Photo cred - Veganleo
Students come to Montreal, gain a degree, and then just leave the city. Dubbed the Montreal 'brain drain,' this intellectual migration is seriously hurting the economy of the city, and will continue to do so.
Recent findings gleaned from the recent BMO-BCG report confirm this phenomenon. While Montreal houses a large university student population of 170 000 people, the amount of actual residents who have a university diploma is a very small fraction of the city's total population.
Montreal's percentage of university graduates even trails behind Cleveland and Detroit, two cities with much less intellectual prestige.
And it's not just students. Young people in general are leaving the city. The amount of Montreal residents aged 18-44 has steadily dropped over the last 12 years from 46% to 42% of the total population.
Montreal, a city who's economy is largely based on technology, commerce, and similarly intellectual endeavors, can't afford to lose its educated youth.
A reinvigorated sense of opportunity needs to be adopted and reinforced in Montreal, one where the English and French-speaking youth alike feel like there are job opportunities in our city. Brain drain, as funny as it sounds, is a serious issue for Montreal, one that needs to be remedied if the city is to thrive economically and culturally.