The Société de transport de Montréal (STM) carries out some 1.3 million trips per day, for a total of 416.5 million trips in 2013. It employs close to 9 400 people. Its 2014 budget is $1.297 billion, and the replacement value of its assets is estimated at more than $14.5 billion. Over the past several years, the Société’s rigorous management has been recognized, notably by Moody’s, which accorded it a Aa2 credit rating, placing it at the head of the pack of North American transit companies. Among several national and international distinctions, a highlight was the Fédération des Chambres de commerce du Québec’s 2012 Mercuriades prize for Productivity Improvement as well as a second award for Sustainable Development. Furthermore, in 2010 the American Public Transport Association (APTA) recognized the STM as the Outstanding Public Transit Company in North America. The STM provides more than 80% of the trips on public transit in the Montréal region and more than 70% of all those taken in Quebec.
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