Indicators En2009

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2009 Montreal Key Business Indicators kindly facilitated by Mr. Gene Osidacz of "Montreal International"

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Indicators En2009

  1. 1. Attractiveness Indicators 2009-2010 Greater Montréal: creative people and profitable investments Canada’s premier university metropolitan area! p.4 Canada’s R&D capital! p.14 Most competitive cost structure! p.21 Focused and highly competitive incentives! p.26 An excellent business environment! p.31
  2. 2. Greater Montréal: a first-choice destination Recently, large urban centres such as Montréal have distinguished themselves by attracting successful companies and strategic investments because of their innovation, creativity and high technology. In spite of the current economic downturn, these metropolitan areas should remain attractive to foreign businesses seeking to locate in places that offer profitable and progressive alternatives for contending with the shocks in the world economy. In the knowledge economy, the key factors that determine a metropolitan area’s drawing power essentially revolve around the five following variables: talent, innovation, costs, incentives and business environment. The cost factor assumes greater importance during hard times. The objective for many companies is to reduce operating costs so as to maintain profit margins. By investing abroad in a first-rate metropolitan area with a competitive cost-structure, a company can achieve this goal. In this respect, Greater Montréal is a first-choice destination. The following comparative analysis of five attractiveness factors demonstrates that Greater Montréal measures up very favourably to its main North-American competitors (Canada and the United States). In spite of the fact that it ranks 16th in North America and 2nd in Canada in population size, Montréal is nevertheless one of the front-runners among the twenty largest urban areas in North America and number one in Canada for several indicators. Its enviable position in this elite group allows it to position itself as one of the most creative, attractive and progressive metropolitan areas on the continent. This enviable position highlights Greater Montréal strengths: 01. talent With its eleven institutions of higher learning, including four large universities, as well as many colleges and schools, the area ranks first in Canada in terms of students and university-based researchers. 02. InnovatIon Greater Montréal is Canada’s research and development (R&D) capital and enjoys an international reputation for excellence in information and communications technology (ICT), life sciences and aerospace. 03. Costs Greater Montréal enjoys a substantial cost advantage over its main North American competitors, particularly in R&D sectors. 04. InCentIves Montréal has one of the best corporate tax rates in North America and a broad range of focused and highly competitive incentives. 05. BusIness envIronMent Greater Montréal’s business climate is characterized by easy access to capital, strategic positioning in North America with close proximity to Europe, favourable conditions for free trade and investment and an exceptional quality of life. Greater Montréal’s relative position on these five attractiveness factors is summarized in the following table and further developed in this report. Pierre Brunet andré Gamache Chairman of the Board President and CEO I
  3. 3. summary of results Greater leading Benchmark results for Indicators Montréal’s ranking Benchmark areas areas1 Greater Montréal 01. talent Number of university students by % of population (2006) 1 Montréal, Boston Top 20 in North America 4.65% Number of university students (2006) 1 Montréal, Toronto Top 5 in Canada 159,090 Number of foreign university students (2006) 1 Montréal, Toronto Top 5 in Canada 14,723 Number of university degrees awarded (2006) 1 Montréal, Toronto Top 5 in Canada 46,152 Number of university degrees awarded to foreign students (2006) 1 Montréal, Toronto Top 5 in Canada 3,658 Bilingual population - English, French (2006) Trilingual population (2006) 1 1 Montréal, Ottawa Montréal, Toronto Top 5 in Canada Top 5 in Canada 1,861,930 659,850 0 02. InnovatIon Concentration of high technology jobs (2007) 5 Seattle, Boston Top 20 in North America 9.4% Overall R&D performance of businesses 1 Montréal, Toronto Top 5 in Canada Index : Montréal = 95.0 0 and universities (2006) Number of university-based researchers (2007) 1 Montréal, Toronto Top 5 in Canada 5,549 Funds dedicated to university-based 1 Montréal, Toronto Top 5 in Canada CA$7 billion research (2000-2007) Patents held (2007) 1 Montréal, Toronto Top 5 in Canada 618 Growth in the number of patents held (1997-2007) 5 Houston, Seattle Top 20 in North America 78.6% Rate of attraction of patented inventions (2007) 3 Philadelphia, Houston Top 20 in North America 55.5% 0 Scientific publications per 100,000 population (2007) 4 Washington, Boston Top 20 in North America 171 Scientific publications resulting from 1 Montréal, Toronto Top 5 in Canada 175 university/business cooperation (2000-2007) 03. Costs 0 Total business operating costs, 1 Montréal, Toronto Top 20 in North America Index: Montréal = 83.4 12 sector average (2008) Annual average salary – 8 occupational groups (2009) 1 Montréal, 2nd place Top 20 in North America Average = varies by job US$68,007 Total occupancy cost for industrial space (2008) 3 Atlanta, Dallas Top 20 in North America US$3.84/ sq ft/year 0 Total occupancy cost for office space (2008) 1 Montréal, Ottawa Top 20 in North America US$15.54/ /sq ft/ year Average electric rate 2 Seattle, Montréal Top 10 in North America 8.02 ¢/kWh (average = 1,000 kW - 2008) Consumer Price Index (October 2007) 1 Montréal, Edmonton Top 5 in Canada Index: Montréal = 95 Average home sales price (2008) 1 Montréal, Ottawa Top 5 in Canada CA$258,028 Average monthly rent (2 bedrooms - 2008) 1 Montréal, Ottawa Top 5 in Canada CA$647 04. InCentIves Effective tax rate – manufacturing 1 Québec, Ontario Canadian provinces and American 30.9% and non-manufacturing companies (2009) states in which Top 20 North American cities are located 05. BusIness envIronMent Urban infrastructure (2009) 2 Vancouver, Montréal Top 20 in North America Index: Montréal = 100 Quality of life (2009) 3 Vancouver, Toronto Top 20 in North America Index: Montréal = 100 Homicide rate per 100,000 population (2007) 1 Montréal, Toronto Top 20 in North America 1.6 Hosting of international meetings (2007) 2 New York, Montréal North America 2 90 meetings 1 The North American metropolitan areas (Canada and the United States) included here are the largest in population size for which data were available. 2 Data for sixteen Canadian and American cities were presented in the Top 100 rankings. II
  4. 4. Table of contents suMMary I taBle of Contents III IntroduCtIon 2 01. talent: Greater Montréal: Canada’s premier university metropolitan area 1.1 Undergraduate and graduate university enrolment 4 4 1.2 Enrolment in technical and vocational training programs 9 1.3 Undergraduate and graduate university degrees 9 1.4 Technical and vocational training diplomas 12 1.5 Language skills 12 02. InnovatIon: Greater Montréal: Canada’s r&d capital 2.1 High technology employment 14 15 2.2 Research and development 15 2.3 Patents 18 2.4 Scientific publications 20 Costs : 03. Greater Montréal: Most competitive cost structure among the top 20 north american metropolitan areas 3.1 Business costs 21 21 3.2 Personal costs 24 InCentIves: 04. Greater Montréal: one of the most profitable business destinations in north america 4.1 Corporate taxes 26 26 4.2 Main corporate tax incentives 27 4.3 Main corporate financial incentives 30 05. BusIness envIronMent: Greater Montréal: a magnet for foreign investment 5.1 Access to capital 31 31 5.2 Exports 32 5.3 Announced private-sector industrial investment projects 33 5.4 Announced institutional and government investment projects 34 5.5 Infrastructure 35 5.6 Quality of life 36 5.7 Greater Montréal’s overall economic situation 38 aPPendICes a : Labour costs – Comparison of average annual salaries of typical occupations (US$) 39 B : Comparison of corporate income tax rates for manufacturing companies – Canadian provinces and American states home to the twenty largest North American metropolitan areas, 2009 40 Comparison of corporate income tax rates for non-manufacturing companies – Canadian provinces and American states home to the twenty largest North American metropolitan areas, 2009 41 C : Sources 42 d : Methodological notes 43 CredIts 46 III
  5. 5. Introduction This fourth edition of Greater Montréal’s Attractiveness Indicators is designed to assist foreign investors as they go about gathering information and selecting a location. It underscores how Greater Montréal measures up on the defining elements that constitute a hub of attraction: talent, innovation, costs, incentives and business environment. During an economic downturn, such as the one that began in the fall of 2008, costs become a driving factor in the site selection process. In these circumstances, businesses generally look for solutions that will reduce their operational costs in the short-term so as to maintain their profit margins. Relocating operations to places that provide the best cost/quality ratio is often a winning strategy. Besides having one of the most competitive cost structures in both Canada and the United States, Greater Montréal has at its disposal a highly qualified and creative workforce. With eleven institutions of higher learning, including four major universities, the area is replete with talent. Companies that emphasize cost control also tend to be more interested in financial and tax incentives. These measures generate a considerable amount of competition among urban centres attempting to attract investment projects. In this regard, Greater Montréal stands out as a world-class player, widely acknowledged for the competitiveness and diversity of its array of incentives. In this document, Greater Montréal’s competitive position is compared with that of the twenty largest metropolitan areas in Canada and the United States. These North American regions were chosen by population size. In this regard, the Montréal metropolitan area ranks 16th in North America with a population of 3.7 million. The term “North America” takes in only the United States and Canada; Mexico is not included. Unless otherwise specified, the statistical universe used for comparative purposes is the Census Metropolitan Area (CMA) for Canada and the Metropolitan Statistical Area (MSA) and Combined Statistical Area (CSA) for the United States. The terms “Metropolitan Montréal”, “Greater Montréal” or “Montréal” refer to the Montréal CMA. When historical data are not available for a given metropolitan area, the next closest statistical universe is used. It is not always possible to compare Montréal with the same group of metropolitan areas because the list of regions varies from one source to another. Data permitting, comparisons are generally based on the twenty largest North American metropolitan areas, but when that is impossible, on Canada’s five major CMAs. Finally, the CA$/US$ exchange rate used to analyse some data in this study is the 2009 first quarter average. From April to June 2009, the Canadian dollar has appreciated by more than 8.5%. It should be noted that the CA$/US$ historical average exchange rate for the 2004-2008 period was: US$1 = CA$1.1576. 2
  6. 6. t1. top 20 north american metropolitan areas by population 2008 Metropolitan area statistical definition Population New York Combined Statistical Area 22,154,752 Los Angeles Combined Statistical Area 17,786,419 Chicago Combined Statistical Area 9,793,036 Washington Combined Statistical Area 8,295,397 Boston Combined Statistical Area 7,514,759 San Francisco Combined Statistical Area 7,354,555 Dallas Combined Statistical Area 6,655,261 Philadelphia Combined Statistical Area 6,398,896 Houston Combined Statistical Area 5,829,620 Atlanta Combined Statistical Area 5,729,304 Toronto Census Metropolitan Area 5,607,475 Miami Metropolitan Statistical Area 5,414,772 Detroit Combined Statistical Area 5,354,225 Phoenix Metropolitan Statistical Area 4,281,899 Seattle Combined Statistical Area 4,087,033 Montréal Census Metropolitan area 3,725,207 Minneapolis Combined Statistical Area 3,562,284 Denver Combined Statistical Area 3,049,562 San Diego Metropolitan Statistical Area 3,001,072 Cleveland Combined Statistical Area 2,887,492 Note : Population data for American metropolitan areas are those of July 1, 2008. Geographic location of Montréal in north america Vancouver Calgary Seattle MONTRÉAL Ottawa Minneapolis Toronto Boston Detroit New York Chicago San Francisco Denver Cleveland Philadelphia Washington Los Angeles San Diego Phoenix Dallas Atlanta Houston Miami 3
  7. 7. 01. Talent Greater Montréal’s skilled workforce represents: 350,000 university, college and vocational education students enrolled in: 1.1 underGraduate and Graduate - Eleven world-class institutions unIversIty enrolMent of higher learning, including In 2007, over 170,000 students were registered in Greater Montréal’s institutions four major universities (two of higher learning. In the future, companies will be able to draw on a major pool of Francophone, two Anglophone), university graduates to meet their skilled manpower needs. that offer innovative programs adapted to the needs of the t2. university enrolment in Greater Montréal by Institution new economy. Fall 2006-2007 - Colleges and specialised secondary level schools 2006 2007 Growth that provide students with Institutions number % number % 2006/2007 (%) technical and vocational training Based in Greater Montréal developed in conjunction with Université de Montréal 40,148 23.5 40,232 23.5 0.2 the private sector. Université du Québec à Montréal 39,328 23.0 38,563 22.5 -1.9 Concordia University 31,282 18.3 31,904 18.6 2.0 15,000 foreign university students. McGill University 31,354 18.4 31,415 18.3 0.2 HEC Montréal 11,631 6.8 11,934 7.0 2.6 A multicultural, multilingual École Polytechnique de Montréal 5,289 3.1 5,362 3.1 1.4 population open to the world. École de technologie supérieure 4,606 2.7 4,549 2.7 -1.2 subtotal 163,638 95.8 163,959 95.7 0.2 With campuses and activities in Greater Montréal Télé-université (TÉLUQ) 3,816 2.2 3,935 2.3 3.1 Campus de Longueuil de l’Université de Sherbrooke 2,067 1.2 2,072 1.2 0.2 École nationale d’administration publique 906 0.5 921 0.5 1.7 Institut national de la recherche scientifique 361 0.2 362 0.2 0.2 subtotal3 7,150 4.2 7,291 4.3 2.0 total 170,788 100.0 171,250 100.0 0.3 3 The following ratios were used to estimate the number of university students in the Montréal metropolitan area in 2006 and 2007: 70% for the Institut national de la recherche scientifique (INRS), 55% for the Télé-université (TÉLUQ), 50% for the École nationale d’administration publique (ENAP) and 10% for the Université de Sherbrooke. Additional information is available in Appendix D.. 4
  8. 8. t3. university enrolment in Greater Montréal by discipline Over 70% of Greater Montréal’s university student body was enrolled Fall 2006-2007 in science, management and social 2006 2007 Growth science programs in 2007. disciplines number % number % 2006/2007 (%) Scientific disciplines 46,008 26.9 45,878 26.8 -0.3 Applied Science 24,031 14.1 23,905 14.0 -0.5 Health Science 12,784 7.5 12,990 7.6 1.6 Science 9,194 5.4 8,983 5.2 -2.3 Management 39,015 22.8 39,768 23.2 1.9 Social Science 34,894 20.4 35,313 20.6 1.2 Education 11,396 6.7 11,209 6.5 -1.6 Literature 9,171 5.4 9,030 5.3 -1.5 Arts 7,471 4.4 7,400 4.3 -1.0 Multidisciplinary Studies 4,373 2.6 4,234 2.5 -3.2 Law 3,536 2.1 3,628 2.1 2.6 Other 14,925 8.7 14,789 8.6 -0.9 total 170,788 100.0 171,250 100.0 0.3 In 2007, over 27,000 students were t4. university enrolment in Greater Montréal enrolled in high-tech related programs; by High technology Program this represented more that 15% of all 2007 university students in Greater Montréal. Program number Computer Science 4,055 Mechanical Engineering 3,864 Electrical, Electronic and Communications Engineering 3,536 Biological Sciences 2,407 Medicine 2,002 Industrial and Management Engineering 1,587 Biochemistry 1,502 Pharmacy and Pharmaceutical Science 1,170 Chemistry 1,083 Mathematics 1,055 Chemical Engineering 856 Information Technology and Computer Engineering 841 Microbiology 587 Veterinary Medicine 585 Physical Science 541 Biological and Biomedical Engineering 342 Information Management 321 Experimental Medicine and Surgery 261 Physical Engineering 219 Aerospace, Aeronautical and Astronautical Engineering 114 Probability and Statistics 101 Applied Mathematics 88 5
  9. 9. Among North America’s Top 20, G1. university students by % of Population Greater Montréal ranks 1st in the largest per capita number of university Top 20 North American metropolitan areas, 2006 students, ahead of Boston, which is often considered the intellectual capital Montréal Boston of the United States. Minneapolis Denver Washington San Diego Philadelphia New York Detroit Chicago Phoenix Miami Cleveland San Francisco Toronto Los Angeles Atlanta Dallas Seattle Houston 0% 1% 2% 3% 4% 5% Greater Montréal is 9th in North America G2. university students (in 000s) in the number of university students. Top 20 North American metropolitan areas, 2006 New York Los Angeles Boston Washington Chicago Philadelphia San Francisco Detroit Montréal Miami « Minneapolis Dallas Toronto Denver Atlanta Phoenix San Diego Houston Cleveland Seattle 0 100 200 300 400 500 600 700 800 6
  10. 10. G3. Graduate students Greater Montréal remains Canada’s university capital: it ranks 1st in Top 5 Canadian metropolitan areas, 2006 the number of university students, particularly graduate students. 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 Montréal Toronto Vancouver Ottawa Calgary G4. university students Top 5 Canadian metropolitan areas, 2006 200,000 150,000 100,000 50,000 0 Montréal Toronto Vancouver Ottawa Calgary « the creation of ePsIlon rto and its establishment in Greater Montréal is a major step in our strategy to penetrate the north american market. the highly qualified workforce and the numerous research centres, a dynamic academic environment as well as the existing technological infrastructure all constitute growth factors for our company. Mr. Bruno desaunettes, EPSILON President (2009) 7
  11. 11. Acknowledged around the world for G5. foreign Graduate students its educational excellence, Greater Montréal continues to attract more Top 5 Canadian metropolitan areas, 2006 foreign university students than its 6,000 Canadian competitors, particularly at the graduate level. 5,000 4,000 3,000 2,000 1,000 0 Montréal Toronto Vancouver Ottawa Calgary G6. foreign university students Top 5 Canadian metropolitan areas, 2006 15,000 12,000 9,000 6,000 3,000 0 Montréal Toronto Vancouver Ottawa Calgary 8
  12. 12. 1.2 enrolMent In teCHnICal and voCatIonal traInInG ProGraMs t5. technical4 and vocational5 training in Greater Montréal6 Businesses can draw on a pool of over 120,000 college students (55,000 2004-2007 with technical training) and more than 50,000 students enrolled in secondary training 2004 2005 2006 2007* level vocational programs. Technical 60,645 58,520 56,733 56,175 Vocational 46,963 49,630 51,021 52,359 * 2007 data are provisional. t6. Most Popular technical training Programs (deC) in Québec The most popular technical training programs in Québec produce 2007 candidates for jobs that are of critical Program number importance to any company locating Management and Accounting Technology 5,021 in Greater Montréal. Information Technology 3,179 Business Management 2,989 Mechanical Engineering Technology 1,687 Industrial Electronics Technology 1,658 1.3 underGraduate and Graduate unIversIty deGrees In 2007, there were over 42,000 university graduates in the Greater t7. university degrees awarded By Major Montréal area, 75% having majored in 2006-2007 science, management or social science. 2006 2007 Growth Major number % number % 2006/2007 (%) Management 11,681 28.1 11,578 27.6 -0.9 Scientific disciplines 11,342 27.3 11,528 27.5 1.6 Applied Science 5,695 13.7 5,635 13.4 -1.1 Health Science 3,505 8.4 3,741 8.9 6.7 Science 2,143 5.2 2,152 5.1 0.4 Social Science 8,786 21.1 9,010 21.5 2.6 Education 2,825 6.8 2,709 6.5 -4.1 Literature 2,562 6.2 2,454 5.9 -4.2 Arts 1,744 4.2 1,774 4.2 1.7 Multidisciplinary Studies 1,563 3.8 1,674 4.0 7.1 Law 1,042 2.5 1,127 2.7 8.2 Other 62 0.1 60 0.1 -3.7 total 41,607 100.0 41,914 100.0 0.7 4 Enrolment statistics include students registered in the following technical programs: diplôme d’études collégiales (DEC), attestation d’études collégiales (AEC), certificat d’études collégiales (CEC), diplôme de perfectionnement de l’enseignement collégial (DPEC). 5 Enrolment statistics include only regular track programs (diplôme d’études professionnelles, certificat d’études professionnelles, attestation de spécialisation professionnelle and attestation de formation professionnelle). 6 In calculating the total number of Greater Montréal students, data from the following administrative regions were included: Lanaudière, Laurentides, Laval, Montérégie and Montréal. 9
  13. 13. In 2007, over 6,500 university t8. university degrees awarded in High technology Programs students graduated with degrees in high technology fields; this represented 2007 15% of all university graduates in Program number Greater Montréal. Computer Science 1,015 Electrical, Electronic and Communications Technology 891 Mechanical Engineering 807 Biological Science 640 Industrial and Management Engineering 414 Medicine 375 Pharmacy and Pharmaceutical Science 357 Biochemistry 320 Mathematics 259 Chemistry 246 Information and Computer Engineering 229 Microbiology 192 Chemical Engineering 184 Veterinary Medicine 142 Physical Science 131 Information Management 113 Biological and Biomedical Engineering 75 Experimental Medicine and Surgery 62 Physical Engineering 42 Aerospace, Aeronautical and Astronautical Engineering 41 Probability and Statistics 33 Applied Mathematics 19 Montréal remains Canada’s university G7. Graduate degrees awarded capital, ranking 1st in the total number of university degrees awarded and, Top 5 Canadian metropolitan areas, 2006 more specifically in the number of 12,000 graduate degrees conferred. 10,000 8,000 6,000 4,000 2,000 0 Montréal Toronto Vancouver Ottawa Calgary 10
  14. 14. G8. university degrees awarded Top 5 Canadian metropolitan areas, 2006 50,000 40,000 30,000 20,000 10,000 0 Montréal Toronto Vancouver Ottawa Calgary G9. Graduate degrees awarded to foreign students Greater Montréal’s educational excellence is acknowledged the world Top 5 Canadian metropolitan areas, 2006 over. It is in Montréal that the largest number of graduate and undergraduate 1, 500 university degrees is conferred to foreign students in Canada. 1,200 900 600 300 0 Montréal Vancouver Toronto Ottawa Calgary 11
  15. 15. G10. university degrees awarded to foreign students Top 5 Canadian metropolitan areas, 2006 4, 000 3, 500 3,000 2,500 2,000 1,500 1, 000 500 0 Montréal Toronto Vancouver Ottawa Calgary 1.4 teCHnICal and voCatIonal traInInG dIPloMas Over 21,000 vocational training t9. technical and vocational diplomas awarded in Greater Montréal7 diplomas were earned in 2006. 2003-2006 Approximately 9,000 technical training diplomas were awarded in 2005. training 2003 2004 2005 2006 Technical* 9,277 9,123 8,865 N/A Vocational** 17,653 18,755 19,875 20,652 * Provisional 2005 data. ** Provisional 2006 data. 1.5 lanGuaGe skIlls Greater Montréal has the largest t10. Bilingual Population by Metropolitan area in Canada bilingual population in Canada. 2006 Over two million residents are fluent in both official languages (French and Metropolitan area Bilingual population % English). This represents more than half Montréal 1,861,930 51.9 of the region’s entire population. Ottawa 496,030 44.4 Québec City 232,530 33.0 « Winnipeg 74,885 10.9 Toronto 418,505 8.3 Calgary 84,085 7.9 Vancouver 162,790 7.8 7 The Greater Montréal total includes data from five administrative regions: Lanaudière, Laurentides, Laval, Montérégie and Montréal. 12
  16. 16. t11. Population fluent in at least three languages It is also home to Canada’s largest by Metropolitan area in Canada trilingual population: nearly 20% of the population is fluent in at least three 2006 languages. Metropolitan area trilingual + population % Montréal 659,850 18.4 Toronto 534,190 10.5 Ottawa 112,771 10.1 Vancouver 193,320 9.2 Calgary 60,135 5.6 Edmonton 45,750 4.5 Winnipeg 29,560 4.3 t12. linguistic skills in Greater Montréal, top 20 languages A linguistic and cultural diversity capable of meeting the needs of 2006 multinational companies language number language number French 3,266,845 Vietnamese 30,235 English 2,124,735 Romanian 27,645 Spanish 206,895 Russian 27,115 Italian 178,780 Tagalog (Pilipino) 18,970 Arabic 142,930 Hebrew 18,555 Creole languages 74,935 Polish 18,135 Greek 50,660 Armenian 17,905 Chinese* 45,425 Punjabi 15,235 Portuguese 38,695 Persian (Farsi) 15,045 German 31,930 Urdu 14,800 * Including Cantonese, Mandarin, Taiwanese, Chaozhou (Teochew), Fukien, Hakka and Shanghainese. « all the technical skills found in the region, the synergy with Montréal universities and the technological infrastructure already in place are factors that will support our company’s growth. Mr. William Mallol, vice-président of AMESYS Canada (2008) 13
  17. 17. 02. Innovation Innovation in Greater Montréal represents: A vast community of talent involved in high technology aerosPaCe sectors such aerospace, life Over 42,000 jobs in 236 companies. sciences and information and Along with Seattle and Toulouse, Greater Montréal is one of the three world capitals communications technology. of the aerospace industry. An ideal R&D environment for Main leaders: Air Canada, Bell Helicopter Textron Canada, Bombardier companies: Montréal is home Aerospace, CAE, Esterline CMC Electronics, General Electric, Goodrich, Héroux-Devtek, Honeywell, L-3 Communications MAS (Canada), MDA Space, to more research centres and Messier-Dowty, Pratt & Whitney Canada, Rolls-Royce Canada, Sonaca university-based researchers than Montréal, Thales Canada and Turbomeca. any other urban centre in Canada. Cluster Secretariat: www.aeromontreal.ca A priority for federal, provincial and municipal governments that finance many R&D projects and lIfe sCIenCes make Greater Montréal the leading Over 41,000 jobs in 620 organizations, including 150 research centres. beneficiary of university research World leader in basic research in oncology, cardiology, endocrinology and funding in Canada. immunology. Main leaders: Algorithme Pharma, Anapharm, AstraZeneca, Boehringer A niche that has enormous Ingelheim, Bristol-Myers Squibb, GlaxoSmithKline, Johnson & Johnson, MDS commercial potential as Pharma Services, Merck Frosst, Novartis, Pfizer, Sanofi-Aventis, Schering- demonstrated by the area’s Plough and Wyeth. remarkable performance in Cluster Secretariat: www.montreal-invivo.com both Canada and North America in terms of patents held and the number of scientific InforMatIon and CoMMunICatIons publications generated by teCHnoloGy (ICt) university/business cooperation. 120,000 jobs in approximately 5,000 companies. A highly diversified cluster with a particularly dynamic electronic game sector. Recent investments by foreign companies such as Ubisoft, Electronic Arts, Eidos, VMC Game Labs, Cyanide, Javaground and Eyetronics have helped to make Montréal one of the foremost world-class centres in this field. Main leaders: Autodesk, BCE, Compuware, Dassault Systèmes, DMR/Fujitsu, Electronic Arts, Ericsson, CGI Group, GFI, IBM, Morgan Stanley, Positron, Sanmina- SCI, SAP, SR Telecom, Ubisoft, Eidos, Telus and Videotron. Cluster Secretariat: www.technomontreal.com 14
  18. 18. 2.1 HIGH teCHnoloGy eMPloyMent G11. Concentration of High technology Jobs (%) Greater Montréal ranks 5th in North America in high-tech job Top 20 North American metropolitan areas, 2007 concentration8, just behind Seattle, 15% Boston, Washington and Dallas. In 2007, one out of every ten jobs in the area was related to high technology. 12% 9% 6% 3% 0% Seattle Boston Washington Dallas Montréal San Francisco San Diego Toronto Minneapolis Los Angeles Phoenix Atlanta Philadelphia Chicago New York Detroit Houston Miami Riverside St. Louis 2.2 researCH and develoPMent G12. top r&d Centres (Maximum score = 100) According to RE$EARCH Infosource’s exhaustive study9, Greater Montréal Top 5 Canadian metropolitan areas, 2006 remains Canada’s R&D capital. 100 Montréal’s performance places it ahead 95.0 91.3 of Toronto, Ottawa, Vancouver and 87.6 Calgary in both private sector and 82.9 78.9 university-based R&D. 80 33.7 33.0 28.0 30.3 26.3 60 40 61.3 58.3 59.7 52.6 52.6 20 0 Montréal Toronto Ottawa Vancouver Calgary Private sector R&D University research 8 The number of high-tech jobs divided by the region’s total number of jobs. High technology includes aerospace, life sciences and ICT. Please refer to Appendix D for the list of sectors and additional methodological information. 9 This compilation led to the construction of composite index consisting of eleven indicators that measure the R&D performance of companies (seven indicators – maximum score = 64) and universities (four indicators – maximum score = 36) located in Canada’s largest metropolitan regions. Please see Appendix D for more methodological detail. 15
  19. 19. Greater Montréal ranks 1st in Canada G13. number of research Centres and 9th in North America for the number of research centres. Top 20 North American metropolitan areas, 2007 Washington New York Boston San Francisco Los Angeles Chicago Philadelphia Detroit Montréal Denver Minneapolis Seattle Houston Toronto Atlanta Dallas Phoenix Cleveland Miami San Diego 0 200 400 600 800 1, 000 Greater Montréal also ranks 1st in G14. number of university researchers Canada in the number of university- based researchers. Top 5 Canadian metropolitan areas, 2007 Montréal Toronto Vancouver Ottawa Calgary « 0 1,000 2,000 3,000 4,000 5,000 6,000 the Montréal region has been an important centre of high-technology for many years, known for its aerospace, electronics, telecommunications, life sciences and transportation industries, and for its engineering services and r&d. It is an ideal location for triad MdG, and we look forward to serving companies throughout and beyond with the cost and time benefits of triad’s mixed-signal asIC designs. Mr. richard Prescott, General Manager of Triad MDG (2008) 16
  20. 20. G15. university research funding – Ca$ Billion Greater Montréal leads all other Canadian metropolitan areas in terms Top 5 Canadian metropolitan areas, 2000-2007 of the amount of money invested in university research. Over $7 billion 8 was awarded to Montréal-based universities between 2000 and 2007; 7 this represented 20% of the entire amount invested in Canada during 6 that same period. 5 4 3 2 1 0 Montréal Toronto Vancouver Ottawa Calgary G16. nserC Grants and Bursaries awarded to universities – Ca$ M The grants and bursaries awarded to Greater Montréal researchers by the Top 5 Canadian metropolitan areas, 2007-2008 Natural Sciences and Engineering Research Council of Canada (NSERC) and the Canadian Institutes for Health Research (CIHR) represent nearly 14% and over 22% of the respective totals Montréal invested in Canada: a new benchmark. Vancouver Toronto Ottawa Calgary 0 30 60 90 120 150 17
  21. 21. G17. CIHr Grants and Bursaries awarded – Ca$ M Top 5 Canadian metropolitan areas, 2007-2008 Montréal Toronto Vancouver Ottawa Calgary 0 50 100 150 200 250 2.3 Patents Greater Montréal leads all Canadian G18. Patents Held metropolitan areas for patents held. Top 5 Canadian metropolitan areas, 2007 Montréal Toronto « Ottawa Vancouver Calgary 0 100 200 300 400 500 600 700 800 18
  22. 22. G19. Growth rate in Patents Held (%) Greater Montréal ranked 1st in Canada and 5th in North America in the rate of Top 20 North American metropolitan areas, 1997-2007 growth in patents held: 80% between 1997 and 2007. Houston Seattle San Francisco San Diego Montréal Phoenix Atlanta Detroit Boston Minneapolis Los Angeles Dallas Philadelphia New York Toronto Denver Washington Miami Cleveland Chicago -50 % 0% 50 % 100 % 150 % 200 % G20. Patent attraction rate (%) Metropolitan Montréal is 3rd in North America in attracting intellectual Top 20 North American metropolitan areas, 2007 property. In 2007, over half of the patents held in Greater Montréal 60 % originated with foreign inventors (from outside the region). This statistic 50 % demonstrates the extent to which the area has become integrated into global 40 % innovation networks. 30 % 20 % 10 % 0% Philadelphia Houston Montréal Cleveland New York Washington Chicago San Francisco Dallas Detroit Toronto Atlanta Minneapolis Los Angeles Boston Denver Miami San Diego Seattle Phoenix « our decision to upgrade our facilities in Canada […] acknowledges efforts by the Canadian and Québec Governments to protect companies’ intellectual property with effective patent legislation and to install measures to provide Canadian patients with timely access to innovative new medicines. such efforts prove we can work together to create a climate that supports investment in r&d and the health care system and drives economy activity. Mr. Jean-françois dehecq, Chairman of the Sanofi-Aventis Group (2008) 19
  23. 23. 2.4 sCIentIfIC PuBlICatIons In 2007, Greater Montréal ranked G21. scientific Publications per 100,000 Population 4th per capita in North America in scientific publications Top 20 North American metropolitan areas, 2007 due to a sizeable concentration of renowned institutions of Washington Boston higher learning, researchers and San Francisco university professors. Montréal Seattle Philadelphia Detroit Houston Toronto Cleveland Minneapolis New York Atlanta Los Angeles Chicago San Diego Denver Dallas Phoenix Miami 0 50 100 150 200 250 300 In 2007, Greater Montréal remained G22. scientific Publications resulting from university/Private Canada’s leader in the number of sector Cooperation scientific publications generated by university/private sector cooperation. Top 5 Canadian metropolitan areas, 2000-2007 These remarkable results were due 200 to the extensive research synergies developed among the area’s businesses and institutions of higher learning. 160 120 80 40 « 0 2000 2001 2002 2003 2004 2005 2006 2007 Calgary Montréal Ottawa Toronto Vancouver 20
  24. 24. 03. Costs Greater Montréal’s competitive cost structure represents: A genuine advantage in an economic downturn during 3.1 BusIness Costs which companies are striving to maintain profit margins. Greater Montréal has the most competitive cost structure of any major North American metropolitan area. At the beginning of 2009, it enjoyed a 14% cost-advantage over An incentive for foreign businesses its U.S. counterparts. wishing to locate closer to their North American customers. G23. Business operating Costs average for 12 sectors A competitive factor of particular Top 20 North American metropolitan areas for which data were available, 2008 significance for R&D sectors. (Average for U.S. cities = 100) An advantage that directly Montréal Toronto affects costs for companies Tampa and individuals. Atlanta Dallas Houston St. Louis Washington Phoenix San Francisco Philadelphia Minneapolis San Diego Denver Seattle Boston Chicago Detroit New York Los Angeles 80 90 100 110 Note: Exchange rate used here: US$1 = CA$1.2453 (2009 Q1 average) « the City of Montréal and the Government of Québec have created an outstanding business and research environment, with a talented, multilingual workforce; strong and diverse public sector and academic institutions; stable costs; and reliable infrastructure. these components are part of a winning formula that has led to success for companies operating in the region. Ms. Maria Codipietro, Managing Director of SAP Labs Canada (2008) 21

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