Financial Report 2007

Financial Report 2007 PDF  Document (1 224 K)
 

Stable revenue sources to ensure the future of public transit

In 2007, Standard & Poor’s and DBRS recognized the STM’s solid financial performance and sound management, as well as the commitment of the governments and the Montréal agglomeration to
public transit, by maintaining its credit ratings of A+ and A (high) respectively for the eighth consecutive year. The companies, however, pointed out that investment requirements still represent a challenge for the Société, particularly for infrastructure maintenance and upgrading, which are estimated at more than six billion dollars over the next fifteen years.

The financial involvement of our government partners is thus more essential than ever in order to ensure that the STM’s sound financial situation is maintained and to enable it to significantly improve services for Montréalers. The sum of the initiatives undertaken to date thus offers us a glimpse of very promising results as well as an even more efficient network.

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