Another $7 million in assistance for downtown Montréal
Montréal is continuing to bolster the vitality of its city centre with the second phase of its downtown recovery plan. It can now count on additional funding of $7 million from the gouvernement du Québec. This investment will help reinvigorate an area significantly affected by the pandemic.
Three measures are being deployed under Phase 2 of the Recovery Plan in 2022 and 2023:
1 – Support for vulnerable businesses – $3.5 million
To help merchants, restaurateurs, bar owners and entertainment venues continue to operate safely in light of the pandemic.
2 – Measures to increase attendance and support for creative and cultural activities – $3 million
To provide a vibrant, diversified cultural program across the downtown area.
$1.6 million for urban activity spaces:
- Installation of 3 “Giants”in the form of gigantic animated characters during the presentation of circus shows
- Temporary occupation of vacant spaces for artists’ studios
- Support for cultural projects accessible to the public free of charge
- Projection of an interactive mural.
$1.4 million for eclectic programming throughout the year:
- Strategic cultural interventions that will allow cultural and creative industry players to pool and redevelop their outdoor spaces
- Presentation of a rich summer cultural program and integration of new festivals
- Financing of new pooling actions between promoters of major events.
3 – Collect and share downtown data – $500 thousand
Collecting and analyzing socio-economic data to identify initiatives that will ensure the long-term recovery and development of the downtown core.
These measures are in addition to the $25 million invested in municipal and provincial initiatives under Phase 1 of the recovery plan.
Montréal is investing in its downtown core
In addition to stimulus funding, Montréal is allocating nearly $30 million to support downtown cultural and social inclusion projects. Over the next 10 years, it plans to inject $1 billion into constructing quality public spaces and facilities.
Contact Affaires Montréal