Latest news with #CDPQInfra
Cision Canada
2 days ago
- Business
- Cision Canada
Leadership change at CDPQ Infra in 2026: Jean-Marc Arbaud announces retirement, Daniel Farina appointed President and CEO Français
MONTREAL, Aug. 6, 2025 /CNW/ - La Caisse and CDPQ Infra announce the appointment of Daniel Farina as President and CEO and member on the subsidiary's Board of Directors. Mr. Farina's term will begin on January 1, 2026. He joined CDPQ Infra in 2019 and was appointed General Manager in September 2023. In this role, he continues to be responsible for providing overall leadership for the organization's activities. Jean-Marc Arbaud will step down from his position on December 31, 2025, as he enters retirement after leading the organization for ten years. He will join CDPQ Infra's Board of Directors as a non-executive director. Jean-Marc Arbaud's retirement Over the past decade, Jean-Marc Arbaud's leadership and know-how have enabled the foundation and growth of CDPQ Infra into the strong, internationally recognized organization it is today. During his tenure, he oversaw the design, planning and execution of the REM, the longest automated light rail line in the world, delivered at the most competitive cost, developed during an unprecedented historical period. Under his leadership, CDPQ Infra was also tasked with implementing a new tramway project, TramCité, in Québec City, following the submission of the Plan CITÉ report on mobility planning in the region. Additionally, after a global call for tenders, CDPQ Infra, leader of the Cadence group, was selected by the federal authority Alto to ensure the planning and realization of a high-speed rail network between Québec City and Toronto. "I've often said that without Jean-Marc Arbaud, the REM would not exist. Today, I'd like to add that without his vision and tremendous work over the past ten years, CDPQ Infra would not be the reference it is today in planning and delivering major infrastructure projects. I extend my heartfelt thanks to Jean-Marc for his remarkable legacy at La Caisse and for agreeing to remain with us until the end of the year and beyond as a member of our subsidiary's Board of Directors. At the same time, I congratulate Daniel Farina on his appointment as President and CEO of CDPQ Infra and thank him for his commitment to the organization's growth and success in the years to come," said Charles Emond, President and CEO of La Caisse. Appointment of Daniel Farina M. Farina brings over 25 years of experience in managing and structuring major infrastructure projects worldwide. He has played a central role in large-scale transactions in the healthcare and energy sectors, as well as highway and rail transportation. With exceptional international experience, he has held engineering, management, and executive roles on infrastructure projects in Europe, the Middle East, and Latin America. His broad experience has enabled him to lead teams responsible for research, management, contracting and development of various infrastructure projects. Before joining CDPQ Infra in 2019, Mr. Farina worked for the OHLA Group, including as director responsible for the new Centre hospitalier de l'Université de Montréal (CHUM) project. "We are delighted to confirm Daniel Farina's appointment as CDPQ Infra's President and CEO starting in the new year. Since joining the organization, Daniel has proven outstanding leadership, remarkable experience and expertise in managing major projects, and a strong understanding of infrastructure both in Québec and internationally. Since 2023, he has played a decisive role as General Manager, particularly in attracting leading international industry players to Québec. We are pleased to have him lead the organization into a new chapter with the TramCité and Alto high-speed rail projects," stated Emanuel Jaclot, Chair of the Board of CDPQ Infra.
CBC
16-07-2025
- Business
- CBC
Quebec's CAQ government accepts request for $275M to launch 3rd link project
The Coalition Avenir Québec (CAQ) government is releasing $275 million for the third link project between Québec City and Lévis, according to Radio-Canada. Members of Quebec's cabinet accepted Transport Minister Geneviève Guilbault's arguments for releasing the money during their meeting Wedneday, before breaking for the summer. She had requested the funds to launch the project. "This is not new money," said Jonathan Guay, a spokesperson for Guilbault's office, in a statement to Radio-Canada. "The amount has been included in the Quebec Infrastructure Plan [QIP] since 2019." Last month, Guilbault revealed the third link will consist of a tunnel and a bridge, and that her government had chosen a central corridor for the project. She did not reveal the cost of the project. According to a preliminary evaluation prepared by the Transport Ministry and obtained by Radio-Canada, the cost of the third link would land between $5.3 and $9.3 billion depending on the location of the access point in Quebec City. The estimate does not include the cost of certain studies, land acquisition, expropriation or even internal costs. The project has been criticized by Quebec's opposition parties and it's current form goes against a recommendation by CDPQ Infra, a subsidiary of Quebec's pension fund manager. It had instead recommended a $15.5-billion public transit project and several major transport solution for the Quebec City region. Guilbault has expressed wanting to progress the project as much as possible so as to make it "irreversible" by the time Quebec's next general election rolls out in October 2026. WATCH | Guilbault announces new details on transport project: A bridge, a tunnel and a location: Quebec City's 3rd link plan gets clearer, but questions remain 1 month ago Quebec Transport Minister Geneviève Guilbault has confirmed the preliminary route of the third link between Quebec City and Lévis will be a bridge combined with a tunnel on the east side of Quebec City's existing bridges. Guilbault promised that she'll confirm the project's cost and the final layout by the end of 2025. Geotechnical drilling has been carried out, since last week, on both banks of the river to assess the quality and composition of the soil. The work follows a $46 million contract awarded by Quebec in February to American, French, and Canadian engineering firms. Guilbault says she'll provide a new update on the project in the fall.
Cision Canada
05-06-2025
- Business
- Cision Canada
TramCité takes an important step forward with the announcement of the qualified consortia for two major contracts Français
QUEBEC CITY, June 5, 2025 /CNW/ - TramCité reached a milestone today with the unveiling of the qualified consortia for two major contracts as part of the Requests for Expressions of Interest (RFOI) led by CDPQ Infra. RFOIs, an important step in a rigorous procurement process, qualify consortia before collecting their proposals by outlining the required skills, qualifications and experience. The objective is to ensure that the proposals are up to the desired level of expertise. This new development demonstrates the shared commitment of the three partners involved in TramCité – the Government of Québec, the City of Québec and CDPQ Infra – to act quickly but thoroughly to complete this infrastructure project, the largest in the recent history of the Capitale-Nationale. Qualified consortia Qualified consortia will be invited to submit their proposals for civil works and systems contracts. The civil contract includes the excavation of the tunnel under Parliament Hill, construction of buildings, construction and repair of bridges, viaducts and other engineering structures. The systems contract includes railway tracks, traction power systems, as well as electrical, communication and road and railway signalling systems. The consortia will have until the end of the year to complete this step. Here are the selected groups in each category and the companies that compose them: Civil contract POMERLEAU-AECON, comprised of : Pomerleau Grands Projets inc. Groupe Aecon Québec Ltée Engineering subcontractor: AtkinsRéalis, Egis, supported by GroupeA and Bisson Fortin TRAM ALLIANCE, comprised of : Construction Kiewit Cie EBC Inc. Engineering subcontractor : Kiewit Conception, supported by WSP, Artelia, Cima+, and Régis et Richez_Associés Systems contract AECON/NGE, comprised of : Groupe AECON Québec Lté NGE Contractants Inc. Engineering subcontractor: joint venture Ingérop/Hatch et Hitachi COLAS/POMERLEAU/EQUANS, comprised of: Colas Rail Canada inc. Pomerleau Grands projets inc. Equans Transport CM Canada Engineering subcontractor : joint venture Colas Rail/Pomerleau grands projets/Equans, supported by Egis (Egis subcontractor : Cima+) The number of qualified consortia confirms the industry's strong interest and the significant potential that TramCité has for the Québec City Metropolitan Community, both in terms of economic benefits and mobility. "We take great satisfaction in the strong desire of the major players in the industry to contribute to the advancement of TramCité. The enthusiasm for these Requests for Expressions of Interest shows that the sector has confidence in the approach put in place by CDPQ Infra to carry out the project. The selection of qualified consortia was made based on a rigorous, transparent and fair analysis of all bids, in line with global best practices. » - Daniel Farina, Chief Executive Officer of CDPQ Infra The prequalification of the expertise was completed within a timeframe consistent with the rigorous timeline agreed upon by the partners, less than four months after the market information session. Under the co-development approach adopted by CDPQ Infra, the selected consortia will be involved ahead of the implementation phase. This phase will begin in 2027, with commissioning of the tramway planned for 2033. Upstream Operator The French multinational RATP Dev has been selected as the upstream operator to assist CDPQ Infra and the designated operator, the Réseau de transport de la Capitale (RTC), in preventing and resolving various issues related to the future operation and maintenance of the tramway. RATP Dev will draw on its global expertise to support, for example, the selection process for major contracts, the co-development of the final design solution, the implementation phase, interface management and the coaching of the RTC for its future role as network operator. Suppliers selected for preparatory work and independent cost estimation AtkinsRealis and Turner & Townsend Canada have been selected to develop the preparatory work and provide independent cost estimator services, respectively. The work in question includes the diversion of urban technical networks and municipal services on the sections of the future network that are under the responsibility of CDPQ Infra. The cost estimator services will aim, among other things, to determine a target price as provided for in the agreement for the realization of the TramCité project. About CDPQ Infra CDPQ Infra is a wholly owned subsidiary of Caisse de dépôt et placement du Québec (CDPQ), founded in 2015. Our multidisciplinary team acts as the principal contractor for major infrastructure projects, working in collaboration with communities and relevant authorities. A true concentration of technical expertise and financial capacity, we take responsibility for the planning, financing, execution, and operation phases of tomorrow's infrastructure and mobility projects, both in Québec and internationally.
Yahoo
05-06-2025
- Business
- Yahoo
TramCité takes an important step forward with the announcement of the qualified consortia for two major contracts
QUEBEC CITY, June 5, 2025 /CNW/ - TramCité reached a milestone today with the unveiling of the qualified consortia for two major contracts as part of the Requests for Expressions of Interest (RFOI) led by CDPQ Infra. RFOIs, an important step in a rigorous procurement process, qualify consortia before collecting their proposals by outlining the required skills, qualifications and experience. The objective is to ensure that the proposals are up to the desired level of expertise. This new development demonstrates the shared commitment of the three partners involved in TramCité – the Government of Québec, the City of Québec and CDPQ Infra – to act quickly but thoroughly to complete this infrastructure project, the largest in the recent history of the Capitale-Nationale. Qualified consortia Qualified consortia will be invited to submit their proposals for civil works and systems contracts. The civil contract includes the excavation of the tunnel under Parliament Hill, construction of buildings, construction and repair of bridges, viaducts and other engineering structures. The systems contract includes railway tracks, traction power systems, as well as electrical, communication and road and railway signalling systems. The consortia will have until the end of the year to complete this step. Here are the selected groups in each category and the companies that compose them: Civil contract COLLECTIF TRAMe, comprised of : Janin Atlas inc. Engineering subcontractor : consortia Systra Canada/TetraTech, supported by Stantec, EXP, GHD, and STGM, Provencher_Roy POMERLEAU-AECON, comprised of : Pomerleau Grands Projets inc. Groupe Aecon Québec Ltée Engineering subcontractor: AtkinsRéalis, Egis, supported by GroupeA and Bisson Fortin TRAM ALLIANCE, comprised of : Construction Kiewit Cie EBC Inc. Engineering subcontractor : Kiewit Conception, supported by WSP, Artelia, Cima+, and Régis et Richez_Associés Systems contract AECON/NGE, comprised of : Groupe AECON Québec Lté NGE Contractants Inc. Engineering subcontractor: joint venture Ingérop/Hatch et Hitachi COLAS/POMERLEAU/EQUANS, comprised of: Colas Rail Canada inc. Pomerleau Grands projets inc. Equans Transport CM Canada Engineering subcontractor : joint venture Colas Rail/Pomerleau grands projets/Equans, supported by Egis (Egis subcontractor : Cima+) QUEBEC CONNEXION CAPITALE, comprised of : AtkinsRéalis Major Projects Inc Siemens Mobilité Ltée Engineering subcontractor : joint venture AtkinsRéalis/Siemens The number of qualified consortia confirms the industry's strong interest and the significant potential that TramCité has for the Québec City Metropolitan Community, both in terms of economic benefits and mobility. "We take great satisfaction in the strong desire of the major players in the industry to contribute to the advancement of TramCité. The enthusiasm for these Requests for Expressions of Interest shows that the sector has confidence in the approach put in place by CDPQ Infra to carry out the project. The selection of qualified consortia was made based on a rigorous, transparent and fair analysis of all bids, in line with global best practices. » - Daniel Farina, Chief Executive Officer of CDPQ Infra The prequalification of the expertise was completed within a timeframe consistent with the rigorous timeline agreed upon by the partners, less than four months after the market information session. Under the co-development approach adopted by CDPQ Infra, the selected consortia will be involved ahead of the implementation phase. This phase will begin in 2027, with commissioning of the tramway planned for 2033. Upstream Operator The French multinational RATP Dev has been selected as the upstream operator to assist CDPQ Infra and the designated operator, the Réseau de transport de la Capitale (RTC), in preventing and resolving various issues related to the future operation and maintenance of the tramway. RATP Dev will draw on its global expertise to support, for example, the selection process for major contracts, the co-development of the final design solution, the implementation phase, interface management and the coaching of the RTC for its future role as network operator. Suppliers selected for preparatory work and independent cost estimation AtkinsRealis and Turner & Townsend Canada have been selected to develop the preparatory work and provide independent cost estimator services, respectively. The work in question includes the diversion of urban technical networks and municipal services on the sections of the future network that are under the responsibility of CDPQ Infra. The cost estimator services will aim, among other things, to determine a target price as provided for in the agreement for the realization of the TramCité project. About CDPQ Infra CDPQ Infra is a wholly owned subsidiary of Caisse de dépôt et placement du Québec (CDPQ), founded in 2015. Our multidisciplinary team acts as the principal contractor for major infrastructure projects, working in collaboration with communities and relevant authorities. A true concentration of technical expertise and financial capacity, we take responsibility for the planning, financing, execution, and operation phases of tomorrow's infrastructure and mobility projects, both in Québec and internationally. SOURCE CDPQ Infra Inc. View original content to download multimedia:
Montreal Gazette
28-05-2025
- Montreal Gazette
ARTM stops running shuttles during REM operating hours
Effective Monday, the Autorité régionale de transport métropolitain and CDPQ Infra ended the shuttle bus services operating along the REM route during the hours the light-rail network is running. In a statement issued on Saturday, the ARTM said the move follows a recent period of stability and reliable performance by the REM, which has been able to meet user needs effectively. The bus lines, operated by the Société de transport de Montréal and the Réseau de transport de Longueuil, which previously ran along the Samuel-De Champlain Bridge corridor, will no longer be in service during the day on weekdays. Low ridership levels on these shuttles were cited as the primary reason for their discontinuation during the day. The following bus routes will continue operating during hours when the REM is currently closed but would normally operate, from 8:20 p.m. to 1 a.m. on weekdays and 5:30 a.m. to 1 a.m. on weekends: 568, between Gare Centrale and Île-des-Soeurs 720, between Île-des-Soeurs, Panama, Du Quartier and Brossard 721, between Gare Centrale, Du Quartier and Brossard 722, between Gare Centrale and Panama 'In recent weeks, the REM has regained a level of stability and reliability, allowing it to provide the predictability users expect,' CDPQ Infra president and CEO Jean-Marc Arbaud said in the statement. The REM shuttles started after disruptions were caused by record snowfalls in February. Further disruptions after service resumed prompted Quebec Transport Minister Geneviève Guilbault to demand the shuttles keep running even when the REM was in service. The REM will continue operating weekdays only until 8 p.m. until July 4, when the system will shut down entirely for six weeks as part of network-wide testing to prepare for the launch of the Deux-Montagnes and Anse-à-l'Orme branches, scheduled for October. An exception will be made for Grand Prix weekend, June 13 to 15, when the REM will run all day and evening. On Tuesday, REM service was interrupted again for more than 30 minutes during the morning rush hour. A 'technical issue' was cited as the reason. Shuttle buses were deployed. This story was originally published May 5, 2025 at 4:18 PM.
