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ECONOMy

6

pillaRs of the economy: ADvANCED TEChNOLOgIEs

LIFE sCIENCEs

Drugs recognized and used around the world have been discovered and developed in Québec: for instance, 3TC, from BioChem Pharma for the treatment of AIDS and Singulair from Merck Frosst for the treatment of asthma.

  • Québec ranks fourth in North America in terms of the number of biotechnology companies.

  • Québec has six of the seven research centres of multinational pharmaceutical companies in Canada: Merck Frosst, AstraZeneca, Boehringer Ingelheim, Bristrol-Myers Squibb, Wyeth Pharmaceuticals, GlaxoSmithKline.

  • The engine of genomics in Canada, Montréal has research centres with an international reputation including Génome Québec, the Institut de recherche en biotechnologie, the Centre protéomique de l’Est du Québec and the Human Proteome Organisation.

  • Montréal also ranks fourth in North America in terms of employment in the pharmaceutical sector.

INFORMATION AND COMMUNICATIONs TEChNOLOgIEs

  • More than 100 000 jobs spread among 5 000 companies.

  • Montréal has a critical mass of companies including many world leaders in manufacturing and research in the wireless telecommunications segment.

    • Ericsson has set up one of its largest research centres outside Sweden here. Over the last decade, Ericsson has invested more $800 million in fixed assets and created 1 600 jobs.

  • Montréal also ranks fourth in North America in terms of per capita employment in information and communications technology.

  • Birthplace of pioneers such as Softimage and Discreet, destination of major publishers such as Ubisoft and Electronic Arts, Québec is now a digital entertainment powerhouse in North America.

In 2005, Toon Boom Animation, a Montréal SME, was awarded an Emmy in recognition of its contribution to television production. Its USAnimation Opus software, used by major studios, was applied in productions such as The Simpsons, SpongeBob SquarePants and the Triplets of Belleville.

AEROsPACE

  • Québec ranks sixth in the world in terms of output.

  • Montréal is one of the world’s largest aeronautics centres, along with Seattle (USA) and Toulouse (France).

    • It is one of the few places in the world where almost all the components of an aircraft are produced within a distance of 30 km.

  • Four major world players are located in Greater Montréal: Bombardier for business aircraft and regional jets, Pratt & Whitney Canada for aircraft and helicopter engines, CAE for flight simulators and Bell Helicopter for civilian helicopters.

  • One person in 200 works in the aerospace industry in Québec.

  • More than 80% of production is exported.

  • Ranking first among Québec’s exports.

ECONOMIC AND FINANCIAL PROFILE OF QUÉBEC

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