François Dupuis, Vice-President and Chief Economist
Mathieu D’Anjou, Deputy Chief Economist • Hélène Bégin, Senior Economist
Montreal’s Economy Is the Driving Force Behind Quebec’s Economy Once Again
The Montreal census metropolitan area (CMA) has made huge strides in recent years, dispelling the climate of gloom that had persisted for so long. The metropolis had lost its role as the locomotive moving Quebec’s economy forward. Several economic indicators showed a trend similar to that of the rest of Quebec, and the Montreal CMA was no longer the driving force. Taking into account a demography that is clearly more positive than elsewhere in Quebec, the metropolis’s potential for economic growth is, in fact, higher. Greater Montreal’s economy picked up speed once again in recent years and is now running at full throttle. Let’s dissect this resurgence.
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