Montreal - Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail
Summary
“City Profile - Montreal” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Montreal.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
The Montreal census metropolitan area (CMA), also known as Greater Montreal, is located in the province of Quebec and is Canada’s second-largest metropolitan economy. Montreal is a major global aerospace hub-one of the world’s leading aerospace manufacturing centres-and a national leader in aerospace R&D, while its broader growth base is supported by life sciences, finance, ICT, transportation and logistics, and creative industries. The region accounted for about 10% of Canada’s GDP in 2025, with real GDP growth slowing to 1.3% as U.S. tariffs and trade tensions weakened manufacturing exports, investment softened, and slower immigration moderated consumer demand. Over 2026-35, real GDP growth is forecast to average 1.4% per year, underpinned by a predominantly services-driven economy (74.1% of GVA in 2025), led by financial intermediation and real estate alongside professional and public-oriented services; nominal GDP is projected to rise from CAD323.5 billion in 2025 to CAD461.8 billion by 2035.
Scope
“City Profile - Montreal” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Montreal.
The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.
The Montreal census metropolitan area (CMA), also known as Greater Montreal, is located in the province of Quebec and is Canada’s second-largest metropolitan economy. Montreal is a major global aerospace hub-one of the world’s leading aerospace manufacturing centres-and a national leader in aerospace R&D, while its broader growth base is supported by life sciences, finance, ICT, transportation and logistics, and creative industries. The region accounted for about 10% of Canada’s GDP in 2025, with real GDP growth slowing to 1.3% as U.S. tariffs and trade tensions weakened manufacturing exports, investment softened, and slower immigration moderated consumer demand. Over 2026-35, real GDP growth is forecast to average 1.4% per year, underpinned by a predominantly services-driven economy (74.1% of GVA in 2025), led by financial intermediation and real estate alongside professional and public-oriented services; nominal GDP is projected to rise from CAD323.5 billion in 2025 to CAD461.8 billion by 2035.
Scope
- Montreal’s economy is overwhelmingly service-led, with services remaining the largest contributor to regional output and the primary source of employment, supported by strong activity in tourism, culture, business services, and a growing visitor economy strategy.
- The city is also a major tourism destination for both domestic and international travelers: in 2025 it welcomed 11.8 million tourists (+7.3% y/y) who spent CAD5.8 billion, with performance strengthening through the year on the back of a more segmented and confident market, enhanced sustainable-tourism initiatives, and increased global exposure-reinforcing Montreal’s position as a leading urban destination in North America.
- Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
- Analyze and understand the business environment in the city to align your investment and expansion strategies.
- The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
- Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.
City Snapshot
PEST Analysis
Political
Economic
Social
Technology and Infrastructure
Communications
Internal Transport Networks
Connectivity
Airport
Business Environment Analysis
Travel and Tourism
Tourism Flows
Hotels
Attractions
Events
Construction and Real Estate
Investment
Real Estate Market
Retail
Retail Market
Consumption, Income and Prices
About MarketLine
Contact Us
PEST Analysis
Political
Economic
Social
Technology and Infrastructure
Communications
Internal Transport Networks
Connectivity
Airport
Business Environment Analysis
Travel and Tourism
Tourism Flows
Hotels
Attractions
Events
Construction and Real Estate
Investment
Real Estate Market
Retail
Retail Market
Consumption, Income and Prices
About MarketLine
Contact Us
LIST OF TABLES
Table 1: Montreal metropolitan area- key facts (estimates), 2025
Table 2: Montreal metropolitan area- real GDP and real GDP growth, 2000-35
Table 3: Montreal metropolitan area- economic growth comparison (Index 2015=100), 2000-35
Table 4: Montreal metropolitan area- GDP per capita comparison, 2000-35 ($)
Table 5: Montreal metropolitan area- employment structure, 2000-35 (% of total)
Table 6: Montreal metropolitan area - main universities, 2025
Table 7: Montreal metropolitan area- population comparison, 2000-35 (million)
Table 8: Montreal metropolitan area- population by age, 2000-35 (% of total)
Table 9: Montreal metropolitan area - transport indicators, 2025
Table 10: Montreal metropolitan area - Montreal International Airport, total passengers and aircraft movements, 2021-26* (Number)
Table 11: Montreal metropolitan area - hotel KPIs, 2020-24
Table 12: Montreal metropolitan area - MICE and other events
Table 13: Montreal metropolitan area - residential real estate market, 2020-26*
Table 14: Montreal metropolitan area - residential real estate market median price ($) by property type, 2020-26*
Table 1: Montreal metropolitan area- key facts (estimates), 2025
Table 2: Montreal metropolitan area- real GDP and real GDP growth, 2000-35
Table 3: Montreal metropolitan area- economic growth comparison (Index 2015=100), 2000-35
Table 4: Montreal metropolitan area- GDP per capita comparison, 2000-35 ($)
Table 5: Montreal metropolitan area- employment structure, 2000-35 (% of total)
Table 6: Montreal metropolitan area - main universities, 2025
Table 7: Montreal metropolitan area- population comparison, 2000-35 (million)
Table 8: Montreal metropolitan area- population by age, 2000-35 (% of total)
Table 9: Montreal metropolitan area - transport indicators, 2025
Table 10: Montreal metropolitan area - Montreal International Airport, total passengers and aircraft movements, 2021-26* (Number)
Table 11: Montreal metropolitan area - hotel KPIs, 2020-24
Table 12: Montreal metropolitan area - MICE and other events
Table 13: Montreal metropolitan area - residential real estate market, 2020-26*
Table 14: Montreal metropolitan area - residential real estate market median price ($) by property type, 2020-26*
LIST OF FIGURES
Figure 1: Montreal metropolitan area- real GDP and real GDP growth, 2000-35
Figure 2: Montreal metropolitan area- economic growth comparison (Index 2015=100), 2000-35
Figure 3:Montreal metropolitan area- GDP per capita comparison, 2000-35
Figure 4: Montreal metropolitan area- employment structure, 2000-35 (% of total)
Figure 5: Montreal metropolitan area- population comparison, 2000-35
Figure 6: Montreal metropolitan area- population by age, 2000-35 (% of total)
Figure 1: Montreal metropolitan area- real GDP and real GDP growth, 2000-35
Figure 2: Montreal metropolitan area- economic growth comparison (Index 2015=100), 2000-35
Figure 3:Montreal metropolitan area- GDP per capita comparison, 2000-35
Figure 4: Montreal metropolitan area- employment structure, 2000-35 (% of total)
Figure 5: Montreal metropolitan area- population comparison, 2000-35
Figure 6: Montreal metropolitan area- population by age, 2000-35 (% of total)
