People say life’s most precious resource is time, but energy is probably closer to the truth. Sustainable and renewable sources of energy are top of every major corporation’s mind — which may be why Google chose the Greater Montréal area for its new $375 million data centre. The province of Québec has a strong competitive edge in clean energy, and that was certainly a key factor in Google’s decision.
Natural resources and intellectual capital
With plentiful natural resources in hydropower as well as new sources of renewable energy such as biofuels, green hydrogen and renewable natural gas, Québec is strategically located for global companies looking to lower their carbon footprint. It’s part of what makes the province a draw for high-profile cleantech companies; Montréal is an environment that fosters technological innovation and the acquisition of new expertise in sustainable alternatives.
Businesses connecting to the grid operated by Hydro-Québec, among the world’s leading hydropower producers, have access to energy that’s 99% renewable. Wind power is the second most important source of electricity in Québec and holds exciting potential given the size of the province. It’s worth noting, also, that Montréal boasts the lowest and most stable electricity rates in North America.
A collaborative sustainability ecosystem
Montréal draws its strength from a diversified ecosystem that includes many sustainability research hubs, including international and industry organizations, as well as leaders in transportation electrification, sustainable mobility and artificial intelligence.
Other draws to the city include:
- Solid government commitment with incentives favouring the clean energy transition including refundable tax credits:
• 30% to manufacture or transform clean technologies
• 15% to support and accelerate clean electricity investment
• 15-40% to bolster investment in clean hydrogen - A strategic location in North America
- More than 190,000 IT talents
- World-class universities and targeted training programs
- Operating costs among the lowest in North America
Our colleagues over at Montréal International provide personalized support to international associations and organizations who are seeking to establish offices in Montréal. And we — Business Events Montréal, a branch of Tourisme Montréal — provide support to associations and organizations interested in hosting events in Montréal. Do get in touch!
Read this next: How to host sustainable events — in Montréal and beyond
