Aéroports de Montréal in talks with Ottawa for REM station financing

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The ADM is forecasting a 71 per cent drop in passenger visitors in 2020, mentioned spokesperson Anne-Sophie Hamel.

“That drop in passengers goes to have a considerable impression on our funds,” Hamel added. “We estimate we’re going to lose $500 million in anticipated income for the yr.”

Hamel mentioned the price of constructing the airport station is roughly $600 million. She mentioned the ADM is in search of a $500-million mortgage from the federal and provincial governments to finance the mission.

“That’s the price of constructing the station, but additionally connecting the station to the terminal constructing, as a result of it’s going to be constructed 35 metres beneath the airport parking zone.”

Dorval Mayor Edgar Rouleau mentioned he’s assured the airport station might be constructed, however time is of the essence.