Montreal’s economy lags behind other Canadian cities, BMO president says

A comparison with five other Canadian cities shows that Montreal’s GDP grew by only 37 per cent over the past 15 years, compared to 59 per cent on average for Toronto, Calgary, Ottawa, Edmonton and Vancouver.

Montreal’s population only grew by 16 per cent compared to 33 per cent for the other cities.

Unemployment remains at about 8.5 per cent in Montreal compared to 6.3 per cent in the other cities.

And Montrealers’ disposable income has risen by only 51 per cent in 15 years, compared to 87 per cent for residents of the other five cities.

http://www.montrealgazette.com/business/Montreal+economy+lags+behind+other+Canadian+cities/9549147/story.html

Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: