Montréal championne de la croissance

[MtlMan]

https://www.tvanouvelles.ca/2018/10/25/montreal-championne-de-la-croissance

Citation

Montréal est la métropole nord-américaine qui a connu la croissance la plus forte en matière d’investissements étrangers l’an dernier, mais les projets qu’elle attire créent moins d’emplois qu’ailleurs.

La région montréalaise est celle qui a le plus progressé en Amérique du Nord dans le classement annuel de l’investissement direct étranger de la firme Wavteq, associée au journal anglais Financial Times.

Montréal occupe également la première place nord-américaine pour ce qui est de la valeur des investissements en immobilisations provenant d’entreprises étrangères en proportion de la taille de son économie, devant Toronto et New York. À l’échelle mondiale, la ville occupe le 17e rang, derrière des poids lourds comme Singapour, Bangalore, Hong Kong et Londres.

Selon Montréal International, les investissements étrangers en immobilisations ont plus que doublé en 2017 pour atteindre 878 millions $.

Loin au classement global

Au palmarès cumulatif, qui prend aussi en compte le nombre de projets et les emplois créés, Montréal fait toutefois moins bonne figure, étant recalée au 32e rang mondial.

La métropole québécoise est pénalisée par le nombre relativement peu élevé d’emplois que créent les projets d’investissements étrangers par rapport à sa population. Trente-trois villes réussissent mieux qu’elle à cet égard, dont Bucarest, Dublin, Barcelone, Paris et Toronto.

Emplois de qualité

«Nous n’avons pas d’objectif spécifique lié au volume d’emplois créés. Nous avons plutôt un critère qui mesure la qualité des emplois créés en fonction de leur salaire moyen», reconnaît Christian Bernard, économiste en chef de l’organisme Montréal International.

«Il faut regarder beaucoup plus la qualité des emplois créés plutôt que leur nombre, compte tenu de notre situation démographique et du fait que notre taux de chômage a atteint un creux historique au cours des derniers mois», soutient-il.

Montréal International souligne néanmoins que les projets étrangers annoncés l’an dernier doivent créer 5233 emplois, soit 62 % de plus qu’en 2016.

Les cinq plus importants investissements étrangers

1.IKEA, Suède (centre de distribution, Beauharnois) : 160 millions $

2.Siemens, Allemagne (turbines à gaz, Dorval) : 133 millions $

3.Double Negative, Royaume-Uni (effets visuels, Montréal) : n/d

4.Delmar, Italie (pharmaceutique, Lachine) : 45 millions $

5.Bridor, France (boulangerie, Boucherville) : 40 millions $

 

[fmfranck]

@YMQ So, Montréal's economy is doing well, but not keeping up with the rest of North America?

I really do enjoy seeing your arguments being disproven one by one.  
 

On 2018-10-13 at 4:25 PM, YMQ said:

Montreal is doing well, but so is the North America context. Continue to believe that Montreal is not keeping up with its peers on a relative basis - and Montreal's peers are Boston, Toronto, Austin, Seattle - not Cleveland, Pittsburgh, Baltimore. 

[fmfranck]

Just now, YMQ said:

Do yourself a favor - read the entire article.

I did. So? Wait I get it, its not "perfect news", therefore its not "good news". Geez, you must be fun at parties. Also, the important part is that it disproves your theories. Not only is our growth keeping up with the rest of the competition, its better. 

I guess doubling your external investments is bad news, right?

[fmfranck]

1 hour ago, YMQ said:

Rejoice Frank. Ikea put it a distribution centre valued at $150M.

Come talk to me when Montreal's GDP growth rivals Boston/Toronto/Chicago/Atlanta/Washington over a period of 5 years.

No thanks. You'll say our overall GDP is not as high as London's. Always something thats not good enough for you Mark. You remind me of my wife sometimes.

[heere]

What's up with the random provocations in this thread?

 

Montreal's economy is definitely doing great, but it's still lagging compared to other international metropoles (metropolises?) of the same calibre. We need to make sure we'll still be doing well 5-10 years into the future in order to catch up. We can celebrate our current success while keeping in mind that we're still behind and need to improve more instead of resting on our laurels. The two are not mutually exclusive.

[fmfranck]

I guess youre new "heere" (sorry couldnt stop myself :P),ut this member has been a constant denyer of the progress that Montréal has made recently. Obviously, we shouldnt rest on our laurels.  

[Chris1989]

3 hours ago, YMQ said:

Rejoice Frank. Ikea put it a distribution centre valued at $150M.

Come talk to me when Montreal's GDP growth rivals Boston/Toronto/Chicago/Atlanta/Washington over a period of 5 years.

 

[Habsfan]

4 hours ago, heere said:

What's up with the random provocations in this thread?

 

Montreal's economy is definitely doing great, but it's still lagging compared to other international metropoles (metropolises?) of the same calibre. We need to make sure we'll still be doing well 5-10 years into the future in order to catch up. We can celebrate our current success while keeping in mind that we're still behind and need to improve more instead of resting on our laurels. The two are not mutually exclusive.

Well said! ? Oui, les choses vont bien à Montréal depuis 2 ans, mais nous partons de loins derrière. Ça va prendre une autre décennie comme comme les deux dernières années pour rattraper les villes qui performent le mieux. (Seattle, Toronto, Boston, Chicago, Atlanta etc...)

3 hours ago, fmfranck said:

I guess youre new "heere" (sorry couldnt stop myself :P),ut this member has been a constant denyer of the progress that Montréal has made recently. Obviously, we shouldnt rest on our laurels.  

I don't think he's a denyer, but he doesn't have rose coloured glasses like too many people in Québec have a tendency of having.  Many feel like he's always complaining, even when things are going RELATIVELY well,  but I think he sets the bar higher than most people here. 

[swansongtoo]

4 hours ago, fmfranck said:

I guess youre new "heere" (sorry couldnt stop myself :P),ut this member has been a constant denyer of the progress that Montréal has made recently. Obviously, we shouldnt rest on our laurels.  

He's not a denyer rather he's simply calling out that despite positive economic news these last years we don't yet rival cities we compete with.  And Habsfan is right too many people have rose colored glasses.  We're on an upswing let's hope we continue the trend for the foreseeable future.  

[ToxiK]

Things are going better then "relatively" well.  Of course some other cities are doing better, but things haven't been that good in Montréal since, well, ever.  The unemployment rate in Québec in general is the lowest since we started calculating it, and it hasn't been that good in Montréal in a long time.  And the jobs we are creating are not like the ones we lost in the 90's and 2000's in soft industries like clothing, but they are in aerospace, AI, video games, health, engineering and so on.

Construction hasn't been that good in decades.  There was a boom in the 1960's and in the 80's and early 90's, but look at Montréal now since the last 5 or 6 years.  Downtown is barely recognizable (and it iis not stopping).  We have the REM being built and the Blue line will get extended.  We are getting a tramway to Pointe-aux-Trembled (and hopefully, il will only be the first of a big network of tramways).  The REM might be extended and we might see other metro extension (maybe not the Pink line in the short term, but other lines).  Public transit is in the air, and the gain for us economically can be huge: we will improve the logistic in Montréal (not mentionning the quality of air) and it will permit people to save money by not having the need to have a car.  We don't produce cars in Montréal, and we don't extract oil in Québec, but we make trains, busses and other means of transportation, and we make the electricity to move them too.  We can gain A LOT by developping public transit.

We just build 2 mega hospitals, and many others are seeing expensions like Ste-Justine, the Jewish Hospital and Maisonneuve-Rosemont.  We saw Concordia and UQAM getting new buildings in the 2000's and now McGill want to acquire the former Royal-Victoria hospital, the Université de Monréal in building a whole new campus and ETS is constantly expanding.  We are getting a new Champlain bridge, other major infrastructures are (finally) getting the repairs they need.  We have not seen that much of that since what, the Quiet Revolution?

Population keep rising, even with the immigration limitations that the CAQ will implement.  Québec has a surplus, not a deficit.  Let me repeat that because this is so unusual:  Québec has a surplus, not a deficit!  With technology, we can hope to have better productivity in governments and in the private sector, and with our universities, we get our share of technoogy graduates.  Our day care system permits women more time to work and will help the children to better develop, we slowly reaping the value of that program.  We also have one of the most bilingual and trilingual workforce, that is also something.

We beat records on tourism, ever after the 375th of Montréal.  Trudeau airport will have 2,5 billions $ in investments just to barely be able to keep up with all the new routes we are getting.  We have a new port terminal and big plans for the Old Port and the Canal Lachine, both tourist attractions.  The Museum of Fine arts is growing, the MAC is getting an expansion and so is Pointe-à-Callière.  The Centre d'Histoire is getting a new location and the McCord wants the same.  We are getting a major commercial developement (and residential one too, apparently) with Royalmount, and downtown commercial areas are getting big face lifts (Place Ville-Marie, Eaton Centre, and so do streets like Ste-Catherine and McGill College).

It isn't just downtown that is developping, other neighborhoods too.  Gas stations are closing down and condos are taking their places.  Every vacant lot is now a prospect for a new development.  Laval is getting a dowwtown, Lasalle is seeing condos towers being built.  Industrial district now are lacking room, so many companies who needs bid land are building in the suburbs.  The Port of Montréal is breaking records, and will see a big expansion in Contrecoeur.  The new NAFTA is finally signed, we have free trade with Europe and hopefully soon another one with many asian countries.  The legalization of canabis will develop a new industry and take out money from organized clime and put it in the official economy.  The network of stores will contributes to commercial street and will help boost tourism (even if we don't advertise it).

Things are going better then ever.  I am not saying that everything is perfect (in fact, I don,t believe in perfection, I believe in constant improvement), but Montréal is going well.  And the good news is that our growth is based in solid ground, not uniquely on a real estate boom or on the value of a single commodity like oil.  Our growth is based on education and jobs that require highly trained people, and it is build on industries of the future like AI and aerospace.  Let's not stop running, but we are on the right path, and we are not wearing pink glasses, this is real !