SR&ED, Cleantech and Digital Media Tax Credits

Terrebonne

Quebec

Terrebonne, Quebec, located near Montreal, is progressively enhancing its economic landscape by integrating technology and cleantech sectors. This strategic shift aims to capitalize on its historical and cultural assets while embracing modern economic development.

Economic Overview

Terrebonne’s economy traditionally centers on manufacturing, construction, and retail sectors. The city benefits from its proximity to Montreal, providing access to a larger labor market and diverse economic opportunities. Recent years have seen a concerted effort to diversify and modernize the local economy, with an emphasis on sustainable growth and innovation.

Technology Sector

The technology sector in Terrebonne is emerging, particularly in areas like software development, digital services, and smart city technologies. Local businesses are increasingly adopting technological solutions to enhance their competitiveness and efficiency. The city supports this growth through initiatives that foster an environment conducive to technology startups and small to medium enterprises. This includes partnerships with nearby educational institutions such as Cégep régional de Lanaudière à Terrebonne, which provide a pipeline of skilled graduates and opportunities for collaboration on technological projects.

Cleantech Sector

Cleantech in Terrebonne is focused on sustainable urban development and reducing environmental impact. Initiatives include the promotion of energy efficiency in residential and commercial buildings, development of local renewable energy projects, and improvements in waste management practices. These efforts are part of a broader strategy to enhance the city’s environmental sustainability and align with provincial goals for reducing carbon emissions.

Government Support

Government support for technology and cleantech in Terrebonne includes provincial and federal programs designed to stimulate economic growth and sustainability. These programs offer financial incentives such as tax credits, grants, and funding for innovation that drives technological advancement and cleantech solutions. The local government actively collaborates with businesses and academic institutions to create a supportive ecosystem for these sectors.

Future Growth

The future growth prospects for Terrebonne’s economy are promising, with technology and cleantech expected to play increasingly significant roles. Continued investment in infrastructure, supportive government policies, and a focus on innovation are likely to attract further business investments and enhance job creation in these sectors. As Terrebonne continues to develop its capabilities in technology and cleantech, it is well-positioned to become a leader in these fields within the region.

In summary, Terrebonne is leveraging its strategic location near Montreal and community assets to foster growth in technology and cleantech. This focus not only diversifies Terrebonne’s economic base but also enhances its competitiveness and sustainability, positioning the city as an innovative and forward-thinking community in Quebec’s economic landscape.

Location

Technology Strengths in This Region

Aerospace, Health Technology (Healthtech), Property Technology (PropTech)

Most Successful Technology Companies

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