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Happened a few days ago, but Hopper laid off 250 people, 20 of them in MTL, the other 230 in the United States or International offices.
The "good" news is that even though a lot of tech layoffs happened with companies with offices in MTL or HQ's based here, the job losses here were not as severe as other cities. I just hope all people find jobs asap, however.
Place Gare Viger Comes to Life: A Mixed-Use Campus Proving to Be a True Success Story
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In contrast to current trends in the downtown market, the office spaces at Place Gare Viger have been in high demand since the pandemic. Lightspeed has grown to occupy the entire Château and Novartis Pharma Canada recently moved in to two floors in the brand new Viger tower. Furthermore, a new major player in the technology industry has signed a lease to occupy 55,000 square feet in the new Viger tower.
Between January to mid-September, Montreal recorded $5B of commercial real estate transactions. Although lower than last year, pretty solid considering Canada is entering (or has entered) a recession. Things should pick back up in 2024.
The news about H55 ties into another promising company based in South Burlington Vt: Beta Technologies, which builds battery powered aircraft, that also has a significant presence in Montreal.
The news about H55 ties into another promising company based in South Burlington Vt: Beta Technologies, which builds battery powered aircraft, that also has a significant presence in Montreal.
H55 + Vt is so exciting, this will make more companies open up here or even relocate to Montreal. With the aviation specialites we have here, no brainer move.
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