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OFFICIAL: Turkey s Altay SK sign El-Gouna midfielder Serge Aka
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El-Gouna midfielder receives Ivory Coast call
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How a Montrealer became trainer to the stars in Dubai
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Devimco’s Maestria and MAA bring high quality, elegant condo design to downtown Montreal.
Author of the article: Ursula Leonowicz • Postmedia Content Works
Publishing date: Mar 01, 2021 • March 1, 2021 • 3 minute read A penthouse at Maestria Condominiums. SUPPLIED
Article content
Despite COVID-19 or maybe even because of it, Montreal’s residential real estate market is booming.
According to Devimco’s vice-president of residential development and marketing, Marco Fontaine, the record-breaking numbers are mostly due to people making up for lost time.
“If you look at cities like Toronto and Vancouver, they’re a little more mature than Montreal is in terms of residential real estate development, which is also why they’re more expensive. We were a little behind schedule,” explains the VP of the province’s leading developer of large, lifestyle and transit-oriented development (TOD) complexes.
From: Canada Economic Development for Quebec Regions
Canada Economic Development for Quebec Regions grants close to $3 million to help four organizations maintain their activities and invest in their tourism facilities.
Around the world, tourism was one of the first industries affected by the pandemic; it will also be one of the last to be able to return to full working order. A pillar of the Canadian economy that generates $102 billion a year and represents 4% of all jobs (or the equivalent of 1.8 million workers), tourism is a major vector to diversify and develop the economy.
Entrepreneurs in this sector- composed mostly of SMEs-have demonstrated resiliency, creativity and adaptability since the crisis began. To support them, the Government of Canada, through Canada Economic Development for Quebec Regions (CED), is signalling its presence with investments of $2,856,981 to boost tourism in the Québec and Chaudière-Appalaches regions.