SPECIAL REPORT ECONOMIC DEVELOPMENT
PROMOTIONAL REPORT
ISTOCK PAR BUZBUZZER
A RESILIENT, GREEN, INCLUSIVE CITY INTERVIEW BY NATHALIE SAVARIA
Since the beginning of the pandemic, more than $260M has been allocated to local firms and businesses to support Montréal’s economic recovery, with $60M of those funds earmarked for the city’s 2021 Recovery Plan, Act Now to prepare for Recovery.
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MONTRÉAL’S GRAND DESIGN: TRANSFORM ITS ECONOMY hat is made abundantly clear in the Montréal 2030: A Strategic Vision report, a guide to the city’s orientations over the next few years, which includes measures to cope with the pandemic. The strategic plan will focus on three key elements: economic resilience, eco-friendly transition and social inclusion. "The social economy is a dynamic response to these three issues, and Montréal is devoting a substantial part of its budget to this approach. No city in the world is doing that. A strong, bold position has been taken," said Luc Rabouin, mayor of the Plateau-Mont-Royal borough and member of the executive committee responsible for economic and business development, and design. He firmly believes in the plan. The social economy "is not a sector of the economy, but a way of doing business," he added. Its primary goal is to maximize social benefits before financial profitability. "Social inequalities inten sified during the pandemic, so increasing the role of the social economy is a structural response to that issue."
LUC RABOUIN Mayor of the Plateau-Mont-Royal borough and member of the executive committee responsible for economic and business development, and design City of Montréal
MONTRÉAL ECONOMIC POWERHOUSE : : SPRING 2021 EDITION
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