Français
Categories
    • Heritage and History
    • Libraries
    • Parks and Nature
    • Shows and Exhibitions
    • Sports and Recreation
    • City Vendors
    • Funding and Assistance
    • Innovation and Research
    • Permits and Authorizations
    • Sectors of Development
    • Accessibility
    • Diversity
    • Neighbourhood Life
    • Prevention and Social Action
    • Air Quality
    • Ecological Transition
    • Soil Quality
    • Trees and Gardens
    • Waste and Recycling
    • Water and Waterworks
    • Disaster Risks
    • Police and Firefighters
    • Public Health
    • Sanitation and Nuisances
    • Buying and Selling a Home
    • Homes
    • Outdoor Development and Maintenance
    • Renovation and Construction
    • Cleanliness
    • Construction and Street Closings
    • Snow Removal
    • Travel and Transportation
    • Administration
    • Awards and Distinctions
    • Boroughs
    • Budget and Financial Profile
    • City Hall and Elected Officials
    • Jobs
    • Organizations and councils
    • Publications and Data
    • Pets
    • Wildlife
    • Public Consultations
    • Resident Initiatives
    • Rights and Recourses
    • Municipal Taxes
    • Property Assessment
    • Inspections and Prevention
    • Municipal Court
    • Heritage and Place Names
    • Urban Design
    • Urban Projects
Services
  • Points of Service
  • Parks
  • Libraries
  • Ecocentres
  • Municipal Arts Centres
  • Sports Facilities
Calendar
  • All Events
  • Councils and Committee
  • Public Consultations
Contact Us
  • Administration
  • The Mayor
  • Elected Official
  • Media Relations
311
  • Report a Problem
  • File a Claim
  • News feed
  • My services
  • My requests
  • My tasks
  • My profile
  • My account settings
  • My notification preferences
  • Services
  • Applications and Requests
  • Tasks
  • Activity log
  • Members
  • Information
  1. Home
  2. Articles
  3. Plan and Strategy

2020 economic recovery plan

Last updated November 25, 2020
Reading time: 3 min
RelatedCoronavirus (COVID-19)

Due to the unprecedented health and economic crisis, Montréal has implemented a recovery plan. The plan, titled “A Boost for the City: Acting Now” consists of 20 measures to support organizations, business owners and businesses in the Montréal agglomeration.

The plan is the result of major mobilization from Montréal’s business community and has three objectives: 

  • Stabilizing and supporting the economy, short term
  • Reinventing the city’s economic development 
  • Mobilizing all partners for green and inclusive economic development

20 tangible support measures

To support the economic ecosystem, the city has implemented 20 measures that represent a total investment of nearly $22 million through its Réflexe Montréal agreement with the government of Québec. These measures, which are organized under four areas of focus, will be launched over a six-month period and set out developmental steps for the long term.

Focus area 1: Putting business at the heart of recovery ($5.6 million)

Measure #1. Support Montréal’s commercial development corporations and the Association des Sociétés de développement commerciales de Montréal (ASDCM)
Measure #2. Support the implementation of new, creative experiences on commercial streets
Measure #3. Make urban delivery service by bike or zero-carbon transportation permanent- Find out more (in French)
Measure #4. Create a centralized source for data about commercial occupancy
Measure #5. Promote temporary or transitory occupancy of vacant spaces
Measure #6. Improving social funding campaigns to support the reopening of businesses - Find out more (in French)
Measure #7. Develop an economic policy around nightlife

Focus area 2: Helping companies do business differently ($4.8 million)

Measure #8. Increase guidance for Montréal companies with a view to resilience and innovation - Free support and access to microcredit
Measure #9. Stimulate innovation by helping startups work with large organizations
Measure #10. Increase support for social economy companies

Focus area 3: Reinventing the area’s economic development ($10.5 million)

Measure #11. Launch a strategy to promote circular economy
Measure #12. Accelerate planning and decontamination of commercial vacant lots in eastern Montréal
Measure #13. Promote innovative development and sustainable mobility practices
Measure #14. Launch the artists’ workshop program
Measure #15. Launch the program for private theatres, alternative showrooms and independent movie theatres - Learn more
Measure #16. Support transitory occupancy projects

Focus area 4: Mobilizing the economic ecosystem and stimulating renewed economic engagement ($1.1 million)

Measure #17. Support Montréal’s international economic growth and the internationalization of its companies - Learn more
Measure #18. Implement and support tangible creation and data sharing
Measure #19. Support the development of new skills to meet the needs of companies and workers
Measure #20. Develop a directory of urban solutions in collaboration with the research community

All of the city’s leverage for recovery

Montréal is mobilizing all of its services, assets and tools for economic recovery, in particular through infrastructure projects, innovative housing projects and initiatives for the arts and tourism.  

As well, a number of financial incentives for private investments in the areas of business, social economy, sustainable building and land rehabilitation will contribute to recovery efforts.

The city is also launching a project to improve its supply processes through local, responsible purchasing. 

Taxation is another economic development tool through which the city is assessing possible ways of taking part in recovery. To this end, it has already postponed the deadline for real estate taxes and commercial development corporation dues.

Montréal also plans to develop very short-term design solutions for public areas on commercial streets in order to integrate and organize outdoor spaces for food, drink and sales. 

See the full version of the recovery plan (in French)

Plan de relance économique - Juin 2020
Action planPlan de relance économique - Juin 2020
PDF 4 MB (in French)
Download

See the summary version of the recovery plan

  • Montréal’s economic recovery plan, Summary - June 2020 [PDF 1 MB]

Contact us

These measures will be rolled out over the next few months.

Fill out this form to receive information.

If you have any questions, contact us Monday to Friday, from 8 a.m. to 4 p.m., at  514 394-1793.

Tags

  • Business and Innovation

Further reading

  • Support for social economy businesses
  • Support for merchants

Did you find what you need?

Help us make our site better.

Please explain what could be improved.
Emergency measures

COVID-19

Montréal is at the maximum alert level. Curfew in effect from 8 p.m. to 5 a.m.
Stay informed
Back to top
My account
  • About my Account
  • Create an Account
  • Notices and Alerts
Contact us
  • Contact the City
  • Report a Problem
Work with us
  • Call for Bids
  • City Vendors (in French)
  • Jobs
Visiting Montréal
  • City Hall
  • MTLWiFi
  • Tourisme Montréal
About us
  • Logo and Visibility Standards
  • Medias
  • Montréal Charter of Rights and Responsibilities
  • News Releases
  • Public Notices
Follow us
  • Facebook
  • LinkedIn
  • Twitter
  • Youtube
Boroughs
Boroughs
  • Ahuntsic-Cartierville (in French)
  • Anjou (in French)
  • Côte-des-Neiges–Notre-Dame-de-Grâce
  • L'Île-Bizard–Sainte-Geneviève
  • Lachine
  • LaSalle
  • Le Plateau-Mont-Royal (in French)
  • Le Sud-Ouest (in French)
  • Mercier–Hochelaga-Maisonneuve (in French)
  • Montréal-Nord (in French)
  • Outremont (in French)
  • Pierrefonds-Roxboro
  • Rivière-des-Prairies–Pointe-aux-Trembles (in French)
  • Rosemont–La Petite-Patrie (in French)
  • Saint-Laurent
  • Saint-Léonard (in French)
  • Verdun
  • Ville-Marie (in French)
  • Villeray–Saint-Michel–Parc-Extension (in French)
  • Accessibility
  • Privacy
  • Legal notice
Français