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Trade war with U.S. hasn't dampened foreign investors' appetite for Montreal
Trade war with U.S. hasn't dampened foreign investors' appetite for Montreal

Montreal Gazette

time11-07-2025

  • Business
  • Montreal Gazette

Trade war with U.S. hasn't dampened foreign investors' appetite for Montreal

Foreign investment is on the rise in Montreal despite Canada's trade war with the United States. A Montreal economic development agency says the value of investment from foreign companies rose 55 per cent to $1.69 billion during the first six months of the year compared with the same period in 2024. Preliminary data from Montréal International says the agency this year supported 29 projects in the greater Montreal area that created 1,866 jobs with an average salary of $101,000. And despite tariffs imposed by U.S. President Donald Trump — and his recent threats to impose more — 46 per cent of foreign investment in Montreal so far this year is from American companies. Stéphane Paquet, CEO of Montréal International, says the uncertainty around immigration is hurting investment in the city more than the trade war is. Paquet says companies are looking for more stability in provincial and federal immigration policies so that firms can better predict labour market trends.

Trade war with U.S. has not dampened foreign investors' appetite for Montreal
Trade war with U.S. has not dampened foreign investors' appetite for Montreal

Global News

time11-07-2025

  • Business
  • Global News

Trade war with U.S. has not dampened foreign investors' appetite for Montreal

See more sharing options Send this page to someone via email Share this item on Twitter Share this item via WhatsApp Share this item on Facebook Foreign investment is on the rise in Montreal despite Canada's trade war with the United States. A Montreal economic development agency says the value of investment from foreign companies rose 55 per cent to $1.69 billion in the first six months of the year compared to the same period in 2024. Preliminary data from Montréal International says the agency this year supported 29 projects in the greater Montreal area that created 1,866 jobs with an average salary of $101,000. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy And despite tariffs imposed by U.S. President Donald Trump — and his recent threats to impose more — 46 per cent of foreign investment in Montreal so far this year is from American companies. Stéphane Paquet, CEO of Montréal International, says the uncertainty around immigration is hurting investment in the city more than the trade war is. Paquet says companies are looking for more stability in provincial and federal immigration policies so that firms can better predict labour market trends. Story continues below advertisement This report by The Canadian Press was first published July 11, 2025.

Trade war with U.S. has not dampened foreign investors' appetite for Montreal
Trade war with U.S. has not dampened foreign investors' appetite for Montreal

Hamilton Spectator

time11-07-2025

  • Business
  • Hamilton Spectator

Trade war with U.S. has not dampened foreign investors' appetite for Montreal

MONTREAL - Foreign investment is on the rise in Montreal despite Canada's trade war with the United States. A Montreal economic development agency says the value of investment from foreign companies rose 55 per cent to $1.69 billion in the first six months of the year compared to the same period in 2024. Preliminary data from Montréal International says the agency this year supported 29 projects in the greater Montreal area that created 1,866 jobs with an average salary of $101,000. And despite tariffs imposed by U.S. President Donald Trump — and his recent threats to impose more — 46 per cent of foreign investment in Montreal so far this year is from American companies. Stéphane Paquet, CEO of Montréal International, says the uncertainty around immigration is hurting investment in the city more than the trade war is. Paquet says companies are looking for more stability in provincial and federal immigration policies so that firms can better predict labour market trends. This report by The Canadian Press was first published July 11, 2025.

Trade war with U.S. has not dampened foreign investors' appetite for Montreal
Trade war with U.S. has not dampened foreign investors' appetite for Montreal

CTV News

time11-07-2025

  • Business
  • CTV News

Trade war with U.S. has not dampened foreign investors' appetite for Montreal

Foreign companies invested more money than last year in the greater Montreal area despite threats from U.S President Donald Trump. "Bonjour Montreal" in giant letters in front of downtown on July 6, 2023. THE CANADIAN PRESS/Ryan Remiorz MONTREAL — Foreign investment is on the rise in Montreal despite Canada's trade war with the United States. A Montreal economic development agency says the value of investment from foreign companies rose 55 per cent to $1.69 billion in the first six months of the year compared to the same period in 2024. Preliminary data from Montréal International says the agency this year supported 29 projects in the greater Montreal area that created 1,866 jobs with an average salary of $101,000. And despite tariffs imposed by U.S. President Donald Trump — and his recent threats to impose more — 46 per cent of foreign investment in Montreal so far this year is from American companies. Stéphane Paquet, CEO of Montréal International, says the uncertainty around immigration is hurting investment in the city more than the trade war is. Paquet says companies are looking for more stability in provincial and federal immigration policies so that firms can better predict labour market trends. --- Stéphane Rolland, The Canadian Press This report by The Canadian Press was first published July 11, 2025.

Trade war with U.S. has not dampened foreign investors' appetite for Montreal
Trade war with U.S. has not dampened foreign investors' appetite for Montreal

Winnipeg Free Press

time11-07-2025

  • Business
  • Winnipeg Free Press

Trade war with U.S. has not dampened foreign investors' appetite for Montreal

MONTREAL – Foreign investment is on the rise in Montreal despite Canada's trade war with the United States. A Montreal economic development agency says the value of investment from foreign companies rose 55 per cent to $1.69 billion in the first six months of the year compared to the same period in 2024. Preliminary data from Montréal International says the agency this year supported 29 projects in the greater Montreal area that created 1,866 jobs with an average salary of $101,000. And despite tariffs imposed by U.S. President Donald Trump — and his recent threats to impose more — 46 per cent of foreign investment in Montreal so far this year is from American companies. Stéphane Paquet, CEO of Montréal International, says the uncertainty around immigration is hurting investment in the city more than the trade war is. Monday Mornings The latest local business news and a lookahead to the coming week. Paquet says companies are looking for more stability in provincial and federal immigration policies so that firms can better predict labour market trends. This report by The Canadian Press was first published July 11, 2025.

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