
More and more international financial companies are choosing Montréal to
establish and grow their operations, service centers, centers
of excellence, innovation labs, and more.
Enjoy privileged access to a large pool of experienced and qualified talent in specialized roles (including CFA, ESG, quantitative methods, risk, AI and IT).
Become part of North America’s most proactive ecosystem for ESG and sustainable finance, with numerous university programs producing the next generation in sustainable finance.
Leverage an extensive network of young university graduates with international backgrounds.
Benefit from strong geographical and cultural connections with New York, Boston, London, Paris and Toronto.
Thrive in a world-class technology ecosystem with capabilities in data/artificial intelligence, blockchain, fintech, cybersecurity and more.
Operate from a world-class destination that attracts Europeans, Americans, millennials and foreign skilled workers.
Last updated May 2023
120,000+
employed in the financial services industry
in Greater Montréal
164,500
IT-related workers
21,700
Professionals involved at all stages
of applied AI/data science projects
21,600
IT professionals currently working for
financial institutions
Montréal is known as the best student city in the Americas and Canada’s university capital with its 11 universities and institutions and 60 colleges with 320,000 post-secondary students, including more than 200,000 university students.
Thanks to reasonable living costs, a favorable exchange rate and highly targeted and generous incentive programs, Montréal offers the lowest operating costs among the major cities in North America.
Annual back office operating costs in USD
in the financial services sector
Based on a model of a 150 FTE financial services back office in a 30,000 square feet Class- B office space U.S. dollars = 1.34 Canadian dollars, .,92 Eurozone euro, .81 British pound Source: The Boyd Company, Site Location Group, Princeton, NJ (2023)
Québec is 1st in Canada for its R&D investments as a percentage of GDP. It offers a well-developed ecosystem of agencies that facilitate business collaboration and research, including MITACS, FIN ML and CyberEco. It’s not surprising that numerous large international IT consulting and outsourcing firms have chosen to set up their companies in Québec over the years.
The proportion of ESG assets under management in Québec and Canada is exceptional, demonstrating the market's openness to this type of product.
Montréal has a large pool of existing and emerging ESG specialists who have graduated from university programs dedicated to ESG, RI and FSI.
ISSB has chosen Montréal as its Americas headquarters, making Montréal a center of expertise in ESG standards.
Strong ecosystem of research agencies, tech companies and fintechs with ESG modeling and data capabilities.
Please complete the form below, and a member of our team
will be in touch with you soon.