Greater Montreal

The Latest Interest Rate Hike Dampens Market Momentum As Summer Approaches

Retrieved on: 
Thursday, July 6, 2023
Optimism, CMA, Greater Montreal, Estate agent, Island, Sale, Bank, Cryptocurrency, Real estate, Property management, Propane

Properties for sale on the market continue to accumulate, but at a slower rate due to few new listings.

Key Points: 
  • Properties for sale on the market continue to accumulate, but at a slower rate due to few new listings.
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • “The spring started with a note of optimism for both buyers and sellers since the Bank of Canada had decided to stop raising its key interest rate after nine consecutive rate hikes.
  • Combined with the effect of buyers returning to the market, May saw a significant upturn in transactional activity,” notes Charles Brant, QPAREB Market Analysis Director.

Company utilizing AI in Li-ion battery technology receives new financial support, generating over 60 jobs in Quebec

Retrieved on: 
Thursday, June 22, 2023
Workforce, Workforce Innovation in Regional Economic Development, Infrastructure, Innovation, Greater Montreal, Research, Creativity, Investissement Québec, Economic development, Artificial intelligence, Growth, Transport, Automation, Software, Renewable energy, ARINC

This support will not only propel the company's growth but also create more than 60 job opportunities within the province of Quebec in the next 36 months.

Key Points: 
  • This support will not only propel the company's growth but also create more than 60 job opportunities within the province of Quebec in the next 36 months.
  • The funds received by UgoWork will have a direct impact on job creation within Quebec.
  • With this financial support, the company plans to expand its workforce in all departments at its Quebec City headquarters.
  • "This financial support will not only allow us to advance our technology but also create meaningful job opportunities within Quebec, fostering economic growth while simultaneously addressing the pressing need for sustainable energy solutions."

$70 MILLION INVESTMENT IN MIRABEL: AVIANOR ANNOUNCES THE CONSTRUCTION OF A CENTER OF EXCELLENCE FOR A220 AIRCRAFT

Retrieved on: 
Tuesday, June 20, 2023
Center of excellence, Heart, ADM, Maintenance, Workforce Innovation in Regional Economic Development, YMX, MACH, Research, Transport, Innovation, Greater Montreal, Government, Airbus A220, Air Canada, A220, Economic development, Knowledge, Growth, Ecosystem, Economy, Safety, SME, MRO, Aircraft, Airline, Renewable energy, Airbus, Montréal–Mirabel International Airport

Avianor will therefore have four (4) additional maintenance lines to accommodate the A220 aircraft and potentially other types of narrow-body aircraft programs, for a total asset of seven (7) maintenance lines in service.

Key Points: 
  • Avianor will therefore have four (4) additional maintenance lines to accommodate the A220 aircraft and potentially other types of narrow-body aircraft programs, for a total asset of seven (7) maintenance lines in service.
  • "The A220 Center of Excellence represents an extremely decisive and significant milestone for Avianor and all our customers, community, partners and suppliers.
  • "The creation of the A220 Center of Excellence reinforces the expertise developed on a product designed, manufactured and assembled in Quebec.
  • "The A220 Center of Excellence is one of the anchor projects in Quebec's Aerospace Innovation Zone.

Closing Ceremonies of the YMCA Challenge, supporting the YMCAs of Québec Foundation $155,000 raised to support 900 vulnerable youth!

Retrieved on: 
Thursday, June 15, 2023
Yoga, Volunteering, Saint-Roch-de-l'Achigan, Quebec, YMCA, Habit, Senior, Health, Banque Nationale, Y, MBA, CDPQ, Dalberg Global Development Advisors, Organization, CFE, IGA, CFF, Swimming, Strategic management, GM, Banjo, Quinn Insurance Ltd v. Price Waterhouse Cooper, Risk management, KPMG, Tourism, Management, Greater Montreal, Cogeco, Kubota

Each year, the YMCAs of Québec provides close to $500,000 in financial assistance to youth and families in the Greater Montreal and Quebec City areas.

Key Points: 
  • Each year, the YMCAs of Québec provides close to $500,000 in financial assistance to youth and families in the Greater Montreal and Quebec City areas.
  • This support allows more than 2,500 people to benefit from the Y's sports and aquatic programming, as well as summer day camps.
  • Taking part in the YMCA Challenge means making a concrete contribution to the well-being of the vulnerable by giving us the opportunity to provide them with financial support.
  • Unprecedented support thanks to an inspiring, high-energy event
    The YMCA Challenge was made possible thanks to the efforts of a dedicated organizing committee.

Montreal Census Metropolitan Area (CMA): Buyers Are Back In Force, Encouraged by the Stabilization of the Market

Retrieved on: 
Monday, June 5, 2023
CMA, Greater Montreal, Estate agent, Island, Weakness, Absorption, Sale, Video game, Real estate, Cryptocurrency, Arms industry, Saint-Jean-sur-Richelieu

The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • “The month of May clearly marks a return of buyers to the market encouraged by the stabilization of interest rates and prices.
  • “The Island of Montreal market posted an astonishing performance with a drop in sales of only 5 per cent compared to last year.
  • The metropolitan area of Saint-Jean-sur-Richelieu is notable for a slight increase in the median price (1 per cent).

Loblaw to purchase five hydrogen fuel cell trucks, as effort to reimagine zero-emission long-haul deliveries begins

Retrieved on: 
Thursday, May 25, 2023
FCEV, GCWR, Hydrogen, Greater Montreal, Carbon, Social Security Government Pension Offset, Toyota, Second generation, Climate change, Biophysical environment, TSX, ESG, Social, Letter, Rail transport, Kenworth, Loblaw Companies

BRAMPTON, ON, May 25, 2023 /CNW/ - Today, Loblaw Companies Limited (TSX: L) ("Loblaw") is announcing plans to purchase five Class 8 T680 hydrogen fuel cell electric vehicles (FCEV) from Kenworth.

Key Points: 
  • BRAMPTON, ON, May 25, 2023 /CNW/ - Today, Loblaw Companies Limited (TSX: L) ("Loblaw") is announcing plans to purchase five Class 8 T680 hydrogen fuel cell electric vehicles (FCEV) from Kenworth.
  • The hydrogen FCEV trucks add to the company's growing zero-emission fleet.
  • Today, battery-electric trucks cannot haul great distances without frequent charges, but hydrogen can reliably extend driving distances across entire regions.
  • Loblaw was the first Canadian organization to sign a letter of intent to purchase these hydrogen fuel cell electric vehicles, as part of its plan to adopt new technology to help meet its environmental goals.

CGI to welcome Sophie Brochu to its Board of Directors

Retrieved on: 
Tuesday, May 23, 2023
BMO, Volunteering, University, Centre-Sud, HEC, Canada Dry, Culture, Suite (music), Woman, Greater Montreal, Wind, Environmental effects of transport in Australia, Student, United Way of Canada, GIB, Natural gas, TSX, Growth, Bishop's University, CGI, NYSE, Economics, Renewable energy, Management

MONTRÉAL, May 23, 2023 /PRNewswire/ -  CGI (TSX: GIB.A) (NYSE: GIB) is pleased to announce that Sophie Brochu will join its Board of Directors in September 2023.

Key Points: 
  • MONTRÉAL, May 23, 2023 /PRNewswire/ -  CGI (TSX: GIB.A) (NYSE: GIB) is pleased to announce that Sophie Brochu will join its Board of Directors in September 2023.
  • "We are honored to have Sophie Brochu join our Board of Directors," said Founder and Executive Chairman Serge Godin.
  • "I am proud to join the CGI Board and to have the opportunity to contribute to the sustained growth of this flagship company," said Sophie Brochu.
  • Ms. Brochu spent most of her career at Énergir, where she served as President and Chief Executive Officer from 2007 to 2019.

Dataddo’s Free Data Integration Product Helps 1,300+ Companies Across Industries Visualize 21 Million Rows of Data Monthly

Retrieved on: 
Wednesday, May 10, 2023
Data management, Database, Software as a service, Snack, Gartner, Communication, University, European, ETL, Social media, Pharmaceutical industry, Marketing, Looker Studio, Greater Montreal, Accenture

Now, over 1,300 companies in various sectors are using the plan to validate and get buy-in for analytics initiatives, without the time restrictions imposed by standard, free product trials.

Key Points: 
  • Now, over 1,300 companies in various sectors are using the plan to validate and get buy-in for analytics initiatives, without the time restrictions imposed by standard, free product trials.
  • There is mounting evidence that the greatest barrier to adoption of data and analytics initiatives today is company culture (see NewVantage Partners , Gartner , Accenture ).
  • This means lack of executive buy-in, poor organizational support for data literacy, and lack of employee confidence in data skills.
  • Eight months after the launch, over 1,300 companies have used the plan to integrate 21 million rows of data monthly, with 50% of these companies explicitly stating that they are using it as a testing ground for pipelining solutions.

Montreal Market Rebounding Slowly Due To Lack of Listings as Prices Confirm Their Uptrend

Retrieved on: 
Thursday, May 4, 2023
Optimism, CMA, Greater Montreal, Estate agent, Island, Vaudreuil-Soulanges, Movement, Sale, Saint-Jean-sur-Richelieu, Retail, Property management, Arms industry, Propane

The marked drop in new listings for a month of April largely contributed to this upward movement in prices, thus affecting transactional activity.

Key Points: 
  • The marked drop in new listings for a month of April largely contributed to this upward movement in prices, thus affecting transactional activity.
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • This is not necessarily due to a lack of buyer confidence in the market, since interest rates are stabilizing and prices are clearly indicating an upward movement.
  • In addition to high prices, it is also due to the lack of properties for sale on the market, as evidenced by the historic drop in listings for a month of April.

With Volvo Partnership, Coke Canada Bottling to Become First Food and Beverage Manufacturer in Canada to Use Electric Trucks

Retrieved on: 
Thursday, April 13, 2023
Coca-Cola Enterprises, Volvo Trucks, Volvo, Carbon, Coke, B20, Bottled water, Renewable energy, Rail transport, Greater Montreal

Coke Canada Bottling is the first Canadian food and beverage manufacturer to use zero-tailpipe emission trucks and all six Volvo VNR Electric trucks will be delivered throughout 2023.

Key Points: 
  • Coke Canada Bottling is the first Canadian food and beverage manufacturer to use zero-tailpipe emission trucks and all six Volvo VNR Electric trucks will be delivered throughout 2023.
  • Volvo Trucks hosted a Demo Day on April 13 at Coke Canada Bottling’s Montreal distribution center for delivery drivers to test drive the new battery-electric trucks.
  • “Coke Canada Bottling is making tremendous strides towards their environmental sustainability goals by adding Volvo VNR Electric trucks to their fleet to service their beverage customers in the greater Montreal region,” said Peter Voorhoeve, President, Volvo Trucks North America.
  • Coke Canada Bottling utilized federal and provincial incentives (Écocamionnage and the iMHZEV programs) for Heavy-Duty Zero-Emission Vehicles funding to offset the cost of the six Volvo VNR Electric trucks.