Commuter/Regional

La Caisse enters agreement with Quebec government to focus on public transit system projects

La Caisse de dépôt et placement du Québec has entered into an agreement with the Québec government establishing a business model for the execution of major infrastructure projects. The model updates the government’s business practices by entrusting la Caisse with the execution of infrastructure projects, which will speed up their delivery and strengthen Québec’s economic growth. For la Caisse, the deal represents an opportunity to grow Quebecers’ savings by developing and operating assets that will generate commercial returns.

How rail fares in spending bill

The House and Senate’s effort to keep the federal government operating through the end of fiscal year 2015 was revealed late Tuesday in the form of a trillion-dollar-plus spending bill, Consolidated and Further Continuing Appropriations Act of 2015.