Loan to extend the life of the metro

Summary#

On August 25, 2026, the municipal council unanimously adopted a direction for the agglomeration council on August 27. It recommends approving By-law R-228 of the Société de transport de Montréal (STM), which would authorize a loan to finance the third phase of the project to extend the lifespan of the MR-73 metro cars.

The municipal council also recommends approving an amendment to the Capital Program (CP) 2026-2035. The specific content of this amendment is not indicated.

What this means for you#

The loan would be used to finance work related to the lifespan of the MR-73 cars of the STM. The decision presented is a direction from the municipal council; the file does not specify the final decision of the agglomeration council.

No borough, line segment, or specific establishment is indicated. No publicly available information.

Costs#

The by-law would authorize a loan of $22,722,616, including net taxes and financial fees, for a term of 10 years.