Clean Technologies

At a glance

  • 1,000 organizations specializing in clean technologies, including 450 companies and 200 public research groups
  • 11 universities offering specialized programs
  • Recognized leaders: SNC-Lavalin, Dessau-Soprin, CIMA+, Genivar, Tecsult, BRP

In addition to the vastness and wealth of the land, companies specializing in clean technologies benefit from an environment suitable for innovation in Greater Montréal. The Québec government’s announcement, in its 2013-2014 budget, of a $200-million fund for the electrification of transportation and the development of green technologies shows how much it values this sector.

Québec’s assets

According to Shawn Lesser, co-founder of the Watershed Capital Group and the Global Cleantech Cluster Association, Québec has everything to become a true leader in clean technologies:

  • A vast land with an abundance of natural resources
  • Strong leadership in the fight against climate change: Québec is a member of the Western Climate Initiative and Greater Montréal is counting on there being a marketplace where contracts on atmospheric pollutants and greenhouse gas emissions are traded: the Montréal Climate Exchange.
  • Mobilized players within a cluster: Écotech Québec
  • The most dynamic R&D in Canada
  • A solid and growing core of 400 innovative companies
  • Clean and green energy choices
  •  Concrete initiatives to support sustainable mobility
  • A community of investors (venture capital, start-up and development funds)
  • A diversified economy with an international perspective
  • A solid training system

Source: Écotech Québec

Top Five Reasons To Choose Greater Montréal

1. Numerous and diversified fields of expertise that show Montréal’s leadership in the field:

  • Energy efficiency
  • Water management: Drinking water and wastewater, both municipal (in particular for isolated dwellings) and industrial
  • Waste management: Sorting and handling equipment, processing, collection and recycling
  • Green chemistry
  • Treatment of soil and groundwater, remediation of contaminated sites
  • Treatment of the ambient air and atmospheric emissions
  • Technologies for reducing greenhouse gas emissions
  • Equipment for the measurement and control of effluent
  • Sustainable mobility
  • Life cycle assessment

2. A pool of labour that is adequately trained for the sector’s specific characteristics

With 170,000 students enrolled in universities – including 20,000 foreign students – Greater Montréal is the leader in terms of the number of university graduates each year. Several universities offer specialized programs related to clean technologies, engineering and management:

Greater Montréal also has numerous technical and vocational training programs related to green technologies.

3. A dynamic research community, centered on government and institutional organizations equipped with high-tech infrastructures:

4. Attractive tax and financial incentives, proof of the sector’s strategic importance for the Québec and federal governments:

  • Tax Credit for Scientific Research and Experimental Development
  • Financial assistance for job creation and training
  • ESSOR fund for major projects
  • Tax holiday for foreign researchers and experts
  • SD Tech FundMC from Sustainable Development Technology Canada (SDTC)
  • Tax credit for the acquisition of manufacturing and processing equipment

In addition, clean technology companies in Greater Montréal have access to venture capital funds that target the sector, including Cycle Capital Management and Teralys Capital.

5. Competitive operating costs:

The combined effect of incentives and the low cost of labour, office and industrial space as well as electricity make Greater Montréal an ideal location for setting up a company in the clean technologies sector.

According to KPMG (2013), Metropolitan Montréal ranks first among the 20 largest cities in North America in terms of competitive operating costs. The cost-benefit is more than 10% for all sectors combined compared to the average for the other 19 major cities. Note that Greater Montréal also has highly competitive operating costs for manufacturers of advanced batteries designed for electric vehicles.

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