Universities: drivers of wealth creation for Québec and Montréal

The Board of Trade of Metropolitan Montreal and Montréal International released on October 5, 2016 a study today entitled The Contribution of Greater Montréal Universities to the Québec Economy. This study confirms the importance of teaching and university research for the wealth of Québec and Montréal. In addition to stimulating the knowledge and innovation economy, universities are active in their community, improving the quality of life of Quebecers.

MI universites

The Board of Trade of Metropolitan Montreal and Montréal International have identified six winning conditions to maximize the positive spinoffs of universities for the city’s economy:

  • Creating a positive discourse that contributes to a sense of pride about universities.
  • Increasing the number of university graduates in the Greater Montréal population aged 25 to 34 by five percentage points over five years.
  • Making education, including higher education, the priority in the next provincial budget.
  • Continuing to encourage efforts to increase the retention of international students after they graduate from a Greater Montréal university to reach 10,000 by 2019.
  • Creating a roundtable that brings together representatives of universities, CEGEPs, the Government of Québec and employers to help tie programs offered by institutions of higher learning to future labour needs.
  • Increasing partnerships between universities and public, private and non-profit organizations to offer an agile response to the job market’s needs for new skills.

The Board of Trade of Metropolitan Montreal and Montréal International are committed to developing a strategy to bring these six winning conditions together and celebrating the role and contribution of universities.

Source: Montréal international

Facebooktwittergoogle_pluspinterestlinkedinmail