City Profile

Montréal is the largest city in the province of Québec, Canada
Population: 4 million

  • Leader in ICT and Aerospace
  • Canada’s international gateway
  • R&D capital of Canada

Key Advantages 

  • Lowest business operating costs in North America
  • Most direct access to the North American and European markets
  • Largest intermodal port in Eastern Canada, access to the Great Lakes and Saint-Lawrence Seaway all year round
  • A highly educated force: Canada’s No. 1 City for university degrees awarded and a world-class academic network including McGill, which figures amongst the world’s top 25 universities
  • Knowledge-based industries such as ICT, Financial services, and Agri-Food
  • First city in North America for international conventions
  • Montréal is located within a 90 minute drive of the United States

Sector Strengths

Excellence in Aerospace

  • In the top 3 aerospace hubs in the world
  • 43,500 jobs in more than 200 private companies covering the industry’s entire value chain
  • More than $12 billion in sales
  • 55% of all Canadian aerospace production and 50% of the Canadian aerospace workforce
  • A financial aid program for strategic aerospace initiatives
  • More

Excellence in Information and Communications Technologies (ICT)

  • More than 93,000 qualified employees in almost 5,000 organizations
  • Lowest ICT business operating costs among North America’s 20 biggest metropolitan areas
  • Greater Montréal has become a world-class hub for video games, special effects and multimedia
  • Targeted and highly competitive financial incentives
  • More

Excellence in Life Sciences and Health technology

  • World class leading cluster in Life sciences with the largest concentration of biotech R&D in Canada
  • 40,000 jobs in 600 organizations, including 150 research organizations
  • Cost advantage of more than 14% for LSHT businesses, compared to competing cities
  • Tax burden for R&D companies that is 2 to 5 times lower than in competing cities
  • More

Excellence in Cleantech

  • 1,000 organizations specializing in clean technologies, including 450 companies and 200 public research groups
  • More than 500 innovative companies: 70% of businesses in this cluster conduct business internationally
  • Favourable business climate: Canada is the 7th most attractive country for Cleantech companies according to the World Wildlife Fund and international research forum Cleantech Group
  • Part of the first Carbon Market in North America with California
  • More

Success stories

Connect with Montréal