City of Talent Montreal
An Action Plan for Boosting Employment, Innovation and Skills
Montreal has huge potential to become one of the most dynamic cities across OECD countries, thanks to its talented and creative population. Yet the city has not demonstrated outstanding results in terms of job creation and collective wealth generation in the past few years. This report examines this paradox and suggests new strategies to improve local outcomes in terms of employment, innovation and skills, and to boost inclusive economic growth and innovation across the Quebec metropolis.
Executive summary
Montreal is the driving force of the Quebec economy and possesses a wealth of assets that could transform the city into an innovative and economically dynamic metropolis on the world stage. Montreal’s workforce is growing as a result of international immigration, while the presence of high-quality tertiary and research institutions both attracts and produces world class talent. The economic structure of Montreal features both highly structured industrial clusters and a fertile ecosystem of entrepreneurs and SMEs, which nurtures the development of innovative enterprises in high value-added sectors. Other assets of Montreal include a high quality of life and an environment that encourages innovative activities.
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