Montreal Is Creating 26,000 New Jobs In 2016

This year is looking up.
Montreal Is Creating 26,000 New Jobs In 2016

If there's one thing we can all complain about in Montreal (well, most of us, at least) is the not-so-booming job market, at least in comparison to other major metropolitans.

2016 will be a bit different. As predicted by The Conference Board of Canada's Metropolitan Outlook: Winter 2016, Montreal will experience a serious economic boost, more than most other Canadian cities, with 26,000 new jobs created.

According to the forward-looking analysis, Montreal will see a Gross Domestic Product (GDP) growth of 2.3% in 2016, a fairly big jump from the 1.7% seen in 2015.

A combination of factors will lead to Montreal's economic growth, including the low Canadian dollar and a strong U.S. economy, along with "a strengthening manufacturing sector, a rebound in construction, and steady services sector gains."

Two major building projects have been cited as major economic stimulants, namely the Champlain Bridge and the Turcot Interchange, estimated at a value of $4.2 and $3.7 billion, respectively.

Both will create a major boost in Montreal's construction industry (after a three years slump), but that isn't to say the city's other sectors won't see a rise in 2016. Montreal's eight industry sectors will also experience growth in 2016, with the business service and personal services sectors expected to grow the most.

And, most importantly, all this economic upsurge will see the creation of around 26,000 jobs this year. All the new employment opportunities should then maintain Montreal's unemployment rate at 8.2%, which is about the same as last year.

It's also worth noting that Quebec City is projected to experience a similar economic surge in 2016, with a real GDP growth of 2%. Together, Quebec's two largest cities will grow at a faster rate than the national average, all but ensuring good economic tidings in the province.

2016 is looking brighter already.

More Than 60% Of Montreal Workers Have Returned To The Office, A Survey Says

Working from home isn't out of fashion, however – 76% of respondents still enjoy it.

The number of Montrealers giving up some aspects of "work from home" culture and returning to their workplace at least part of the time has more than doubled since June, according to a new survey by the Montreal Board of Trade in collaboration with Léger.

Montreal Board of Trade President and CEO Michel Leblanc said in a statement that the number of people going back to the office, either full-time or part-time, has climbed from 28% in June, to 47% in August, to 61% in the current survey – which was conducted from October 26 to November 5 of this year.

Keep Reading Show less

More Than Half Of Quebec's 8 Biggest Cities Will Have A Woman As Mayor

In Quebec's city halls, women are kicking ass and taking names.

Women will lead five of Quebec's eight largest cities following the 2021 municipal elections.

The biggest headline of the night may have been Valérie Plante's triumph over old foe Denis Coderre in Montreal, but across the province, the faces of municipal politics have become more gender-balanced.

Keep Reading Show less

The government is in the process of filling a Service Canada job bank and it's advertising salaries of between $61,152 and $65,887.

On an online recruitment page, the Employment and Social Development Canada (ESDC) office says it needs to fill 45 benefits officer and program officer positions in Quebec and encourages qualified individuals to apply.

Keep Reading Show less

One always feels a sense of pride when their hometown makes its way onto an international ranking. And that's why we're proud to say two cities in Quebec, including Montreal, made it into Studee's "Top 10 Student Cities in the World."

To the surprise of many, Quebec City also made the Top 10 — and it ranked higher than Montreal, with Quebec City at #4 and Montreal at #6.

Keep Reading Show less