The Stm's Budget
256 Words2 Pages
The 14th-largest company in Quebec, the Societe de Transport de Montreal has a workforce of more than 9,000 employees, half of whom work directly with customers. It provides approximately 1.2 million trips per day. The STM's budget has increased every year since 2000, when it was 620 million dollars. In 2012, the budget was 1.2 billion dollars. The STM's budget comes from two sources: ticket fares and government funding.
The STM operates the fourth most heavily used urban mass transit system in North America, after the New York City Transit Authority, the Mexico City Metro, and the Toronto Transit Commission.
A key player in passenger land transportation, the STM provides over 80% of public transit trips in the Montreal area and accounts for