Quote:
Originally Posted by Truenorth00
I think there's real limits to this idea. The smaller the market the lower down the value chain its industry, Unless there's genuine industrial strategy to manage and benefit industrial and talent development. You seem this in Canada at large, where we have to Duchy really hard to win manufacturing. Plenty of interest in just extracting resources here though. A substantially smaller country would have an even higher hill to climb. And that's before considering major Canadian corporations that either base substantial operations or HQs in Quebec that benefit from Canada's size or protectionism. I doubt Montreal's aerospace sector or airlines would be the same size after separation.
|
It's been mentioned before that Montreal actually doesn't seem to benefit that much economically from being the second city in Canada, at least not as much as you'd think considering that it's not that far from Toronto geographically and population-wise, and that it's generally cheaper.
I don't think that that many corporations that aren't owned by Québécois OR required by post-privatization legislation to have a Montreal head office (think Air Canada or CN Rail) are headquartered in Quebec these days.
A huge chunk of corporations that aren't owned or controlled by people you might consider Québécois (note I'd consider people like the Saputo family Québécois obviously) already left Montreal for other parts of Canada. There are some residual ones still here of course but perhaps most notably almost no emerging Canadian corporations are being established in Quebec - unless of course they are controlled by Québécois.
Which is normal to some degree - a large share of Toronto's economy originates with Toronto and Ontario people, but people or groups of people from other parts of the ROC still establish corporations in Toronto or the GTA. They don't generally do that in Montreal or Quebec.