Ballast, Ties, Rail

Montreal’s STM proposes three-year, US$2.1 billion capital program

The Société de transport de Montréal (STM) proposed a three-year capital expenditures program (PTI) valued at more than CA$2.8 billion (US$2.1 billion). The plan outlines spending between 2016 – 2018 on those investments needed to upgrade or replace equipment and infrastructure that have or will reach the end of their service life in the next few years.