Support measures: $25 million for downtown

Last updated March 24, 2021
Reading time: 2 min

One year after the start of the pandemic, the city and the Québec government are continuing to support downtown Montréal. They will contribute $25 million toward measures to revitalize this geographic area, hit particularly hard by COVID-19.

The Québec government is investing $15 million and Montréal $10 million to carry out tangible short-term actions to reimagine the role of the downtown area.

Assistance for businesses

  • Expansion of the Fonds Entrepreneuriat commercial - $4 million
    • Managed by PME MTL, the city’s business support network, this fund helps merchants, restaurant owners and bar owners.
  • Conversion of offices into collaborative spaces - $2 million
    • This subsidy program is designed to attract small businesses to the downtown core. SMEs can get support to arrange their office layout.

Developments in the downtown area

  • Initiatives to make the downtown core attractive to workers and visitors - $6 million

These initiatives will include various approaches:

  • Developing a return-to-work protocol in collaboration with the Direction régionale de santé publique de Montréal and other stakeholders. 
  • Supporting cultural and tourist activities.
  • Making large commercial streets active, pleasant and safe environments, to attract consumers while maintaining physical distancing. 
  • Designing outdoor work spaces to encourage activities and initiatives such as co-working.
  • Revitalization of Chinatown - $2 million
    • Supporting activities to revitalize this renowned district, which is home to more than 150 businesses employing about 500 people.

Supporting cultural, commercial and tourism vitality

  • Supporting fine dining - $2 million
    • Campaign to promote fine dining and support restaurant owners
  • Supporting the “Recovery plan for downtown Montréal” implemented by the Quartier des spectacles in partnership with the Montréal centre-ville commercial development corporation - $3 million

Improving workers’ and visitors’ experience

  • Stepping up efforts to keep streets and construction sites clean - $1 million
  • Extending free parking - $3 million

Supporting the transformation over the longer term

  • Renewing strategies in collaboration with community partners and budget for contingencies - $2 million

To better understand its downtown’s needs and to provide concrete solutions, Montréal, in collaboration with Ottawa, Toronto, Calgary, Edmonton and Vancouver, commissioned the study “The Impact of COVID-19 on the Downtown Areas of Canada’s 6 Major Cities,” which was conducted by PwC. Learn more.

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