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Economy of Montreal


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National Film Board of Canada are in the city, as well as the head offices of Telefilms Canada, the national feature-length film and television funding agency and Television de Radio-Canada. Given its eclectic architecture and broad availability of film services and crew members, Montreal is a popular filming location for feature-length films, and sometimes stands in for European locations. The city is also home to many recognized cultural, film and music festivals (Just For Laughs, Just For Laughs Gags, Montreal International Jazz Festival, Montreal World Film Festival, and others), which contribute significantly to its economy. It is also home to one of the world's largest cultural enterprises, the Cirque du Soleil.

The video game industry is also booming in Montreal since 1997, coinciding with the opening of Ubisoft Montreal. Recently, the city has attracted world leading game developers and publishers studios such as Ubisoft Montreal, EA, Eidos Interactive, Artificial Mind and Movement, Strategy First, THQ, mainly because of the quality of local specialized labour. Recently, Warner Bros. Interactive Entertainment, a division of Warner Bros., announced that it would open a brand new video game studio in Montreal. Relatively new to the video game industry, it will be Warner Bros. first studio opened, not purchased, and will develop games for such Warner Bros. franchises as Batman and other games from their DC Comics portfolio. The new studio will create 300 jobs for the Montreal economy.



Montreal also plays an important role in the finance industry. The official legal corporate head offices of Bank of Montreal and Royal Bank of Canada, two of the five biggest banks in Canada, are still in Montreal with their operational corporate headquarters in Toronto, Ontario. The National Bank of Canada, the sixth largest bank in Canada, Laurentian Bank of Canada, Desjardins Group, the largest regional bank in Quebec, are also headquartered in Montreal
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