I think kool is underestimating Montreal's economic importance. The economy here is very diverse, so it doesn't dominate in any one sector. But you have tech companies like Lightspeed that are HQ'd here, or foreign companies like Ubisoft that are technically headquartered elsewhere but have their base of operations here. There are aerospace companies and pharma companies and big engineering or architecture firms that do a lot of international work. There are a lot of international organizations including a bunch of UN headquarters.
And then you have homegrown companies that quietly dominate their industries like Couche-Tard, which is now the largest convenience store operator in the world, bigger than 7-Eleven – big enough to have been on the verge of acquiring Carrefour before it was blocked by the French government.
I've heard the "tourism economy" thing before but it's objectively not true. Tourism in Greater Montreal is worth about $500 million each year, which is only a fraction of the overall GDP, which is $235 billion.
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Originally Posted by Martin Mtl
St-Denis is not struggling badly. In fact, it's doing pretty well these days with many new shops opening and the REV making it even more attractive.
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Yes, St-Denis is doing better than at any point in the past 10 years. Lots of new businesses opening and crucially it has become a streetwear destination for teenagers and early 20-somethings.