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Which high-technology industries grew in Montreal after manufacturing jobs declined?
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Montreal
Montreal.
Following the decline of traditional, labor-intensive manufacturing industries in Montrealâsuch as clothing, textiles, and footwearâthe cityâs economy underwent a significant restructuring toward high-technology and knowledge-based sectors.12
Key high-technology industries that emerged or expanded in Montreal include:
- Aerospace: This is a major employer in the region, supported by the presence of international organizations like the International Civil Aviation Organization and the aerospace industry at large.12
- Pharmaceuticals: The city has become a hub for the development and manufacture of pharmaceutical products.12
- Software and Telecommunications: Montreal has seen growth in software development and the production of telecommunications equipment.1
- Engineering and R&D: Research and development, particularly regarding transportation, remains a significant economic component.1
- Computer-related services: The manufacturing sector in Greater Montreal is being further transformed by an increasing number of computer-related companies.3
Additionally, the city maintains a strong role in electrical power generation through Hydro-Québec, which is owned and operated by the provincial government.1