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Montreal ranked 14th in Global Financial Center Index


WestAust

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The Global Financial Center Index published by the China Development Institude and Z/Yen partners in London ranks financials centers worlwide based on criterias such as business stability and environnement, technology and assessment by the financial community.

 

Montreal ranks 14th up 1 spot since the last ranking 6 months ago, ahead of cities such as Geneva, Frankfurt or Paris. Highest ranked city in Canada is Toronto in 10th place, London tops chart ahead of New York and Singapore to round top 3.

 

http://www.longfinance.net/images/gfci/gfci_21.pdf

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Je me demande combien d'années de bonnes nouvelles ça va prendre pour faire changer la perception de l'opinion publique local à propos du potentiel et du rendement de Montréal.

 

Il y a l'opinion des gens de Montréal et celle des gens hors Montréal. Excluant une saine dose de scepticisme et de réalisme, les gens de Montréal ont tendance à sous-estimer leur ville, et à la dénigrer. Il serait à peu près temps de voir que nous ne sommes pas si pire que ça (surtout quand on se compare à plusieurs niveaux). Et nous sommes sur une pente ascendante et nous nous améliorons constamment. Il n'y a pas que les cônes oranges dans la vie...

 

Pour l'opinion provenant de l'extérieur de Montréal, je crois qu'on peut oublier de croire qu'on verra beaucoup de commentaires favorables en provenance de Québec (et des autres régions) et du ROC. Leurs problèmes envers Montréal sont davantage émotionnels que raisonnés. Par contre, l'opinion provenant de l'extérieur du Canada pourrait changer favorablement au cours des prochaines années. Il faudra commencer par se mettre sur la carte pour ensuite publiciser nos réussites. Peut être que si nous entendons des commentaires positifs sur Montréal en provenance du monde, on verra davantage nos forces et nos qualités.

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Very interesting, thanks for sharing!

 

Montréal is now an International city and on the cusp of becoming a Global city.

 

I would like to add that Montréal has an excellent ranking relative to population size. All cities ahead of Montréal, save for Zurich, have metro population significantly larger than ours. :mtl:

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Montreal more of a financial city than Dubai, Seoul, Paris, even Milan?

 

Look i'm all for good news, but this ranking need to be taken with a grain of salt.

 

Paris is dubious... but the others are not that big.

 

Maybe Paris is loosing points because of stability and cost of business/life.

 

This is not about who's biggest.

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Clairement, des anecdotes sont des méthodes d'évaluation plus rigoureuses qu'une critique fondée sur la méthodologie. ;) Moi je connais un prof de droit constitutionnel qui a rit quand je lui ai demandé de m'expliquer le fédéralisme coopératif canadien.*

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I know you said you read it Mark, but there are factors when taken into account that gives a better score to Montreal than Frankfurt for instance.

 

Even the analysis tells us that Frankfurt is a bigger more influent place of business than Montreal. Montreal is classified as an internationally recognized place of business with a broad and deep financial industry, but it is not a global one like Toronto, NY or Frankfurt, it is instead in the same category as Boston, Sydney or Madrid.

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Si tu penses vraiment que la reputation mondiale de Montreal comme centre de finance, et meilleure que celle de Paris/Dubai et Francfort - nous gaspillons trop d'energie intellectuelle.

 

 

If your point is that the largest financial centers should be based on the amount of money managed / traded than I agree with you.

However you cannot use this survey on the downside when it showed for instance that Vancouver was a bigger financial place than Mtl... (as this has been the case a few years ago). La Caisse alone has more asset under management than Vancouver and Calgary combined... Just like Paris is probably 2x bigger than Toronto... I guess reputation is highly qualitative here...

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