According to various reports online, Montreal is the new housing hotspot for Chinese buyers as Toronto and Vancouver levies foreign buyer tax.
The list of best Canadian cities for entrepreneurs is lead by Vancouver, but if the west coast’s high real estate prices or damp climate are not your things, there are several other options in Canada.
Working has never been so fun since the introduction of one of the most fabulous ideas, coworking. You may have for long been wondering where to find the most suitable coworking space in Montreal that fulfils your needs. Worry no more because in this article we’re going to walk you through our favourite 10 of them.
Montreal’s Centech is one of the largest business accelerators in Canada and has received attention from across the country and more applicants than it can handle. One of the largest tech-company launchers in the country is a relatively unknown entity, an article in the Financial Post said. It added that Montreal’s Centech is home to technopreneurs from 26 universities in 11 countries across varied disciplines.
The trend of using technology to propel older business models, which is seen abundantly in San Francisco’s Silicon Valley, is now also flourishing in the technology hubs of Toronto and Montreal and Vancouver’s startups.
Entrepreneurs at Montreal feel that a discussion on how their businesses are bringing benefits to the community is missing, and people are instead focusing on rising rents and the new shops that offer higher-priced products in what was a traditionally working-class area.
The Canadian start-up ecosystem’s growth is reflected in the number and size of investment deals made in 2018. PwC and CB Insights’ MoneyTree report broke down the five Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.
Betakit, a media company that follows Canadian start-ups and tech innovations, recently released a list of 10 Montreal startup companies to watch in 2019.
According to an article in Bloomberg, Vancouver is on pace to lose its status as Canada’s second largest housing market to Montreal.
According to a report by Canada Mortgage and Housing Corp, a majority of landlord investors who bought properties in large, high-rise condominium buildings in downtown Montreal are not collecting enough rent to recoup their operating expenses.