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Perspective

Montreal has yet to say its last word

April 5, 2017
François Dupuis, Vice-President and Chief Economist • Joëlle Noreau, Senior Economist

As Montreal recovered from the last recession, cynicism and a sense of defeat hung over the city like a dark cloud. The dissatisfaction with the city’s past economic performance and outlooks for the Montreal census metropolitan area (CMA) was palpable. While the region is still not breaking any records, a newfound energy is sweeping through the city. Things have changed since 2010; the inertia that once reigned is fading and long-awaited projects are finally coming to life. The CMA can even start dreaming again, and that alone is a sign of good health. The Montreal CMA has yet to say its last word.

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