1. THE CANADA LINE Project Backgrounder

2. Project Context The Canada Line
Waterfront
Vancouver City Centre
Yaletown/ Roundhouse
Olympic Village
Broadway/City Hall
King Edward
Oakridge/41st Avenue
Langara/49th Avenue
Marine Drive
Bridgeport
Aberdeen
Lansdowne
Richmond-Brighouse
Templeton
Sea Is. Centre
YVR Airport
Depot
The Canada Line
An automated light rail rapid transit system linking downtown Vancouver with both Richmond and Vancouver International Airport.
Construction commenced in August of 2005.
Opened on August 17, 2009, 3 months ahead of schedule.

3. Contractual Structure
TransLink
Public Funding – Federal, BC, YVRAA & TransLink
$1.247 billion
$1.9 billion P3 project
(2003 $)
Concession Agreement
Concessionaire – InTransit BC
33.3% SNC
33.3% bcIMC
33.3% CDP
Debt Providers
$657 million
Loan Agreements
Operating Contract
(fixed price with performance incentives and penalties)
Design / Build Contract
(lump sum turnkey contract)
EPC Contractor
SNC-Lavalin
Operating Company
PROTRANS BC

4. System Alignment Bored tunnel
Richmond City Centre
YVR Terminus
Depot
Downtown Vancouver
18.5 km fully automated system
7.6 km elevated
1.8 km at-grade
9.1 km underground
16 stations (6 elevated, 2 at-grade, 8 underground)
3 water crossings (2 bridges, 1 tunnel)
Bored tunnel
Cut & cover tunnel, stacked configuration
Cut & cover tunnel, side by side conf.
At-grade section on airport lands
Elevated in Richmond, on airport lands and in Vancouver to 63rd Ave.

5. Project Partner Background
InTransit BC
InTransit BC (ITBC) is a joint venture company equally owned by SNC-Lavalin (SNC), the Caisse de Dépôt et Placement du Québec (CDPQ), and the British Columbia Investment Management Corporation (bcIMC)
To finance its capital contribution to the Canada Line project for a total amount of $720 million, ITBC raised equity from its three shareholders, arranged a debt financing secured over a 28-year term from its lenders
ITBC also manages Canada Line’s ancillary activities, which encompass advertising, wireless networks, newspaper distribution, fibre optics, retail and a public art program
InTransit BC was the 2009 recipient of the Gold Award for Infrastructure from the Canadian Council for Public-Private Partnerships

6. Project Partner Background
South Coast British Columbia Transportation Authority (TransLink)
Metro Vancouver’s regional transportation authority
It is responsible for regional transit, cycling and commuting options as well as AirCare and Intelligent Transportation System programs
First North American transportation authority to be responsible for the planning, financing and managing of all public transit in addition to major regional roads and bridges
In 2009, TransLink carried 188 million revenue passengers

7. Project Partner Background
The Vancouver International Airport Authority (YVRAA)
Canada’s gateway to Asia-Pacific
Private, not-for-profit company that operates Vancouver International Airport (YVR).
16.8 million enplaned-deplaned passengers in 2010
2009 reported revenues of $359.1 million.
Approximately 400 employees

8. Project Partner Background
SNC-Lavalin
SNC-Lavalin is one of the leading engineering and construction groups in the world, and a major player in the ownership of infrastructure and in the provision of operations and maintenance services
SNC-Lavalin companies provide engineering, procurement, construction, project management and project financing services to a variety of industry sectors, including agrifood, pharmaceuticals and biotechnology, chemicals and petroleum, environment, heavy construction, mass transit, mining and metallurgy, power and water management
The SNC-Lavalin companies have offices across Canada and in over 35 other countries around the world and are currently working in some 100 countries
EPC Contractor of the Canada Line
PROTRANS BC, a wholly owned SNC-Lavalin subsidiary company, operates the Canada Line under a long term Operating & Maintenance contract with approximately 200 employees