The city council unanimously adopted a bylaw authorizing the City of Montreal to borrow $20,400,000 to finance the acquisition, installation, and maintenance of electric vehicle charging station assets. The bylaw still needs to be approved by the Minister of Municipal Affairs.
The loan will be used to finance electric vehicle charging stations. The specific locations in the city are not specified. No publicly available information.
The bylaw authorizes a loan of $20,400,000. The handling of taxes and repayment terms are not specified. No publicly available information.