2024 Budget and 2024-2033 CEP: The STM reduces spending by $85.6 million while maintaining its level of service
Following confirmation of its compensation from the Autorité régionale de transport métropolitain (ARTM), the Société de transport de Montréal (STM) tabled its final budget for 2024 which includes $85.6 million in spending reductions, while maintaining its level of service. These are colossal efforts that will impact the company's ability to maintain the quality of the overall customer experience. This level of effort cannot be sustained over the next few years, without jeopardizing the company's ability to maintain its service offering.
Press release