Executive Summaries Feb 26, 2020

Do Quebec Businesses Attract Foreign Investors?

Global competition continues to intensify on an exponential basis. With the rise of emerging economies, disruptive new technologies and large global value chains, entrepreneurs must increasingly push the limits of their innovations to remain competitive in their markets.

It is against this backdrop that Investissement Québec ("IQ") began repositioning its activities on February 3, 2020, with a view to offering Canadian companies solutions to accelerate their global development. The government of Quebec is therefore acquiring additional levers, increased financial resources and an enhanced team to boost the growth of Quebec businesses.

One of the objectives of this transformation by IQ is to attract more foreign investment and talent. To achieve this, the organisation is committed to taking more risks in order to stimulate foreign direct investment ("FDI") in Quebec.

Investissement Québec must take more risks and be even more attentive. 

Premier François Legault, at a press briefing on February 3rd, 2020

Investissement Québec hopes to carry out its new mandate by focusing on the following three priorities :

  • Increased regional presence
  • Better international coordination
  • Greater willingness to take risks

By reducing the administrative burden on businesses and encouraging risk-taking, IQ's efforts will ultimately make FDI a key element in the competitiveness of our regional economy.

What Trends Have Emerged in Recent Years?

In terms of competitiveness, Montreal is positioned as Canada's fastest growing city in 2018. This is due in particular to its large pool of talent and expertise, which positions it as a prime target for foreign investors.

In fact, for the past few years, FDI has been booming in the Greater Montreal area. More and more foreign businesses are choosing Montreal and its surrounding areas as their base.

In recent years, Canada's ratio of outward FDI to GDP has been 162% higher than the OECD ratio.

Source: Fraser Institute Bulletin of March 2019

FDI from the high-technology sector alone accounts for more than 50% of total investment in 2019.

According to the organisation Montreal International, 2019 was a record year in terms of FDI : more than 89 foreign businesses invested in Montreal, totalling $2.642 billion, which represented an increase of 164% since 2015. There is no indication that this growth will slow down as the number of projects benefiting from FDI has increased from 39 in 2015 to 89 in 2019. However, since 2019 we are seeing a new trend : the emergence of Asian FDI, which has tripled since 2018. Indeed, last year alone, 52% of FDI came from the Americas, 33% from Europe and 15% from Asia.

What Impact Can We Expect for the Quebec Market?

FDI helps rekindle the international appeal of the Quebec market. The province is gaining momentum and is making efforts to become increasingly competitive in the eyes of foreign investors. The more investments are made, the more our market stands out.

The government has a vested interest in focusing its efforts on key sectors of our economy and filling the gaps in the major capital chains, as it is currently doing. To make Quebec a leader in the global economy, we must not only establish an economic development strategy consistent with the territory's overall strategy, but also build partnerships between community players.

It is therefore with the support of Quebec-based institutional investors, particularly Investissement Québec, that Quebec businesses will ultimately propel the region as a globally competitive economic hub.

For more on which growth strategies to choose when dealing with foreign investors, register to our Strategic Forum on Foreign Investment.
Find out about this event

You would also like

Financial_Markets_BCF

Key shortcomings identified in examinations, continuous disclosure documents, and prospectuses

Québec Companies in Canadian Capital Markets: A Year of Growth Amid Structural Shifts

Business Women

Launch of Mouvement Repreneuriat au féminin to Encourage Business Buyouts by Women

Rencontre au Sommet

Rencontre au Sommet: Turning Economic Challenges into Collective Opportunities

Tour bureaux

iA Financial Group Acquires Global Warranty: A Strategic Step Toward the Future iA Financial Group Acquires Global Warranty: A Strategic Step Toward the Future

Laboratoire

Epitopea and MSD join forces to advance immuno-oncology research

Canada US flags

Customs Tariff Uncertainty: Impacts on Quebec Businesses

Analyse statistique - tarifs douaniers

Statistical analysis of the impact of U.S. tariffs on Quebec economy

Commerce international

Who Pays the Tariff?

Laboratoire

Pre-Series A Financing of Epitopea Inc. and Epitopea Limited

construction plan

Sale of Groupe ABS to Groupe Ginger: A New Era for Quebec Engineering

Entrepreneurship forum

Entrepreneurship Forum: Vision 2025

Gino Martel - Client Choice Awards - Site Web BCF

Gino Martel, Recipient of the Prestigious Client Choice Awards 2024

Tech Forum 360

Tech 360 Forum: Growth and Inflection Points

Article-Nathalie-Gagnon

Walter Capital Partners Acquires MARTINS Industries

Festival

Event Management Gestev Inc., a Subsidiary of Quebecor Media Inc., Acquires Evenma

cellphone-computer

Freelance.ca Acquires Workoppers

lexpert

28 Professionals Stand Out in the Canadian Legal Lexpert Directory 2024

Medical equipment

ANGUS Capital Fund Acquires Les Équipements Médicaux Leika Ltd.

Prospera: Québec’s Economic Barometer

Plane-avion

Navacord Corp. Bolsters its Positioning with the Acquisition of SecuriGlobe Inc.

Canada's Best Managed Companies: BCF Recognized for 17th Consecutive Year

Experience: a key success factor in mergers and acquisitions transactions

Optimizing mergers and acquisitions: planning for success

paul et misha

BCF Strengthens its Expertise in Artificial Intelligence

deal

Damotech Receives Strategic Investment from Mountaingate Capital in its Transaction with Mac Rak

papier signe

Novolecs Acquires Assets of Stace in Québec

classroom-furniture

ANGUS Capital Fund Acquires the Québec Flagship Alpha-Vico

kitchen-blue-pots

Doyon Després Acquires First Branch Outside Québec

ski-montagne-en

La Compagnie des Montagnes de Ski du Québec inc. Acquires the Mont Lac-Vert Tourism Resort

new-partners-2024

BCF Has Appointed Three New Partners

Who’s Who Legal : 5 BCF Professionals Stand Out

BCF extends its Partnership with the Canadian Association of Black Lawyers to a Third Year

marteaux-en

Endries International acquires Quebec-based Viscan Group

mountains-ski-winter

Acquisition of the Mont Grand-Fonds Ski Resort by e-Liberty

usine-bleu-avec-orange

KSH Solutions Inc. Acquired by AFRY Group Finland OY

rapport-marketing-en

Acquisition of DashThis by saas.group

Chambers Canada Ranking: Five of our Lawyers Recognized

Cerba HealthCare Acquires Canadian Contract Research Laboratory CIRION BioPharma Research

Photo of Julie Doré

Julie Doré Takes Over Management of The BCF Business Law Firm

BCF Welcomes Five New Up-and-Coming Lawyers

Prospera – Quebec Economic Barometer

34 Professionals Stand Out in the Canadian Legal Lexpert Directory 2023

Julien Tricart, Member of the Meritas Sports Law Group

Launches of Neomabs Biotechnologies, a Company Dedicated to Developing New Immunotherapies For Cancer Treatment

Four new shareholders take over Groupe RCM

Pride Month: Let’s Create an Inclusive Future

Genesis Drug Discovery & Development Acquires JSS Medical Research

Canada’s Best Managed Companies: BCF Recognized for 16th Consecutive Year

NCP Capital Partners Acquires Majority Stake in Manufacturer WR Transformers Inc.

OMY Laboratories secure $11 million in financing to expand into the North American cosmetics market

Securities Commissions: What are the Environmental Requirements?

Who’s Who Legal 2023: BCF Stands Out Once Again

The non-profit organization SOLIDES gets its hands on 363 doors in a major transaction to curb the housing crisis in Drummondville

Every Woman Counts

Strategic Forum on the Role Played by Businesses in the Fight Against Climate Change

BCF Partners with the Canadian Association of Black Lawyers to Promote Diversity in Québec Law Faculties

BCF's More Inclusive Approach: Improved Parental Leave

"Fair Value" or "Fair Market Value": What Concept Should Be Applied in a Shareholder Dispute?

From Renowned Athlete to Prestigious Lawyer: Focus on a Non-Traditional Legal Career Path

Shaun E. Finn Appointed to the Superior Court of Québec

How to Ensure a Business Succession?

Athos Commemorative Services Acquires Les Espaces Memoria Inc.

OPTEL Obtains Support from Fondaction and BDC Capital to Realize its Growth Projects

Disguised Expropriation in the Context of Environmental Protection

Strategic Forum on Market Consolidation and Business Succession

Focus on the Human Side of Business Succession: An Intergenerational Bridge as the Solution to Talent Shortages

Four New Partners Appointed

Meloche Group Acquires Hemmingford Aerospace

BCF Partners with the Clinique Juridique de Saint-Michel to Promote Access to Legal Studies for Young People from Diverse Communities

BCF Welcomes Two New Lawyers

Who’s Who Legal 2022: Two Partners Stand Out in Canada and Internationally

Sunshine Biopharma Completes the Acquisition of Nora Pharma

Ocean Group Acquires a Major Shipyard and Increases its Capacity

50 Questions You Should Address Before Expanding your Market Beyond Canada

Armoires Cuisines Action Acquired by Champlain Financial Corporation

Five of our Lawyers Stand out in the 2023 Edition of the Chambers Canada Ranking

43 BCF Professionals Stand Out with 78 Nominations in the 2023 Editions of Best Lawyers in Canada and Ones to Watch

Sportscene Group Becomes Grandio Group and Expands its Brand Portfolio

Squeeze Studios Partners with Cinesite

Seven New Lawyers Join BCF

Groupe Soucy and JLD-Laguë, Supported by Champlain Financial Corporation, Complete the Acquisition of Location Sauvageau and Location Légaré

Berga Recycling Inc. Acquired by BEWI ASA

Adoption of Bill 96: Be Ready

Bill 96 is Passed: How Will It Affect Your Relations with Customers and Suppliers?

Pride Month: The Value of Diversity

Premier Health of America acquires Canadian Health Care Agency

2022 M&A Awards Gala – BCF Recognized for “Deal of the Year”

Strategic Alliance between Desjardins Capital and Orthogone Technologies

BCF, the 3rd Largest Law Firm in Québec

Canada’s Best Managed Companies: BCF Recognized for 15th Consecutive Year

lexpert

22 Professionals Stand Out in the Canadian Legal Lexpert Directory 2022

Marshall Fields Takes a Majority Stake in CannTrust

Energere Acquired by a Subsidiary of GDI Integrated Facility Services

Sika Acquires Sable Marco Inc. in Canada

See What Others Don’t: Solutions to Labour Shortage

Difuze Acquires SpeakEasyDV

BCF Welcomes Three New Partners

Geneviève Martin Recognized as a Lexpert Rising Star 2021

M&A Awards Gala – BCF recognized for “Deal of the Year”

BCF Recognized by the Globe and Mail as one of Canada’s top Law Firms

Sportscene Group Enters Into a Privatization Agreement for a Cash Consideration of $7.25 Per Share

Who’s Who Legal 2021: 6 Partners Stand Out in Canada and Internationally

BCF Welcomes Julien Lefebvre as a Partner in its Business Law Team

Baylis Medical’s Cardiology Business Sold to Boston Scientific

A Major Transport Logistics Company Acquires SGT2000

StyroChem Acquired by Epsilyte

UEAT Technologies Inc. Becomes a Wholly Owned Subsidiary of Moneris Solutions Corporation

Snipcart Inc. Joins Forces with Duda Inc. to Stay Ahead of E-Commerce Trends

Almost Half of the Canadian Businesses Have Little Knowledge of Intellectual Property: Be in the Other Half!

Richard Epstein and Marc-André Godard Named as Stand-Out Lawyers

PayFacto announces Equity Investment by Flexpoint Ford and BMO Capital Partners

Chambers Canada 2022: BCF Earned Band 1 Ranking in Québec for Corporate and Commercial Law

Sagard PE, a Power Corporation Conglomerate, Becomes Lou-Tec’s Majority Shareholder

Indie Semiconductor Inc. Acquires TeraXion

IFLR1000 Canada: BCF Recognized Once Again as one of the top Corporate and Finance law Firms in Quebec

Panzini Demolition Inc. and M.E. Tremblay Démolition Inc. Join Forces with Roxboro BauVal Group Inc.

Rihanna Billionaire: Cosmetics, Licences and Trademarks

46 Lawyers of BCF Stand Out with 83 Recognitions in the 2022 Editions of Best Lawyers in Canada and Ones to Watch

Cannabis Industry Still Growing Strong

Seven New Lawyers Join BCF

A Successful Partnership Between RICARDO Media and IGA

150 Million in Investments for Fonds QScale S.E.C.

A Lipstick Like No Other: Guerlain Obtains Registration of a Three-Dimensional Trademark

Walter Capital Partners Invests in Clareo

What is the process for getting a patent?

Free and Open Source Software: opportunities and challenges

What You Should Know About the COVID-19 IP Waiver and Compulsory Licences in Canada

The Official and Common Language of Québec Act: How Will it Affect Your Trademarks and Public Signage?

You Just Invented Something, Now What?

Intellectual Property Issues in the Aerospace Industrie

Novacap invests in Cofomo Inc.

Halston: The Man Who Sold His Name... and His Mark

EVAH concludes Acquisition and Development Agreements for Four Technologies from Elanco

France: Easier Invalidity and Revocation Proceedings for Non-Used Marks

Sale of GLB Fire Protection a Success

Supermetal Powers Canam Bridges Canada

Accelerating the Registration of Your Trademark Is Now (Potentially) Possible!

3 Reasons Why you Should Develop a Patent Portfolio as an SME

Clean Biologics SAS Acquires Biodextris Inc.

Ouellet Group Acquires Roy Auto Group

Beware of New National Security Criteria at Investment Canada

R3D Conseil acquired by Alithya Group Inc.

Sherweb Acquires Global Mentoring Solutions

Champlain Financial Corporation and GefCo acquire Naya Waters Inc.

Varitron Acquired by East West Manufacturing

escalier

BCF Welcomes Seven New Lawyers

Inverse Inc. Acquired by Akamai Technologies Inc.

What if Protecting your Trademark Became Easier in the United States?

How Buy America Impacts You

New Venture Capital Fund Created in Partnership with Centech

Our Partners Stand Out in the Canadian Legal Lexpert Directory

In Fidem Has Been Sold to Atos

Achieving a Successful Business Succession: An Approach That Is As Technical As It Is Personal

Governance, a Key Element in Successful Business Succession Planning

Specialized Packaging Group LP acquired by Altamont Capital Partners

Brexit and CETA: As the Bell Tolls, It’s Carry on with Business as Usual for the UK

Collaboration in the Time of COVID-19: Legal Considerations for Successful AI and Healthcare Partnerships

Merger between La Capitale and SSQ Insurance results in the creation of Beneva, the largest mutual in Canada

Hypertec Sells its Data Center Operations to Vantage Data Centers

Economic Recovery Strategic Forum

NCP Capital Partners Acquires a Majority Stake in Beauce Caoutchouc Inc. and its Subsidiary UCB Inc.

Sherweb Acquires PurelyHR, a Canadian Leader in Software Solutions

Adoption of Bill 42: Mandatory Disclosure of Nominee Agreement with Tax Consequences

Equity Crowdfunding in Canada: What You Need to Know about the Latest Regulatory Changes

23 BCF Partners Ranked in the Canadian Legal Lexpert Directory

36 Lawyers of BCF Stand Out with 52 Nominations in the 2021 Edition of Best Lawyers in Canada

Equity Crowdfunding: An Alternative to Traditional Financing Not Enough Used by SMEs

BCF Welcomes Six New Lawyers in its Team

IFLR1000 Canada: BCF Ranked Among Quebec’s Leading Financial and Corporate Law Firms

Isabelle Landry and Pierre Delisle, Co-Authors of Les projets immobiliers et les municipalités

Quebecor Sports and Entertainment acquires Théâtre Capitole

Maibec Acquires CanExel Brand

Sale of the Delta Hotel in Quebec City

Ipro Tech LLC and NetGovern Partner to Become a Leader in Information Governance

COVID-19 or Not, Protectionist Tendencies in International Trade Are Here to Stay

Radio-Classique Montréal (CJPX-FM 99.5) Sells its Interest to Leclerc Communication

COVID-19: Tax and Financial Measures Announced in Response to the Pandemic

Criminal Offences in the Construction Industry: The Hidden Consequences of a Guilty Plea and Good Practices

COVID-19: Solutions to Address this Situation

COVID-19: Some Considerations in the Event of a Shareholder Dispute

COVID-19: Managing Your Liquidity and Cash Flow

Who’s Who Legal 2020: Our Lawyers Stand Out

Allied Properties REIT acquires Centre de commerce mondial de Montréal

A Major $145 Million Investment for Alliance Magnesium

Areas of Innovation to Generate Growth

You seek investors? Prepare adequately

White passenger plane on sky during daytime

The Role of Immigration Policies in Attracting Foreign Investment to Canada

Private Equity: Fueling Canada’s Growth

Reverse Takeovers: An Alternative to the Traditional Initial Public Offering

Recruiting the Best International Talent: Tax Holiday for Foreign Researchers and Experts

What If the Success of Your Investments Depends on Canada’s International Treaties?

Municipal Law in Your Real Estate Transactions

La Capitale Sells Its Mortgage Portfolio to Desjardins

Foreign Investment Strategic Forum

50 Questions You Need to Ask Yourself Before Doing Business in Canada

PayFacto Announces Its Acquisition of Posera and Resto Finances

COVID-19: When to Invoke Superior Force?

BCF once again ranks as one of Montreal's Top Employers

Trudel Alliance Buys 7 Shopping Centres in Quebec City for $165M

BCF Names 16 New Partners for Its 25th Anniversary

Aggressive Tax Planning and Public Contracts: Are You Ready?

Are You a Leader or a Follower?Results of the Innovation Survey

The Autorité des Marchés Publics: What You Need to Know Regarding Major Projects and Request for Proposals

Major Public Infrastructure Projects: Where Is Culture in All This?

Infrastructure and Major Projects: Dare to Think Big

Financing the Réseau Express Métropolitain: What About Transportation Dues?

Contex Group Acquires Les Affaires

Chambers Canada 2020: BCF Recognised in Corporate and Commercial Law

Strategic Forum on Innovation

Different Legislative Approaches to 5G

Béton Concept A. M. Acquires CLP Construction Inc.

BCF Imagine Startup Teams Up with an American Giant

Innovating to Survive: Are You a Leader or a Follower?

BCF represented TeraXion Inc. in a major transaction

Humania Assurance Acquires All the Assets of Tour+Med

Investment and Patenting Trends in Artificial Intelligence

5G Technology Is Coming: Legal Questions Abound

Best Lawyers in Canada: 22 BCF Lawyers Recognized

Prevtec Microbia to be Acquired by Elanco

Bell Acquires Groupe V Média

Molson Brewery Purchased for $126 Million, BCF Part of the Transaction

André Ryan: The Grand Prix Lawyer

Health Canada Is Changing its Cannabis Licensing Process

The AMP's New Extrajudicial Complaint System Is Underway!

Business Succession: An Incentive Plan to Retain Your Employees

16 BCF Partners Recognized in the Prestigious Canadian Legal Lexpert Directory

Business Transfer: Ensuring the Continuation of Your Business

How Will Selling Your Company To Your Managers Influence the Transaction?

Define the Future we Want: Equal, Inclusive and Diverse

lunettes

Is Canadian Taxation Fair?

jumelles-de-vue

In The Globe and Mail this Week: Stock Exchange Listings, Unsolicited Bids, and Talent Attraction

Corporate Financing Strategic Report

multicolor

Targeting an IPO in 2019? What Unicorns Should Expect

voilier

A Flexible Tool to Support a Company’s Growth: Mezzanine Debt

pont-en-dessus

How Did Venture Capital Fare in Quebec in 2018 and What Can We Expect to See Next?

fusee

What Issues Can Arise During a Series A Financing Round?

escalier

How to Go About Pre-seed and Seed Funding?

palais-justice

The Canadian Securities Commission?

vitesse

Capital Pool Companies: A Little-Known But Effective Financing Vehicle

agriculture

Public funding in the cannabis industry

piliers

Can a Demand for Share Redemption Lead to a Loss of Shareholder Attributes?

structure-beton

The Impact of Restrictive Covenants When Obtaining Bank Financing

design-immeuble

Venture capital financing instruments: Which way to go?

immeubles-sans-logo-bonne-dimension

Corporate Financing Strategic Forum

BCF Ventures Doubles its Potential Size to $12 million and Presents its Portfolio

Good AI Capital: the First Silicon Valley-Based Venture Fund to Settle in Québec

Wajax acquires Groupe Delom Inc.

Obtaining Financing and the Inherent Challenges of the Cannabis Industry

CFIUS – Recent Additional Protectionist Measures Making Investments in the United States More Difficult

BCF Plays a Major Role in The Acquisition of a Québec Cannabis Producer by Emerald Health Therapeutics

Get the latest thought leadership