Montreal infrastructure: $4.5 billion price tag over next three years
MONTREAL – The city of Montreal will spend nearly $4.5 billion over the next three years as it struggles to bring the city’s crumbling infrastructure into the 21st century, Montreal executive committee chairperson Michael Applebaum announced on Thursday.
The unveiling of the city’s three-year capital works program in mid-September is in itself an unprecedented act, the details of Montreal’s big ticket spending usually made public in tandem with those of the annual municipal budget in December.
City officials said the move is being taken to allow the call for contract tenders to be made earlier and allow urgent work to begin this spring.
The biggest share of the budget – $1.4 billion – will be pointed at road and surface infrastructure improvement and repair. A total of $1.3 million will be spent on repairing the city’ antiquated water distribution system, which has been estimated to lose as much as 40 per cent of its capacity because of leakage.