Economic higlights of Laval, Quebec, Canada in 2014

1. 50YEARS
Report on Laval’s Economy in 2014
OF ECONOMIC
SUCCESS

2. Message from the Mayor of Laval and
the Chairman of the Board
3
2014 in Brief 4
Highlights of Laval’s Economy 5
Laval’s 50th
Anniversary 10
Poles and Services in Action 11
At the Heart of the Action in Laval:
Businesses’ Growth
15
Executive Committee and Board of Directors 17
Laval Technopole Team 18
TABLE OF CONTENTS
Produced by LAVAL TECHNOPOLE
Legal deposit
Bibliothèque et Archives nationales du Québec
ISBN 2-921448-95-5

3. MAYOR’S MESSAGE
CHAIRMAN OF
THE BOARD’S MESSAGE
Since its foundation in 1965, Laval has taken up and risen
to incredible challenges that sparked the definition process
of an emerging identity. From the outset, the Laval business
community adopted economic development strategies that
essentially intended to establish a network of high value-
added businesses. This year marks the 50th
anniversary of
the birth of Laval, a milestone that reminds us of the road
travelled since its inception and of our ever-growing pride.
Thus the dawning of a half-century of existence sees Laval
looking back at its global strategic vision, which will enable
us to further develop this vision and make it evolve over the
coming years. We have consulted our citizens, corporate
citizens, organizations, employees and major partners to find
out their perception of various aspects of Laval so we can
look together after our city’s destiny.
Therefore, we propose as of 2015 a concretely applicable
development strategy allowing us to define Laval as a 21st
-
century Quebec, Canadian and international metropolis. A
pleasant city to live in, that meets its citizens’ expectations to
optimize its growth potential, create jobs, attract populations
and businesses in a healthy environment and up-to-date
urban spaces.
2014 started off slowly, leaving behind a year plagued by
a tough and trying worldwide economic context. However,
Laval managed to get out while the going was good, and
posted very commendable results, with investments totalling
$1.2 billion.
In this unfavourable context, Laval focused on its attracting
power and assumed its vocational role to project an image
of an enthusiastic city on the move, promote our assets, and
make the major players in the economic arena stand up, take
notice and question. Thus in 2014, our city welcomed in firms
such as Lumen, Groupe Lessard and ADNM International,
just to name a few. The addition of new companies settling
in Laval’s economic environment indicates that we are on the
right track. Meanwhile, on the international scene, Laval’s
success glittered and several of our businesses stood out;
we only have to think of Show Canada and Laser Quantum
International.
Throughout 2014, I attended several inaugurations and other
events organized by Laval Technopole, and felt great pride
3
Economic development is at the very heart of our priorities.
Against the backdrop of the eradicated Conférence régionale
des élus de Laval (CRÉ) and Centre local de développement
(CLD) de Laval, the city now takes charge of the economic
missions that formerly fell to these entities, by integrating Laval
Technopole’s services into the municipal machinery. We have
enthusiastically responded to the challenge, for we firmly
believe the city can efficiently and effectively co-ordinate
its own economic development. Laval wants to reassure the
business community by supporting business people in order
to fuel economic growth. We have therefore implemented a
general economic development directorate.
from business leaders in being part of a business community
as dynamic as Laval’s. Already, 2015 looks very promising,
because last December, Standard and Poors raised Laval’s
credit rating for the second consecutive year, this time from
AA- to AA; this means that financial circles perceive Laval’s
orientations favourably.
In 2015, Laval Technopole will be integrated into the City of
Laval’s new economic development department, and intends
to keep on performing its leadership role to make Laval an
inspiring, attractive city. This department will continue striving
to attract new businesses and support those already located
in Laval.
I thank my colleagues on the Board of Directors and the Laval
Technopole team for their support.
MARC DEMERS
Mayor of Laval
DAVID DE COTIS
Chairman of the Board

4. 653INDUSTRIAL PROJECTS
33
$1,224,793,711
IN TOTAL INVESTMENTS
303,2M$
IN INVESTMENTS FOR
THE INDUSTRIAL POLE
3 TRADE
MISSIONS
VANCOUVER, LYON,
FRANCE (FUTURALLIA)
POPULATION OF
420,870INHABITANTS
NEW INDUSTRIAL
BUSINESSES
2,392NEW INDUSTRIAL JOBS
4
2014 IN BRIEF
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

5. HIGHLIGHTS
OF THE LAVAL
ECONOMY
2014 saw the return of billion-dollar investment years. In
spite of a persistently unfavourable context, the industrial
sector’s recovery, the Laval economy’s diversification and our
businesses’ dynamism enormously contributed to the upturn
in investments.
The Laval population increased in 2014, inching up from
417,020 to 420,870 inhabitants, and boasts one of the
highest demographic growth rates in Quebec. In fact, Laval
ranks number one among all Quebec regions in terms of
expected population growth (30.7%), followed closely by
Lanaudière (30.6%).
In 2014, the activity and employment rates fell off a little,
standing respectively at 69.9% and 65.7% in the 4th
quarter.
Despite this slight ebb, Laval is still on top of all regions in
Quebec, showing activity and employment rates above the
overall rates for the province.
Meanwhile, the unemployment rate slightly inflated, going
from 5.7% in the 4th
quarter of 2013 to 6.1% in the same
period a year later. This is still lower by 3.8% than the
Montreal rate (9.9%), by 1.5% than the overall Quebec rate
(7.6%), and by 0.6% than the overall Canadian rate (6.7%).
5
SECTORS INVESTMENTS % COMMENTS
Industrial $551,647,001 45% 653 projects
Commercial $77,189,306 6.3% 296 projects
Institutional $177,293,169 14.5% 79 projects
Residential $418,664,235 34.2% 2 556 permits
TOTAL $1,224,793,711 100%
Source: City of Laval — Urban Planning Department
Laval Technopole — Special Compilation
TOTAL INVESTMENTS
City of Laval - 2014
Overall investments, all sectors included, reached a total of
$1,224,793,711. This made 2014 the 11th best year on the
investment front since 1988. It represents a 26% increase in
total investments when compared with 2013.
Industrial investments bounded by 62%, from $340,679,792
in 2013 to $551,647,001 in 2014; the residential sector
also took a shot in the arm, topping $418,664,235, or
34.2% of total investments.
$1.2 BILLION WORTH OF
INVESTMENTS IN 2014
2014A Billionaire Year

6. HIGHLIGHTS
OF THE LAVAL
ECONOMY
(CONT’D)
6
Industrial investments for 2014 totalled $551,647,001. This
represents a 62% gain in comparison with 2013. These latest
investments resulted in creation of 2,392 new jobs. A few
major establishments tremendously fuelled investment in land,
to the tune of a 518% jump over last year. Investments in
machinery and equipment also surged ahead (104%). So
did R&D: indeed, after R&D investments suffered a major
downturn the year before, 2014 demonstrated that the
pharmaceutical industry remains an important investment
channel for the region. In fact, 84% of all R&D brewing in
Laval was carried out by firms in the Biotech City.
In 2014, 33 new projects started up, which amounts to a 14%
increase versus 2013. These new establishments generated
$184 M in investments, exceeding the previous year’s total
by 152% and enabling creation of 719 new jobs.
INDUSTRIAL INVESTMENTS
TYPES OF INVESTMENT INVESTMENTS %
Land $37,527,379 6.8%
Building $134,539,488 24.4%
Machinery and equipment $177,542,952 32.2%
Research and development $191,113,154 34.6%
Training $10,924,028 2%
TOTAL $551,647,001 100%
Source: Laval Technopole – Statistical Survey 2014
BREAKDOWN OF
INDUSTRIAL INVESTMENTS
City of Laval - 2014
PROJECTS INVESTMENTS
Lumen (head office and distribution centre) $100 M
Cosoltec (Industria 440 project) $47 M
Tecnocosmesi $15 M
Source: Laval Technopole — Statistical Survey 2014
MAJOR NEW FACILITIES
City of Laval - 2014
33 NEW INDUSTRIAL
ESTABLISHMENTS
An Excellent Year
for Industrial Investments.
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

7. 7
This year, the Industrial Pole surpassed all other areas from an
investment point of view, more than doubling its stake with a
118% extension in comparison with 2013. The total sum of
industrial investments in 2014 topped $303.2 million, which
not only equals 55% of total investments from all poles, but
PROJECTS INVESTMENTS
Sanofi Canada $32.9 M
GlaxoSmithKline $31.6 M
Vertex Pharmaceuticals (Canada) $21.7 M
Reflet DBM Enterprises $20 M
Montreal Neon Signs $10 M
Groupe Deux Printing $5.5 M
Source: Laval Technopole — Statistical Survey 2014
INDUSTRIAL EXPANSION PROJECTS
City of Laval - 2014
POLES INVESTMENTS % NEW JOBS %
Agropole $12.4 M 2.2% 146 6.1%
Biotech City $180.7 M 32.8% 114 4.8%
e-Pole $24.3 M 4.4% 233 9.7%
Business Services and Head Offices Pole $9.5 M 1.7% 190 8%
Industrial Pole $303.2 M 55% 1,524 63.7%
Leisure and Tourism Pole $21.6 M 3.9% 185 7.7%
TOTAL $551.7 M 100% 2,392 100%
Source: Laval Technopole — Statistical Survey 2014
BREAKDOWN OF INVESTMENTS AND NEW JOBS BY POLE
City of Laval - 2014
For several years, results have shown that a large proportion
of industrial investments originates from local businesses’
expansion. In 2014, 620 projects generated investments
totalling $367.4 M and will enable creation of 1,673 new
jobs.
LOCAL BUSINESS EXPANSION
161 subsidiaries of foreign companies operate in Laval,
including several Canadian or North American head offices.
These firms’ investments made in 2014 reached a total of
$135.2 million and created 378 new jobs. 71.5% of these
international investments concerned research and development,
and then especially in life sciences.
FOREIGN INVESTMENTS:
AN IMPORTANT PART OF
LAVAL’S ECONOMY
THE INDUSTRIAL POLE LEADS THE INVESTMENT WAY IN 2014
also is close to double the Industrial Pole’s average investments
over the past 10 years. This sudden boost is due, in particular,
to two recent major projects: Lumen and Industria 440. With
respect to employment, the number of jobs rose by 59%, from
957 in 2013 to 1,524 in 2014.

8. HIGHLIGHTS
OF THE LAVAL
ECONOMY
(CONT’D)
8
In 2014, within the overall municipal and private industrial
park picture, six new site projects started up, and initiated
development of 199,310 square metres of industrial land.
They will generate investments of around $178 M and enable
creation of 425 new jobs.
1,331 construction permits for new housing units, including
condominiums, were issued in 2014, in comparison to 1,514
in 2013, which represents a 12.1% fallback. However, the total
value of new residential construction permits in 2014 attained
$364.5 M, a slight gain from $362.4 M in 2013.
The reverse occurred for renovation permits: their numbers grew,
but their dollar value dropped. Indeed, their total value fell off by
37%, shrinking from $298 M in 2013 to $187.7 M in 2014,
while the number of permits delivered progressed by 21%, from
2,021 to 2,444 for the same period.
INDUSTRIAL PARKS:
A DIVERSIFIED
ACCOMMODATION CAPACITY
RESIDENTIAL SECTOR
PARKS COMPANIES SQUARE
METRES
INVESTMENTS
Industria 440 Lumen 89,250 $100 M
Industria 440 Cosoltec 55,891 $47 M
Montoni
Laval VIII
Corporate Centre
Tecnocosmesi 21,128 $15 M
Montoni
Laval VIII
Corporate Centre
Montreal
Neon Signs
19,045 $10 M
Montoni
Laval III
Corporate Centre
Groupe 2
Printing
9,289 $5.5 M
Source: Laval Technopole — Special Compilation 2014
SECTORS NEW PERMITS IMPROVEMENTS TOTAL
Residential $364,527,214 $54,137,021 $418,664,235
Commercial $20,041,277 $59,133,780 $79,175,057
Industrial $47,975,000 $21,718,169 $69,693,169
Institutional $15,304,200 $52,706,553 $68,010,753
TOTAL $447,847,691 $187,695,523 $635,543,214
Source: City of Laval — Urban Planning Department, January, 2015
PRIMARY INVESTMENTS
Municipal and Private Industrial Parks
DECLARED VALUES OF
CONSTRUCTION PERMITS DELIVERED
City of Laval - 2014
Over 10 million
square metres of land developed
since 50 years ago.
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

9. 9
In the wake of the turbulence observed in the retailing trade,
investments in the commercial sector waned by about 10.5%
from $86.2 M in 2013 to $77.2 M in 2014.
Investments in this sector attained $177.3 M for 2014, a
hefty 68% increase over the previous year. The number of
projects rose in a similar proportion, from 49 to 79. These 79
projects account for 14.5% of total investments made.
THE COMMERCIAL SECTOR
A SOLID YEAR FOR
THE INSTITUTIONAL SECTORPROJECTS INVESTMENTS
Carrefour Laval
(retail and office space layout work,
shopping centre expansion)
$12.2 M
Sun Life Financial
(construction of an office tower at
3111 St. Martin Blvd West)
$7 M
Durocher automobile dealership
(relocation to 2160 Dagenais Blvd West)
$7 M
Harley Davidson Prémont
(major renovation, 4501 Autoroute 440)
$5 M
Centre Laval
(renovation, layout work)
$5 M
Curé Labelle Centre management
(construction of a commercial building at
2458 Curé Labelle Blvd)
$3 M
Source: Laval Technopole — Statistical Survey 2014
City of Laval — Construction Permits 2014 and Urban Planning Department
PROJECTS INVESTMENTS
Cité de la santé de Laval $9.1 M
Villa Sainte-Rose $9 M
Commission scolaire de Laval
(Jean-Lemonde school expansion)
$8.3 M
Commission scolaire de Laval
(expansion of the Centre de formation
professionnelle polymécanique)
$2.2 M
University of Montreal
(renovation work)
$1.9 M
Montmorency College (various work) $1.5 M
Le Pilier Foundation
(expansion and retrofit)
$1.5 M
Source: City of Laval — Construction Permits 2014 and Urban Planning Department
PRIMARY INVESTMENTS
PRIMARY INVESTMENTS
Place Bell, A Project Worth
$200 M

10. LAVAL’S 50TH
ANNIVERSARY
Since its birth in 1965, Laval has become one of the most
important focal points in the Quebec economy.
It has evolved into a modern, dynamic, ecologically committed
city, offering its citizens a high-quality, welcoming environment
that promotes development of up-to-date, leading-edge firms.
From day one, Laval has devised and implemented strategic
plans to carry out its industrial, institutional, commercial and
residential development. Through the line of administrations
that have governed the city, the industrial policies that they
adopted have enabled Laval to host a very broad variety of
businesses.
This required creation of a planned accommodation capacity
through implementation of new municipal and private
industrial parks. There were only two at foundation time in
1965; 50 years later, they have come to number a dozen.
The urban organization and the establishment of a strategic
consensus with the major players and stakeholders of Laval’s
economy explain the vivacity of Laval’s commercial and
industrial community.
As its development strategy unfolded, the life sciences sector
quickly took on its full significance and blossomed through the
major partnership between the Armand-Frappier institute and
the City of Laval, which led to creation of the Laval Science
and High Technology park in 1989, and the advent of the
Centre québécois d’innovation en biotechnologie (CQIB) in
1995. The pharmaceutical industry, its presence already felt
in the fledgling years of Laval’s existence, thus developed a
very high degree of exposure as part of the city’s economic
development. Implementation of the Institut national de
recherche scientifique (INRS) turned out to be a major asset
for Laval, creating synergies with the business community.
Today, the Science and High Technology park is called the
Biotech City, a business and science centre born in 2001.
Laval has experienced phenomenal growth in the commercial
sector. Implementation of a neighbourhood retailer network
breathed new life into the various districts. The emergence
of the Carrefour Laval and other shopping centres from the
1970s on proved to be a veritable economic driving force,
attracting new retail stores, offices and residential quarters.
The Cité de la santé de Laval hospital, offering state-of-the-art
health equipment, opened its doors in 1978. This drew in
numerous physicians who set up their medical practices and
homes in Laval, and laid out a new residential quarter around
the hospital.
Implementation of a new development management model
with the inception of the Corporation de développement
économique de Laval (CODEL) in 1985 increased the business
community’s involvement in regional economic development
management. Later on, the birth of Laval Technopole in 1995
redefined the positioning of Laval’s economy, theretofore
founded essentially on a scientific economy. Inspired by
the technological and industrial cluster concept and system,
Laval Technopole has structured the Laval economy around
excellence poles.
In brief, as part of the extremely competitive world of North
American metropolitan regions, Laval is an asset as much
for local business growth as for deployment of a diversified
value-added offering. It is a friendly, supportive environment
that provides a high quality of life and a surprising economic
development capacity that immensely contributes to the
Greater Montreal Region’s overall development.
10
More than $7.7 G
In Industrial Projects over
the Past 50 Years.
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

11. AGROPOLE
The Agropole management team worked toward
implementing innovative initiatives promoting attraction,
retention and transfer of businesses. It also took the preliminary
actions necessary for initiating an agricultural park, and
collaborated in Montmorency College’s Institut de design et
de développement des terres urbaines (ID2TU) project.
2014 also provided an opportunity to finalize the agricultural
snapshot and diagnosis work carried out as part of the
Agricultural Zone Development Plan (Plan de développement
de Ia zone agricole [PDZA]), due to be adopted this spring.
In addition, the pole conducted a study intended to draw up
a list of food processing subcontractors.
In 2014, the BioFloral firm that operates in hydroculture and
horticulture products enjoyed one of the highest growth rates in
the sector.
BIOTECH CITY
The Biotech City made 23 visits of resident businesses, and
eight companies newly settled in: Biotech Connect, Giiant
Pharma, Inixium, ILS Pharma, Labofine, Mangogen, Nutricia
and Karici Diagnostics. It also handled 36 new investment
projects, and 66 are in progress. In addition, it welcomed six
delegations during the year, in particular those from Alsace,
Taiwan and Bavaria, and organized a few events, including a
networking 5-to-7 cocktail and two Bio-Lunches. Furthermore,
it participated in two international missions: BIO International
Meeting in San Diego, and UBI France in New York.
The Biotech City also started up the Contract Research
Organizations (CRO) Network, whose objective consists in
promoting this life sciences industry segment. It produced a
Web-based interactive map that centralizes a list of all these
organizations.
POLES AND
SERVICES IN ACTION
NANCY GUAY
Director | Agropole
JEAN-MARC JUTEAU
Director | Biotech City
11
Biotech City:
$161 M
in R&D Investments

12. POLES AND
SERVICES IN ACTION
(CONT’D)
BUSINESS SERVICES
AND HEAD OFFICES POLE
In 2014, the Business Services and Head Offices Pole organized
10 head office visits with the Mayor of Laval. Close to 150
people from the business community attended the cocktail for
the launch of the 2nd
edition of the Laval Commercial Real Estate
Guide. Mayor Demers and his team’s members discussed the
numerous advantages and opportunities the Laval real estate
market has to offer.
A service firms committee was appointed last fall to discuss this
sector’s challenges and issues. A second meeting is scheduled
in 2015.
Excel Personnel, a personnel placement agency, as well as
Groupe Vézina et associés, an insurance brokerage firm, both
settled in Laval. The Dunton Rainville law firm also relocated its
head office in Laval’s Centropolis section.
CHANTAL JOYAL
Director | Business Services
and Head Offices Pole
12
e-POLE
The e-Pole management team pursued its awareness-raising
mandate with telecommunications companies and municipal
authorities in order to maintain a continuous flow of investment
in very-high-speed Internet access.
In June, 2014 came the launch of the IntégraTIon Québec
program with support from Laval Technopole and several
partners. This program’s goal consists in promoting
integration and employment retention of foreign-trained ICT
professionals.
In order to support businesses’ growth efforts, the e-Pole team
performed 28 visits and organized several activities, such as
Speed daTIng 2.0. This business development event focuses on
local purchasing and discovering new technological trends. The
pole also held other conferences, in particular on free software,
telework, scientific research and experimental development.
JEAN-MARIE PRESSÉ
Director | e-Pole
22% More Jobs
Under the e-Pole
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

13. MARKETING AND
COMMUNICATION SERVICES
This department actively participated in Laval Technopole
and International Business Centre activities, and also
provided businesses’ promotion. In particular, it carried out
numerous inaugurations, including Lumen, Industria 440 and
ADNM International. Two monthly newsletters are still being
distributed.
Among the new publications that will enhance the team,
the department produced a Biotech City brochure, a video,
an International Business Centre review bulletin, and the
2nd edition of the real estate guide. Our presence in
social networks is ongoing, and the Biotech City campaign
launched on Linked-In was a complete success. This will
continue in 2015. An interactive map indexing Laval’s and
Greater Montreal’s contractual research organizations was
developed for the Biotech City.
LEISURE AND TOURISM POLE
2014 kicked off with the conclusion to the Recreolab pilot
project, an activity bringing together partners and promoters
from various walks of business who all aim to participate
in a workshop in order to identify innovative leisure and
tourism projects. This exercise, an intersector first, was highly
appreciated. The synthesis leaflet was submitted to the City of
Laval at the dawn of the strategic planning process.
In other respects, the pole management offered specialized
consulting, site search, financing, shooting request and
strategic coaching services catering to businesses. The team
also participated as an evaluation committee member in the
call to citizen projects as part of Laval’s 50th
anniversary
festivities.
Novelties in 2014: A unique experience, the Aerosim flight
simulator, and the new indoor arena to the Mille-Îles river
equestrian centre were added to the existing interior sports
product offering.
INDUSTRIAL POLE
The Industrial Pole team carried out some 15 industrial visits,
which included three subsidiaries and two research centres,
andcollaboratedon17developmentprojects,ofwhichsixnew
builds and 11 local business relocation or expansion projects.
These activities generated new investments worth $286.5 M,
created 470 new jobs and preserved 127 others, and spurred
development of 199,310 square metres of industrial land.
Last May, a luncheon meeting focusing on hybrid assemblies
was organized in partnership with Sous-traitance Industrielle
du Québec (STIQ) and brought together over 30 people
from a score of companies, including a dozen from Laval.
Efforts to promote industrial subcontracting continued thanks
to renewal of the agreement with STIQ. Thus we identified
23 Laval-based businesses that established contact with
important contract givers for a total of 33 public or private
business opportunities.
The pole’s management also represented Laval Technopole
on the City of Laval strategic planning steering committee
and the Montreal International Partners committee on
foreign investments, and participated in the deliberations,
transactions and other work of the Montreal Metropolitan
Community’s industrial spaces watch committee.
GILBERT LEBLANC
Vice-President | Development,
Investment and Real Estate, and Director, Industrial Pole
MARTINE-ANDRÉE RACINE
Director | Leisure and Tourism Pole
13
SYLVIE GAUTHIER
Director | Marketing and
Communication Services
A 118.7%
Jump in Investments
Under the Industrial Pole

14. 14
BRUNO SÉGUIN
Acting Director |
International Business Centre
INTERNATIONAL
BUSINESS CENTRE
In 2014, Laval Technopole’s International Business Centre
carried on with its strategy of the past few years, which was
to offer a more sustained and continuous coaching service
with a core of promising businesses. Such an approach
enables production of a more significant impact on these
businesses’ projects and generates concrete results. That
said, we have once again demonstrated this year that we
nevertheless manage to reach a large number of Laval-based
businesses through our activities or our consulting service
inputs and actions.
SUMMARY OF PERFORMANCE,
2014
The businesses that took advantage of the International
Business Centre’s services forecast that export sales will grow
by $113.6 M over the next two years. As far as marketing
investments are concerned, our clients expect to invest $1 M,
and the businesses we have supported obtained $372,300
in financing.
During the year, 24 businesses were selected and coached
more continuously as part of the trade missions, consulting
mandates or coaching projects. These businesses’ attractive
results follow directly from actions we took jointly with them:
• 18 expect to increase their sales figures;
• 10 calls to tenders were received;
• 9 distribution agreements were signed abroad;
• 10 plan to hire, which should generate about
100 new jobs.
Beyond this coaching effort and the ensuing results, the
International Business Centre offers numerous products and
services. Indeed, we carried out three trade missions, 16
training sessions and four coaching/training sessions. More
than 580 participants and 292 different businesses took
advantage of our services.
Thanks to the International Business Centre’s support:
Industries Show Canada delivered its largest project ever as
part of the Sotchi 2014 Winter Olympic Games Opening
and Closing Ceremonies.
BONE Structure expanded in Western Canada and on the
American West Coast, in particular, by opening an office in
San Francisco.
TerraNova WW Corporation reviewed and optimized its
sales and distribution network world-wide in order to further
improve performance on international markets.
Pyxis Technologies opened offices in Belgium and France to
provide its Agile management and development consulting
services.
POLES AND
SERVICES IN ACTION
(CONT’D)
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

15. 15
ADNM INTERNATIONAL MOVES
ITS OFFICES TO LAVAL
In the fall of 2014, ADNM International inaugurated its brand
new head office in Laval. The new facilities, measuring 930 m2
in area, enable ADNM to raise its infrastructures’ capacity in
order to meet a growing demand for its line of hosted services
in Software as a Service (SaaS) and Platform as a Service
(PaaS) modes. The modern, ergonomic office space will bene-
fit the entire group by promoting inter-team interaction and thus
meeting the firm’s expectations.
Founded in Saint-Eustache in 2001, ADNM International is a
Microsoft Gold Certified Partner. Over the years, the firm be-
came a major player in the Microsoft Partner network by offer-
ing its clients Microsoft products, as well as its own integrated
solutions and services that have made its repute on the national
and international scenes.
SERVIER INAUGURATES
ITS NEW CLINICAL
DEVELOPMENT CENTRE
IN BIOTECH CITY
Servier Canada’s Laval head office inaugurated its clinical
research excellence centre in the Biotech City on October 10,
2014. This new centre’s mission consists in taking part in
the design and development of Servier’s international clinical
research. In fact, the centre will enable the firm to create and
consolidate high-caliber jobs in the pharmaceutical industry.
The advent of this centre reinforces the Biotech City’s role as
an excellence pole in the pharmaceutical sector.
AT THE HEART
OF THE ACTION
IN LAVAL:
BUSINESSES’ GROWTH
New Sites:
Investments Increased by
152%
GROUPE LESSARD
SETTLES IN LAVAL
In 2014, Groupe Lessard, a leader in design, manufacturing
and installation of high-performance building envelope
systems in the commercial, institutional and industrial sectors,
chose Laval for setting up its head office. The firm found in
Laval a building on a 44,593-square metre lot enabling it to
both bring all its employees together in the same premises
and meet its future expansion needs. All Groupe Lessard
products are designed and produced in the Laval facilities.
Groupe Lessard draws on the services of 300 employees,
of which 120 work on the road, and 180, in the offices.
Location was a determining factor in the final decision: as the
building is close to both Autoroute 15 and a metro station,
Laval was a strategic choice.

16. Lumen: The Largest Industrial
Investment Project in
the History of Laval.
16
AT THE HEART
OF THE ACTION
IN LAVAL:
BUSINESSES’ GROWTH
(CONT’D)
THE GRAND CHATEAU HOTEL
GROUP MODERNIZES ITS
LAVAL FACILITIES
The Laval Hilton hotel carried out major investments by
modernizing its entire facilities in order to better serve its
business clientele. The renovations will continue until the end of
2015, and the hotel will then offer 42 extended-stay suites with
complete kitchens and over 148 regular rooms.
The Sheraton Laval also proceeded to perform large-scope
renovation work. By the end of 2015, the hotel will be entirely
renovated, and all suites and rooms transformed to take on
a modern, urban personality. The restaurant La Piazza was
entirely redesigned in August, 2014.
Total investment for these two hotels exceeded $10.5 M for
2014 and 2015, and the whole project will be completed in
the fall of 2015.
Strategically located on Autoroute 15, the two hotels present
considerable advantages for business people: not only do
both rest in the heart of the greater metropolitan region and
are quickly accessible from the Montreal Trudeau International
Airport, but also, within a perimeter of only a few kilometres are
located the Carrefour Laval, Centropolis, numerous excellent
restaurants, as well as an innovative inside sports tourism
offering, including Sky Venture, Maeva Surf, Clip’n Climb and
the Aerosim flight simulator.
LUMEN RELOCATES ITS
HEAD OFFICE AND DISTRIBUTION
CENTRE IN LAVAL
In June, 2014, Lumen, Quebec’s leader in electrical products
distribution, announced a $100 M investment aiming to
settle its new head office and distribution centre in Laval.
A 35,768-square metre LEED-certified building on a site
measuring almost 92,903 square metres in area is currently
under construction.
Founded in Saint-Eustache in 1962, Lumen is a member of
the Sonepar Group, the world’s largest electrical equipment
distributor, since 1984. The power and reach of Sonepar’s
international network allows Lumen to provide not only the
most comprehensive line of products in the industry, but also
the latest technological innovations in the electrical field.
Lumen rigorously meets the requirements of a varied client
base coming from different sectors of the industry, including
electrical contractors, property managers, consulting engineers
and original equipment manufacturers (OEM) in the residential,
municipal, commercial, industrial and institutional sectors.
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

17. 17
PRESIDENT
DAVID DE COTIS
Vice President of the Executive Committee,
St-Bruno City Councillor, City of Laval and
Interim President and Executive Director, Laval Technopole
VICE PRESIDENTS
MIREILLE BEAUDET
Lawyer, Mediator and Arbitrator
FRANCO ZEGARELLI
President, Baracci Solutions
SECRETARY
GILLES LACROIX
Agricultural Producer, Les Serres Gilles Lacroix
TREASURER
JEAN-MARC GRAVEL
President, Jean-Marc Gravel CPA
ARMAND AFILALO
President and Chairman of the Board,
MEP Technologies / Artmetco
LAURA BATTISTI
Accounting and Administrative Officer,
Cleman Ludmer Steinberg
ROBIN BLANCHET
General Manager, Fèves au lard L’Héritage
DANIEL CODERRE
Rector, Institut national de la recherche scientifique
STÉPHANE CORBEIL
President, Teris
MARTIN DESROCHERS
President, Madeco Construction
VIRGINIE DUFOUR
Member of the Executive Committee and
Ste-Rose City Councillor, City of Laval
MICHEL GALLAND
CEO, Groupe Galland
ALEXANDRE JARRY
Lawyer and Partner, Jarry Girard, Legal Business Counsellors
ANDRÉ LABRECQUE, MBA, CGA
Managing Partner, Laval Lab
ANTHONY LACOPO
President, Utopia Image
RÉJEAN LAMOUREUX
President, Réseau Lam
LOUIS PROULX
Chairman of the Board, GPL Insurance
CINDY WALSH, ING.
Vice President, Finance and Operations, Okiok
EXECUTIVE COMMITTEE* BOARD OF DIRECTORS*
THE EXECUTIVE
COMMITTEE AND
THE BOARD OF
DIRECTORS
*as of December 2014.

18. 18
GENERAL
MANAGEMENT
DAVID DE COTIS
President and
Executive Director
on an interim basis
JOHANNE GÉLINAS
Executive Assistant
INVESTMENT
AND REAL ESTATE
DEVELOPMENT
GILBERT LEBLANC
Vice-President –
Development, Investment
and Real Estate
NANCY GUAY
Director, Agropole
CHANTAL JOYAL
Director, Business Services
and Head Offices Pole
JEAN-MARC JUTEAU
Director, Biotech City
JEAN-MARIE PRESSÉ
Director, e-Pole
MARTINE-ANDRÉE
RACINE
Director, Leisure and
Tourism Pole
CLAUDINE MAYNARD
Project Manager
SUZANNE CHALIFOUX
Administrative Assistant
CLAUDINE DISERENS
Administrative Assistant
JULIE THÉROUX
Administrative Assistant
BUSINESS
STRATEGY AND
FINANCING
DAMIEN CLOUTIER
Vice-President, Business
Strategy and Financing
and Director of
Operations, CLD de Laval
Administrative
Services (CLD)
ELOÏSE GIRARDOT
Operations Manager
DOMINIQUE PAQUETTE
Technician Entrepreneurial
Development
EMMANUELLE SAULNIER
Information Agent
Visibility Services
(CLD)
CHERRYL BYRNS
Head of Communications
MARIE-CLAUDE
PAGEAU
Head of Communications
Financial Services
(CLD)
NATHALIE CARON
Business Development
Advisor
ANDRÉ FILLION
Senior Business
Development Advisor
CÉLYNE LAFRANCE
Business Development
Advisor
TIEN TAI LE
Senior Business
Development Advisor
International
Mobility (CLD)
STÉPHANE PICHARD-
SUCHEYRE
Director
CLAUDIE PRONOVOST
Administrative Technician
Business
Development (CLD)
NATHALIE PLANTE
Director
LAURENCE B.
CHAUMILLON
Business Development
Advisor
MARIE-ANDRÉE
FONTAINE
Business Development
Advisor
MARTIN LAPIERRE
Business Development
Advisor
ANDRÉANNE LEDUC
Business Development
Advisor
PATRICK VILLAPIANA
Business Development
Advisor
LAVAL
TECHNOPOLE
INTERNATIONAL
BUSINESS CENTRE
BRUNO SÉGUIN
Acting Director
FRÉDÉRIQUE BOISSIER
Project Manager
CAROLINE BOUCHARD
Advisor
SONIA ZIADÉ
Advisor
CÉLIA LIGAN
Administrative Technician
MARKETING AND
COMMUNICATION
SYLVIE GAUTHIER
Director
CLAIRE MONTEIL
Senior Advisor
LOUISE PERREAULT
Secretary – Receptionist
ADMINISTRATIVE
SERVICES
AND HUMAN
RESOURCES
FRANCINE PERROTTE
Director
LUCIE DÉSILETS
Human Resources
Coordinator
GINETTE ROBERGE
Responsible for IT –
Internal Management
and Building
LUCIE SUMMERSIDE
Technician Accountant
LAVAL TECHNOPOLE
TEAM
REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

20. 1555 Chomedey Boulevard, Suite 100, Laval, Quebec H7V 3Z1 CANADA
Telephone: 450-978-5959 | Fax: 450-978-5970
info@lavaltechnopole.com | lavaltechnopole.com