What do they contribute to the economy and what are the risks they face? We recently conducted a survey to answer these questions. Here are our main findings.
In its September 2017 edition, U.S. magazine Site Selection named Investissement Québec one of the top three economic development agencies in Canada.
GlobalStep, a world leader in games quality assurance based in Dallas, is establishing a major presence in Montréal after acquiring Bug-Tracker as part of its global expansion program. Some of the initiatives the company is considering in Montréal include the further development of artificial intelligence in data analytics for video games.
The U.S.-based multinational has just opened its second Canadian client innovation centre, in downtown Montréal. It plans to hire 500 people over the next four years to support its Canadian clients in their digital transformations.
French multinational Soprema will invest $42.8 million, twice the amount announced in 2016, to build in Sherbrooke its first North American plant to manufacture extruded polystyrene boards for the building industry. The new plant is set to be operational by May 2018.
After New York, Paris and Menlo Park, Facebook will open its next artificial intelligence research lab, its first in Canada, in Montréal, and invest $7-million in the city’s AI community.
Investissement Québec has teamed up with the Next BIG Idea contest to give Indian startups a chance to take a shot at Canada. This fall, the winners will visit Vancouver, Toronto and Montréal, where they will meet with our representatives.
The French multinational will invest $780 million in Québec to expand its operations, open two new studios and hire 1,000 people by 2027. This is the company’s most ambitious growth plan since it first arrived in Québec 20 years ago.
The company announced a $30-million investment to retrofit its Lachine plant with state-of-the-art equipment and boost its productivity. An important milestone in the company’s history in Montréal, according to Robert Fleury, Vice-President for Eastern Canada.
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Together, the two French companies will invest nearly $30 million in their Québec facilities, with financial support from the Québec government. These major projects announced at the International Paris Air Show - Le Bourget will be carried out in collaboration with Investissement Québec.
The Québec Life Sciences Strategy aims to attract $4 billion in private investments to the province by 2022.
MacDonald, Dettwiler and Associates plans to invest $202 million to establish a centre of excellence in satellite manufacturing in Montréal to produce next-generation satellite systems.
P&WC produced its 100 000th engine in Longueuil, Québec, this month, a testament to the manufacturer's rich history of innovation in Canada and long-established commitment to investing in R&D.
Paris-based ICT company Praxedo will set up its Canadian subsidiary in Montréal to accelerate its global expansion in North America.
The Austrian manufacturer of high-class interiors for business and private jets will invest $20 million to set-up a new production facility in Montréal by the end of 2017.
The 2017–2018 Québec budget, provides for an additional $125 million to promote the development of the innovative manufacturing sector, $100 million to create a super-cluster for artificial intelligence research and $5 million to enhance Investissement Québec’s international business development activities.
GE Canada is set to launch three new automation projects at its aircraft engine component manufacturing facility in Bromont, Québec.