Economy
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Although a large chunk of Longueuil's work force commute to Montreal, the city nevertheless offers many jobs in a diverse range of industries. Above all, Longueuil benefits from having very low property value despite its close proximity to Montreal.
Longueuil is particularly strong in the aerospace industry. It is home to the headquarters of both Pratt & Whitney Canada and Héroux-Devtek, each employing thousands of workers. Also located in Longueuil is the headquarters of the Canadian Space Agency (John H. Chapman Space Center), adjacent to Montréal/Saint-Hubert Airport. Pascan Aviation has its headquarters in Saint-Hubert, Longueuil. Other companies based in Longueuil include Agropur and Jean Coutu Group.
In 2008, Canadian Business ranked Longueuil as the 30th best place to do business in Canada.
Read more about this topic: Longueuil
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)