Montreal world business is about new markets, new opportunities and new international businesses. We create local resources, we improve, we expand.
World business is not globalisation though. World or international business is the exchange of goods and services in multiple countries, while globalisation is a broad and universal concept of a global market place.
According to Statistics Canada "When compared with Canadian based corporations, foreign controlled companies offer higher productivity performance, higher wages and improved chance of having a R&D centre".
Foreign entrepreneurs and businesses can incorporate as a subsidiary corporation for their Canadian operations or they may chose to carry on business in Canada through a branch office.
Foreign companies and organisations in our Montreal world business that contribute to the improvement of our workforce, our skill formation and our competitiveness, especially in our most important business sectors.
As reported by Montréal International there are more than 1,200 US international companies established in Greater Montreal, more than 800 European companies and an increasing number of world-renowned companies from Asia.
A jobs world market with a total of more than 165,000 international jobs and 100,000 indirect career jobs created by international companies and organisations established in many of the Greater Montreal business areas.
According to the Canadian Encyclopedia, "Canada and the United States have one of the world's unique relationships: two sovereign states, occupying the bulk of North America and sharing the world's longest undefended border, each reliant on the other for trade, continental security and prosperity. "
The Greater Montreal area entertains unique international relations with the United States of America. U.S. top business companies are the source of nearly half of all the international businesses and all the career jobs provided by all the international companies established in Canada and in several other countries.
The State of New York is the source of the largest number of foreign facilities established in Greater Montreal, followed by the state of California with its largest U.S. economy and population. Next come the states of Illinois, Connecticut, New Jersey and Texas.
Greater Montreal has also become a destination of choice for many European international companies interested in establishing their activities and business organisations in North America.
As a result, France has become the second most important country of origin of all the French international companies that are now deep-rooted in the Greater Montreal areas.
Ubisoft, one of the world’s largest video game publishing and distribution companies established its main production studio in Montreal in 1997, followed by other major French companies such as Danone Canada now headquartered in France but originally founded in Montreal in 1930 by Jules Delisle.
Also established in Montreal is Sanofi Canada, the Canadian affiliate of Sanofi, one of the world’s leading healthcare companies and Transdev, a public transport innovator. Both companies are headquartered in France.
The United Kingdom is the third most important country of origin of international businesses established in Greater Montreal, especially in finance, aerospace and metals. English companies such the Rolls-Royce Group focused on world-class power and propulsion systems and headquarted in London, England.
Greater Montreal world business is also increasingly popular among Asian companies.
In recent years, the Greater Montreal area has welcomed a number of world-renowned companies such as Eidos Montreal, a Canadian video game development studio owned by Square Enix Europe, a subsidiary of Square Enix headquartered in Japan.
Montreal also welcomed Fujitsu Canada, a leading Japanese information and communication technology (ICT) company also headquartered in Japan.
Jubilant-Draximage dedicated to nuclear medicine is a wholly owned subsidiary of Jubilant Pharma and Jubilant Life Sciences headquartered in India, while Tata Communications, a provider of « a New World of Communications » is headquartered in Mumbai and Singapore.
Montreal World Business by Rachel Louise Barry