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

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

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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

10. 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

11. 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

12. 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

13. 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

14. 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

15. 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

16. 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

17. 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

18. 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

19. 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

20. 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

21. 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

22. 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

23. 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

24. 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

25. 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