Montreal’s economy is expected to expand by 2.9% this year.
The positive momentum is fuelled by strong non-residential investment, solid job creation, and healthy population growth.
Montreal’s labour market is tightening, which is in turn fostering wage gains and increasing consumer confidence.
This has resulted in high levels of new home construction and solid growth as well as retail sales.
Montreal’s economy is expected to stall in the near future as a result of higher interest rates and hevt loads. This will result in a smaller, yet still solid, real GDP gain of 1.8% in 2019.
New government initiatives will save potential business owners thousands of dollars and give them access to numerous resources to help their businesses thrive. Small businesses make up 98% of all Canadian businesses and are the backbone of the economy.
Montreal entrepreneurs have a huge opportunity for expansion and capital is in great demand.… at SharpShooter Funding we love servicing Montreal Business Owners and we provide fast processing to all loan applications. Apply online or call one of our expert Montreal loan consultants. SharpShooter Funding is your small business loan source for Montreal small business owners.