Top 10 Financial Updates in Montreal

Montreal, a bustling financial hub in Canada, has seen significant economic shifts in 2025. From corporate earnings to municipal budget changes, here are the top 10 financial updates shaping the city:

1. City of Montreal’s Budget Review – The city posted a modest surplus of $187.6 million despite declining revenues and increased spending. Officials are exploring new revenue sources for the next fiscal year.
2. Biggest Companies by Market Cap – Canadian National Railway (CNI) remains Montreal’s most valuable company with a market cap of $66.72 billion, followed by National Bank of Canada and WSP Global.
3. Property Tax Adjustments – Montrealers saw a 4.9% property tax increase, aligning with inflation trends. However, with inflation now at 2.7%, the city is reassessing its revenue strategies.
4. Financial Management Conferences – The city is hosting major financial conferences, including the 37th Global Conference on Accounting and Financial Management and the Annual Financial Management Symposium, attracting global experts.
5. Hiring Freeze and Spending Cuts – To manage budget constraints, Montreal implemented a hiring freeze and spending reductions, saving $115.7 million in the last fiscal year.
6. Banking Innovations Conference – The International Conference on Banking Innovations is set to discuss AI-driven financial solutions and fintech advancements.
7. Corporate Governance Summit – Montreal will host the Annual Corporate Governance Summit, focusing on ethical financial practices and regulatory updates.
8. Investment Management Trends – The Canadian Investment Management Summit will highlight emerging investment strategies and market trends.
9. Financial Inclusion Initiatives – The Global Forum on Financial Inclusion will address economic accessibility and financial literacy programs.
10. Behavioral Finance Workshop – Experts will gather at the International Workshop on Behavioral Finance to discuss psychological influences on financial decision-making.

Montreal’s financial landscape is evolving rapidly, with key developments shaping the city’s economic future. Stay tuned for more updates as the year progresses!