At a Glance <\/p>\n
Source: Ministre de lconomie, de lInnovation et des Exportations (MEIE), 2014 <\/p>\n
Greater Montral is a major world aerospace centre. A world-class industry hub featuring the likes of Bombardier, Bell Helicopter Textron, CAE, Pratt & Whitney and more than 200 specialized companies makes it an ideal location for investors looking to conquer the North American market. <\/p>\n
Greater Montral is located in the heart of a vast free trade zone governed by the North American Free Trade Agreement (NAFTA), with a market ofabout 500million consumers. <\/p>\n
Montral is just a 90-minute flight from other major business centres like Boston and New York City, and less than an hours drive from the U.S. border. <\/p>\n
Air Transportation <\/p>\n
The region is served by two international airports: Montral-Trudeau (passengers) and Montral-Mirabel (freight), and by a regional airport. Some 50 airlines offer direct flights to 130 destinations in Canada, the United States and around the world. <\/p>\n
Shipping <\/p>\n
The Port of Montral, with service to and from more than 100 countries, offers the most direct link between Europe and North Americas industrial heartland. <\/p>\n<\/p>\n
See a map of Montral in North America <\/p>\n
Looking to get closer to the key players in the aerospace industry? Welcome to Greater Montral. With a rich and diverse industrial base, the region is one of the worlds three major aerospace centres, along with Seattle and Toulouse. <\/p>\n
Whether multinationals or SMEs, Canadian or foreign, themore than210 businesses in the aerospace sector are recognized leaders in the field. <\/p>\n
Four industry giants: <\/p>\n
Did you know? <\/p>\n
85% of the worlds commercial flight simulators are designed in the Montral area by CAE. <\/p>\n
13 system integrators, equipment manufacturers and MRO specialists: <\/p>\n
Nearly 200 specialized sub-contractors and service providers, including C&D Zodiac, Groupe Avianor, RTI Claro, AAA Canada, Marquez Transtech and Marinvent. <\/p>\n
Did you know? <\/p>\n
Every three seconds, a Bombardier aircraft takes off or lands somewhere in the world. <\/p>\n
Greater Montrals Major Advantage <\/p>\n
ICAO, ACI, IFALPA, IATA, CANSO, IBAC, and more 10 of the leading civil aviation and aerospace international organizations have their head offices in Greater Montral. Being close to decision-making centres is good for business. <\/p>\n
Did you know? <\/p>\n
In recent years, Pratt & Whitney Canada has produced more than 70 new engine modelsa record. <\/p>\n
Between orders to fill and ambitious development projects like Bombardiers new CSeries, the region is bustling with activity and regularly attracts new foreign investors. <\/p>\n
Numerous European and U.S. companies recently chose to set up in Greater Montral to position themselves for success. <\/p>\n
Source: Montral International, 2011 <\/p>\n
What Aerolia Has to Say <\/p>\n
Greater Montral has a dense, competent aerospace industrial fabric, a recognized level of creativity and excellent research structures, including the National Research Council Canada, which will be our partner. <\/p>\n
Marie-Agns Vve,CEO Aerolia Canada <\/p>\n
Myriad Business Opportunities <\/p>\n
The sectors growth and the rapid development of technology constantly create new needs and generate new opportunities for businesses from all over the world that combine know-how and innovation. <\/p>\n
Did you know? <\/p>\n
In one decade, C&D Zodiac outfitted the interiors of more than 300 Bombardier planes and saw its workforce grow tenfold, from about 60 employees to approximately 630 today. <\/p>\n
The aerospace cluster and the educational landscape in Greater Montral have one thing in commontheir international renown. Over the years, they have built connections and developed made-to-measure programsbasic training and professional developmentto target the industrys real needs. <\/p>\n
Companies that set up in the region can count on: <\/p>\n
Source : Ministre de lducation, du Loisir et du Sport, 2011<\/p>\n
Did you know? <\/p>\n
One person out of 92 works in aerospace in Greater Montral, compared with one out of 389 in Canada and one out of 269 in the United States. <\/p>\n
Source : Bureau of Labor Statistics, 2011 and Statistics Canada, 2011 <\/p>\n
Source: Statistics Canada, 2014 <\/p>\n
Did you know? <\/p>\n
Canada is home to the worlds best-educated workforce, with the highest proportion of post-secondary graduates among OECD countries <\/p>\n
Source: Organization for Economic Co-operation and Development, 2012 <\/p>\n
Close ties between businesses in the industry and the Qubec education system through the Comit sectoriel de la main-duvre arospatiale au Qubec (CAMAQ) <\/p>\n
A multilingual workforce: 54% of the population is bilingual andclose to20% is multilingual (three languages and more)a key asset for businesses targeting international markets <\/p>\n
What a World Leader Has to Say <\/p>\n
We benefit from an impressive pool of engineers in Montral, which is where all of our simulators are developed. I like pointing out that the majority of commercial pilots navigating the skies today have been trained on simulators designed and built in Montral. <\/p>\n
Marc Parent, President and CEO, CAE <\/p>\n
The Greater Montral research community reflects and bolsters the strengths of the aerospace sector: all the players are focused on the future and invest heavily in R&D, with the involvement of schools, universities and many high-level research organizations. <\/p>\n
This flair for innovation extends throughout the sector and makes Greater Montral a leader in technological advances. A few examples: <\/p>\n
Development engineering: For more than 15 years, businesses in Greater Montral have successfully certified aircraft every year thanks to close cooperation between the various contributors, from R&D to manufacturing, including training institutions (AKKA technologies, Assystem Canada). <\/p>\n
Landing gear and corporate jet interior design: Through constantly-evolving innovative processes, some businesses in Greater Montral have developed advanced expertise in these fields (Messier-Bugatti-Dowty (Groupe Safran), Bombardier Aerospace, C&D Zodiac, Hroux-Devtek). <\/p>\n
Aircraft qualification and certification: Greater Montral has the technological capacity, facilities and top-notch expertise to qualify and certify aircraft and aircraft parts (Averna, Marinvent). <\/p>\n
Did you know? <\/p>\n
Greater Montral has the most research centres in Canada. <\/p>\n
University research institutes: <\/p>\n
Did you know? <\/p>\n
Greater Montral has been Canadas leader in university research since 1999. <\/p>\n
Source: Statistics Canada, 2013 <\/p>\n
Aerospace organizations: <\/p>\n
Aerospace ecology research centres: <\/p>\n
Industrial research organizations in great demand by the aerospace industry: <\/p>\n
According to KPMG, Greater Montral rankedfirst in 2014 for competitive total operating costs among North American metropolitan areas, including those specializing in Aerospace. <\/p>\n
This includes taxation, salaries and benefits, energy, transportation, rent and professional services. <\/p>\n
What AV&R Vision & Robotics Has to Say <\/p>\n
We plan to expand in the region and then in Europe to serve our clients, but we feel very much at home in Montral, at the crossroads of European and U.S. technological cultures and commercial traditions. Montral is a city with a great reputation where our clients are always very happy to pay us a visit. <\/p>\n
ric Beauregard, President and CEO, AV&R Vision & Robotics <\/p>\n
A wide range of government-backed financing assistance and programs are available to help you set up and grow your business in the Montral region. Getting support at every stage of development is essential for staying competitive. <\/p>\n
The Strategic Aerospace and Defense Initiative (SADI), which covers up to 30% of the cost of strategic R&D projects, through refundable contributions. <\/p>\n
The Scientific Research and Experimental Development (SR&ED) program, which offers 15% tax credits allocated by the Government of Canada and 14% by the Government of Qubec (refundable in Qubec). <\/p>\n
Scenario 1 ($):Scientific Research and Experimental Development (SR&ED) tax incentive program, 2014 <\/p>\n
Assumptions1: <\/p>\n
Notes:1. This model takes into consideration recent changes made to certain tax credits (2012 and 2014) and is thus valid as of fiscal 2014. 2.Only 80% of the amount paid to a subcontractor is eligible for a federal tax credit and 50% for a Qubec tax credit. 3.For the purposes of calculating the combined rate of the credit, the tax credit from the government of Qubec is applied against the federal tax credit. <\/p>\n
Source: Deloitte, Tax Incentive Programs in Qubec-IT, january 2011, Compilation: Montral International, 2014 <\/p>\n
Assistance for foreign researchers and experts, with a tax exemption on taxable income in Qubec for up to five years (exemption of 100% the first two years, 75% the third year, 50% the fourth year and 25% the fifth year). <\/p>\n
Assistance for job creation and training, up to 25% of eligible costs to implement a training plan and 50% of costs to implement human resources management services. <\/p>\n
Assistance for major projects through the ESSOR fund: Contributions (refundable or not) and loan guarantees. <\/p>\n
Greater Montral offers aerospace businesses an attractive tax environment: the corporate taxation rate here is one of the lowest on the continent, at 26.90%. Businesses conducting research activities may also benefit from generous tax credits, which further reduce their tax burden. <\/p>\n
The tax burden here is lower by almost80% (R&D companies) and 30% (manufacturers) compared to other North American cities specializing in aerospace. <\/p>\n
Total Tax Burden Index, Average for R&D Sectors (Average for U.S. cities = 100) Selected North American Cities Specializing in Aerospace, 2014 <\/p>\n
Source: KPMG, 2014 <\/p>\n
Total Tax Burden Index, Average for Manufacturing (Average for U.S. cities = 100) Selected North American Cities Specializing in Aerospace, 2014 <\/p>\n
Source: KPMG, 2014 <\/p>\n
Setting up in the region gives you preferential access to all aerospace leaders. The sector has created an organization, Aro Montral, which unites all stakeholders around a common vision and defends the clusters interests at the local, national and international levels. <\/p>\n
Aro Montral is a strategic think tank created in 2006 that groups all of the major decision makers in Qubecs aerospace sector, including companies, educational and research institutions, associations and unions. <\/p>\n
An essential mission: Unite and support all industry stakeholders around common goals and concerted action. <\/p>\n
Clear objectives: Accelerate and maximize competitiveness, growth and industry expansion. <\/p>\n
Strategic themes: Supply chain, workforce and succession, innovation, image of the industry and national and international expansion, defense and national security, marketing, development of new markets. <\/p>\n
What ICAO Has to Say <\/p>\n
Montral is also known for its ethnic and cultural diversity, lifestyle, safety and reasonable cost of livinga very favourable combination of factors for an organization like ours, not to mention the unwavering support of Montral International. <\/p>\n
Raymond Benjamin,Secretary General of International Civil Aviation Organization (ICAO) <\/p>\n
For many IOs before you, setting up or expanding their operations in Greater Montral proved to be a strategic decision. And a smart choice toothanks in part to Montral International, who guided and supported them BEFORE, DURING and AFTER the process. <\/p>\n
Detailed information on the regions industry clusters <\/p>\n
Comparative data on the socioeconomic environment: taxation, operating costs, market access, labour, R&D <\/p>\n
Help with finding business opportunities and key partners <\/p>\n
Strategic, personalized and confidential advice for businesses setting up their operations in the area <\/p>\n
Advice on available sources of financing: venture capital, subsidized loans <\/p>\n
Expertise to help you take full advantage of tax and financial incentives <\/p>\n
Preferential access to the Greater Montral business community: private and public organizations; municipal, provincial and federal bodies; universities, training and research centres; financial networks <\/p>\n
<\/p>\n
Read this article: <\/p>\n
Aerospace - Montreal International<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" At a Glance Source: Ministre de lconomie, de lInnovation et des Exportations (MEIE), 2014 Greater Montral is a major world aerospace centre. A world-class industry hub featuring the likes of Bombardier, Bell Helicopter Textron, CAE, Pratt & Whitney and more than 200 specialized companies makes it an ideal location for investors looking to conquer the North American market. Continue reading