Future Montreal projects + Econ updates (relocate, recruiter, requirements)

[CXT2000]

As reported last week, Montreal has obtained a new international org HQ and all thanks to our Federal government.

Politics Briefing: Montreal will host NATO’s new climate centre, Trudeau says

https://www.theglobeandmail.com/poli...entre-trudeau/

[CXT2000]

IFRS Foundation launches Montreal ISSB centre supported by key actions

https://www.montrealinternational.co...y-key-actions/

And some love for Laval

ESPACE MONTMORENCY IN LAVAL COMES ALIVE

https://www.newswire.ca/news-release...857757716.html

[CXT2000]

Not much has gone on as of late, but Brivia bought a 300,000 sq ft lot in Griffintown for $104M.

https://www.newswire.ca/news-release...802625026.html

SiZZmic Transmedia Opening Montreal Office To Play In The Multi-Billion-Dollar Metaverse Market

https://www.einnews.com/pr_news/5835...taverse-market

[CXT2000]

Layoffs at MTL companies, as every tech company is now "restructuring" and preparing for a recession

Mobile game developer Jam City laid off hundreds of developers (Montreal + U.S offices)

https://mobidictum.biz/mobile-game-d...of-developers/

RENORUN LAYS OFF 12 PERCENT OF STAFF, PAUSES GEOGRAPHIC EXPANSION AMID UNCERTAINTY SURROUNDING CONSUMER SPENDING

https://betakit.com/renorun-lays-off...umer-spending/

Thankfully with the jam city layoffs (Ludia office MTL), our gaming scene is so large that Ubisoft and other companies are hiring those affected asap.

[CXT2000]

Industry alliance planning a massive revitalization of areas near old Montreal

https://canada.constructconnect.com/...r-old-montreal

[CXT2000]

Some acquisitions

Montreal-based WSP Global to buy U.K. environmental consulting company in third takeover in just three months

https://www.theglobeandmail.com/busi...pany-in-third/

MTY Food Group Inc. to Acquire Bbq Holdings, Inc. for $17.25 Per Share

https://finance.yahoo.com/news/mty-f...113000431.html

BRP Inc. acquires Kongsberg Automotive’s Shawinigan operations

https://www.canadianmanufacturing.co...ations-284158/

Another expansion (thankfully)

Wisk Aero Continues Global Expansion with Launch of Montreal Hub

https://finance.yahoo.com/news/wisk-...100000209.html

And more art: 6 new downtown Montreal art installations look to draw workers back to city

https://globalnews.ca/news/9044394/m...-workers-back/

[CXT2000]

Moderna coming to Laval: A turning point for the life sciences sector

https://www.montrealinternational.co...iences-sector/

[Arcenal813]

Originally Posted by CXT2000

Moderna coming to Laval: A turning point for the life sciences sector

https://www.montrealinternational.co...iences-sector/

Interesting choice of location. I wonder why Laval.

[CXT2000]

Originally Posted by Arcenal813

Interesting choice of location. I wonder why Laval.

There's a huge cluster called the BioTech city, 100+ companies and 5,000+ workers. I would also assume it's cheaper to operate there than the clusters in Montreal.

https://www.citebiotech.com/home.html

[CXT2000]

AlayaCare fired 14% of its workforce (80 employees).

So far the tech industry in Montreal has lost 150 employees, if you include Playtika it's around 200 (no stats on the number of employees they had here)