Invest in Canada: more power behind Greater Montréal
Montréal International (MI) is pleased with the appointment of Montrealer Mitch Garber, who until today was an MI director, and Ian McKay, former CEO of Vancouver Economic Commission, to the respective key positions of Board Chair and CEO of Invest in Canada, the new federal agency tasked with attracting foreign investment to Canada.
“The creation of Invest in Canada, as well as the appointment of Mr. Garber and Mr. McKay will not only help us be more effective on the international scene, but also enhance the strategic role that major cities play in attracting foreign investment,” said Hubert Bolduc, President and CEO of Montréal International. “Invest in Canada’s endeavours will complement those of economic development agencies, such as Montréal International, to make Canadian cities very appealing to foreign companies.”
It is worth noting that MI achieved records results in 2017; it provided support to 49 foreign companies when they were locating or expanding in Greater Montréal. These investments of $2.025 billion, which account for 15% of Québec’s GDP growth in 2017, resulted in 5,233 jobs to be created or maintained in the region.
About Montréal International
Established in 1996, Montréal International is a non-profit organisation funded by the private sector, the governments of Canada and Québec, the Communauté métropolitaine de Montréal and the City of Montréal. Its mission is to attract foreign investment, international organisations and skilled talent to Greater Montréal by providing assistance services tailored to their needs.