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Montréal International supports program to revitalize Greater Montréal

Ms. Dominique Anglade, President and CEO of Montréal International (MI), welcomes the “Program to revitalize Montréal,” announced by BMO Financial Group and Boston Consulting Group (BCG). This document is drawn from a study of seven metropolises comparable to Montréal, and unveils 10 proposals to attract support from the Montréal community and bolster the region’s position as a centre for wealth creation and growth.

“It’s time to take action to revitalize Greater Montréal”, said Dominique Anglade. “We enthusiastically support this ambitious, bold and unifying initiative and invite all of our partners as well as the business and academic communities to be ambassadors for the region. Together, we can generate a significant impact on Greater Montréal’s economic attractiveness and make it a premier economic centre.”

Several of the report’s recommendations directly concern Montréal International, which acts as a wealth creation engine for Greater Montréal by attracting foreign direct investments, international organizations and strategic talent:

  • Set an economic ambition: start by catching up to similar cities, then move ahead of the pack (proposal 1)
  • Mobilize the business, academic and social communities in partnership with Montréal’s municipal leaders and the Communauté métropolitaine de Montréal (CMM) (proposal 2)
  • Retain, attract and welcome specialized workers from all over the world (proposal 5)
  • Promote a unique identity (proposal 9)

The full report is available at: http://www.bmo.com/ci/files/Creer_un_nouvel_elan_a_Montreal.pdf

About Montréal International (www.montrealinternational.com)

Created in 1996, Montréal International (MI) is the result of a private-public partnership. Its mission is to contribute to the economic development of Greater Montréal and enhance its international status. Its mandates include attracting foreign direct investments, international organizations and international strategic workers as well as promoting the competitive and international environment of Greater Montréal. Montréal International—a non-profit organization—is funded by the private sector, the governments of Canada and Québec, the Communauté métropolitaine de Montréal (Montréal Metropolitan Community) and the City of Montréal.

Since its creation, Montréal International has helped to attract $9.4 billion in foreign direct investments to Greater Montréal. From these investments, more than 49,000 jobs have been created or maintained. To date, MI’s activities have also allowed almost half of some 60 international organizations to establish themselves in the city and attract and retain more than 8,000 international strategic workers.

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