeting with Mayor Bruno Marchand, according to certain media.

Mr. Marchand initially wanted the City to become project manager of the project, recently estimated at $8.4 billion, and hoped to obtain approval from the provincial government. This “plan B” was imposed last week, after the withdrawal of the consortia expected to build the infrastructure for the route.

More details will follow.

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