Artificial intelligence

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Greater Montréal, world leader in Artificial intelligence

Canada’s university capital

  • $1 billion+ funding dedicated to university research
  • Best student city in the Americas and 2nd in the world for millennials
  • 11 University Institutions
  • More than 200,000 university students
  • Largest number of university researchers in Canada
  • Two universities ranked among the top 100 educational institutes in the world: McGill University (44) and Université de Montréal (90) according to to the Times Higher Education World University Rankings 2019

A strong ecosystem

  • 107,500 qualified workers in ICT in 5,240 facilities
  • Nearly 11,000 university students in AI and Data related programs
  • Selection of companies leading the AI ecosystem:

Microsoft

« Microsoft is excited to engage with faculties, students and the broader tech community in Montreal, which is becoming a global hub for AI research and innovation. »

Brad Smith, President of Microsoft

Tailor made incentives

  • Scientific and Experimental Development (SR&ED) tax credit program: 15% from the government of Canada, and 14%, refundable, from the government of Québec
  • E-Business Tax Credit (CDAE): covers up to 30%, including 24% refundable, of employee salaries up to $25 000 per job per year
  • Tax holiday for foreign researchers and experts: Five-year Québec income tax exemption

Cost advantage

  • Competitive salaries
  • Most competitive operating costs in North America for an IT Business
  • Low mandatory benefit costs
  • Attractive tax treatment

Sources : Gestion des données sur l’effectif universitaire (GDEU), Analyse KPMG; TechnoMontréal, 2016; Ministère de l’Éducation et de l’Enseignement supérieur, 2016, compilation Montréal International.


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