INDUSTRIAL PROFILE OF SAINT-LAURENT

Located a few minutes from downtown Montreal, Saint-Laurent covers an area of 43 square kilometers, making it Montreal's biggest borough and one of Quebec's key industrial hubs.

 

 

In 2018:

  • 4,540 businesses established in Saint-Laurent
  • 138 new businesses set up in the territory in 2018
  • 109,085 jobsincluding 33,599  manufacturing jobs
  • $1 billion invested in Saint-Laurent by businesses in the industrial and tertiary sectors
  • $715 millioninvested in Saint-Laurent by manufacturers

 

Vital infrastructures

Close to Pierre-Elliott-Trudeau International Airport (Dorval), Saint-Laurent is bordered by highways 13, 15, 20 and 40. Two metro stations, two train stations and 35 bus lines make the borough highly accessible.

 

Economic benefits of synergy

Saint-Laurent is home to three cutting-edge industrial clusters:

  • aerospace,
  • life sciences (health)
  • information and communications technologies (ICT)

 

The dynamic of these business clusters results in increased productivity and the dissemination of knowledge. Consult the Business Directory by business sector to get a sense of the economic strength generated by these concentrations of interconnected businesses.

 

Saint-Laurent firms have high growth potential. In addition, the borough's diversified and cluster-based economy favours synergies between small and large businesses. Subcontracting networks ensure integration of industrial and strategic hubs.

 

A state-of-the-art technology hub

The Saint-Laurent Campus of Technoparc Montréal (TM), formerly Technoparc Saint-Laurent, is located on the territory served by DESTL. With its 20 hectares of land, it is considered the biggest technology park in Canada.

 

TM is dedicated to the development of cutting-edge technology in four key business sectors: aerospace, life sciences, information and communication technologies, and clean technologies.

 

Over the past few years, TM has enjoyed some of the strongest growth in North America. To date, more than $2 billion in investments have been made, resulting in the creation of 6,000 highly skilled jobs, in more than 90 businesses.

 

10 good reasons to invest in Saint-Laurent

 

Discover here the top 10 reasons to invest in Saint-Laurent.

 

History of Saint-Laurent

70% of the territory dedicated to business development

 

In the mid-20th century, Saint-Laurent experienced an industrial boom which, in the space of a few years, saw it become the second largest industrial city in Quebec. Many companies – including large aeronautical firms – set up plants in Saint-Laurent, contributing to its ever-growing economic vitality. In the 1950s, it was home to some 40 businesses.

 

Marcel Laurin was elected mayor in 1959; he would remain in office until 1990. He was instrumental in making Saint-Laurent the second largest industrial hub in Quebec, devoting 70% of its territory to industrial development. His accomplishments include the building of the first metro station in Saint-Laurent and the creation of a high-technology mega-complex, the Technoparc Saint-Laurent, in addition to award-winning residential developments. All just a few minutes from downtown Montreal.

 

In 1970, Saint-Laurent, the second largest industrial city in Quebec, was home to more than 400 companies. The borough still holds this distinction, with more than 70% of its territory dedicated to business development. Its renowned industrial park boasts a first-class technology centre, Technoparc Montréal.

 

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