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Montreal's economy is the second largest of all cities in Canada [1] and the first in Quebec. [2] Montreal is a centre of commerce, industry, technology, culture, finance, and world affairs. In 2022, Metropolitan Montreal was responsible for $233 Billion CDN of Quebec's $425 Billion CDN GDP, [3] with a population of 4.37 million people. [4]
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Montreal attracted 1,770,939 international overnight visitors in 2010, [2] most of them from the United States, France, the United Kingdom, Germany, Mexico and Japan. [3] 82,740 direct jobs and 48,199 indirect jobs in Montreal were generated by the tourism industry in 2014. [2] Crescent Street in Downtown Montreal is popular among tourists ...
On June 4, 2010, following the unsuccessful attempts to find a buyer to take over the plant, Shell Canada announced its plans to move forward to downgrade the refinery into a terminal. [3] The conversion commenced in September 2010, with it permanently ceasing operations as a refinery in October 2010. Approximately 800 jobs were lost. [4]
The Quartier des spectacles hosts nearly 8,500 jobs linked to cultural activities, from education and creation to production, exhibition and broadcasting. The area is now home to many of Montreal's major festivals, including the Montreal International Jazz Festival, the Francofolies and the Just for Laughs comedy fest. Urban design features of ...
It was estimated that the Montreal market should lose almost 55,000 jobs in 2020, with an unemployment rate of up to 8.9% (compared to 5.7% last year). [67] On May 7, Montreal deployed the Fonds de développement de l'économie sociale (FDES) program, which offers grants of up to $50,000 for "startup, growth or consolidation projects." [68]