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Good practice Imported

Montréal International — Foreign Investment and Talent Attraction

Canada · Montreal · See the Canada profile

Evidence: Descriptive / self-reported Top 42% 71/100 · Ask Evidence Copilot about this practice

Montréal International facilitates inward investment and international talent recruitment across Greater Montréal. In 2024 it supported 59 projects worth C$ 2.7 B, creating or maintaining 4,790 jobs, while its Talent Montréal arm placed more than 1,000 international professionals

59 projects
Foreign-investment projects supported (2024)
2.7 C$ billion
Investment supported (2024)
4,790 jobs
Jobs created or maintained (2024)
105,439 C$
Average annual salary of supported jobs (2024)
1,000+ placements
International professionals placed (Talent Montréal) (2023)
Montréal International — Foreign Investment and Talent Attraction

Details

Maturity
Established
Promoter
Montréal International
Period
1996–present
Keywords
investment promotion, talent attraction, economic development, public-private partnership

Context

Montréal International (MI) is the investment-promotion and talent-attraction agency for the Greater Montréal metropolitan region, established in 1996 and co-financed by the City of Montréal, the Québec government, the federal government and private-sector partners.

Objectives

To attract and support foreign direct investment into Greater Montréal and to help local companies recruit international skilled talent, tracking both pipelines in a single annual report.

Activities

MI operates the Journées Québec format — multi-sector job fairs held in selected origin countries — and the Talent Montréal initiative for skilled international recruitment, alongside its core investment-promotion work across cleantech, AI, life sciences and energy-transition sectors.

Results

In 2024, MI supported 59 foreign-investment projects totalling C$2.7 billion, creating or maintaining 4,790 jobs at an average annual salary of C$105,439. It also assisted 150+ companies with recruitment and immigration, recording 287 hires at Journées Québec events and 370 work permits processed; two-thirds of these placements were in education, childcare and healthcare. In 2023, Talent Montréal placed more than 1,000 international professionals in local companies.

Conclusions

MI is among the few city-level agencies that publicly tracks and reports on both investment-attraction and talent-placement pipelines in a single annual report, enabling year-on-year comparison, though investment-project volume is sensitive to economic cycles and job-figure attribution methodology is not separately published.

Implementation

Indicative cost
Medium (€50k–€500k) — Co-funded by the City of Montréal, Québec government, federal government and private-sector partners; no consolidated MI operating budget figure found in cited sources.
Time to results
Long (> 3 years) — Established 1996; 28 years of continuous operation through the 2024 reporting period.
Staffing & skills
Montréal International (MI) — dedicated investment-promotion and talent-attraction agency, co-financed and co-governed by the City of Montréal, Québec government, federal government and private-sector partners

Conditions for success

  • Stable multi-level co-financing (municipal + provincial + federal + private)
  • Dual mandate combining investment promotion and talent placement under one agency, enabling joined-up reporting
  • Journées Québec multi-sector job fairs held in selected origin countries to source international talent at scale

Common failure modes

  • Investment-project volume is sensitive to economic cycles (Global News noted a dip in 2022-2023)
  • Attribution methodology for job-creation figures is not separately published

Where it fits

Governance type
public-private co-financed agency
Scale
metropolitan region (Greater Montréal)
Income level
high income

Commonly funded by

National / regional programmes

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

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Data sources

Where this practice's information was retrieved from, and when.

Attachments

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