Montreal's Foreign Investment Surges to New High

0:00Greater Montreal pulled in $2.628 billion in foreign investment last year across 54 projects creating or keeping 3,720 jobs with an average salary of $114,000, a new record high. That total held steady compared to 2024's $2.7 billion from 59 projects, even with global economic headwind slowing, things down everywhere else. Users are calling it a win, with over 75% coming from foreign firms already here expanding operations. Thanks to the skilled, workers in solid business vibe, it's set to bring in 154 million in Quebec taxes, 115 million federally, and 39 million locally from property. Aerospace led with over 600 million, alongside big pushes in green energy, renewables, AI, IT, and video games, spreading investments across, the island, long whale, leval, and

1:00the North Shore. Montreal's also stepping up as a hub for international orgs by the Flight Safety Foundation and writes plus resources, with help processing too. 128 were permits to hold on to talent, positioning the city to snag even bigger players down the line. I'm Corey with the story. That's your Canada News today update, AI powered and always on.