Local economic development

Last updated May 26, 2021
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Local economic development in Montréal is supported under agreements with various levels of government based on established priorities. The city issues an annual report on its achievements.

Fonds de développement des territoires

The Fonds de développement des territoires, created by the government of Quebec, is geared towards financing local and regional development measures. It is subject to an agreement between the Ministère des Affaires municipales et de l’Habitation (MAMH) and municipalities.

The following annual action priorities for 2019-2020 are set out in the agreement with the Ministère des Affaires municipales et de l’Occupation du territoire. 

  • Promote the growth of companies 
  • Stimulate private and collective entrepreneurship  
  • Focus on know-how and talent  
  • Highlight the city’s area-based economic hubs  
  • Boost the city’s reputation on the national and international stages
  • Support targeted consultation initiatives

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