Greater Montréal has recently been named a top destination for foreign direct investment (FDI) in fDi Magazine’s American Cities of the Future 2017–2018 rankings. The region placed fifth in the overall Major American Cities category and was ranked fourth for business friendliness, sixth for economic potential and eighth for human capital and lifestyle.
Greater Montréal’s outstanding performance in fDi Magazine’s 2017–2018 rankings shows that our city has what it takes to be recognized as a prime destination for FDI: a dynamic business climate, vibrant high-tech sectors, top-ranked universities and research centres, unmatched quality of life, and a highly skilled, creative and bilingual workforce.
The American Cities of the Future 2017–2018 rankings are part of fDi Magazine’s “Locations of the Future” series designed to identify the most promising destinations around the world for future inward investment. Each region is assessed every two years. fDi Magazine is part of the fDi Intelligence division of the Financial Times. Data for the American Cities of the Future rankings were collected for 422 cities under five categories, including business friendliness, economic potential, cost effectiveness, connectivity, and human capital and lifestyle.
Top third FDI strategy in the Americas
In addition to landing top spots in the rankings, Greater Montréal was also named third for FDI Strategy in the Major City category, ahead of all other Canadian cities. Montréal International, which submitted Greater Montréal’s entry, is very pleased and proud that its work has been acknowledged by such a prestigious publication.
The economic development agency received recognition for the quality and impact of its FDI strategy, which focuses on industry clusters and the city’s comparative advantages. Montréal International will announce its record FDI results at its Annual General Meeting on April 20.