report on laval's economy in 2014

50 YEARS

Report on Laval’s Economy in 2014

OF ECONOMIC SUCCESS

Message from the Mayor of Laval and the Chairman of the Board 3

2014 in Brief 4

Highlights of Laval’s Economy 5

Laval’s 50th Anniversary 10

Poles and Services in Action 11

At the Heart of the Action in Laval: Businesses’ Growth 15

Executive Committee and Board of Directors 17

Laval Technopole Team 18

TABLE OF CONTENTS

Produced by LAVAL TECHNOPOLE

Legal deposit

Bibliothèque et Archives nationales du Québec

ISBN 2-921448-95-5

MAYOR’S MESSAGE

CHAIRMAN OF THE BOARD’S MESSAGE

Since its foundation in 1965, Laval has taken up and risen to incredible challenges that sparked the definition process of an emerging identity. From the outset, the Laval business community adopted economic development strategies that essentially intended to establish a network of high value-added businesses. This year marks the 50th anniversary of the birth of Laval, a milestone that reminds us of the road travelled since its inception and of our ever-growing pride.

Thus the dawning of a half-century of existence sees Laval looking back at its global strategic vision, which will enable us to further develop this vision and make it evolve over the coming years. We have consulted our citizens, corporate citizens, organizations, employees and major partners to find out their perception of various aspects of Laval so we can look together after our city’s destiny.

Therefore, we propose as of 2015 a concretely applicable development strategy allowing us to define Laval as a 21st-century Quebec, Canadian and international metropolis. A pleasant city to live in, that meets its citizens’ expectations to optimize its growth potential, create jobs, attract populations and businesses in a healthy environment and up-to-date urban spaces.

2014 started off slowly, leaving behind a year plagued by a tough and trying worldwide economic context. However, Laval managed to get out while the going was good, and posted very commendable results, with investments totalling $1.2 billion.

In this unfavourable context, Laval focused on its attracting power and assumed its vocational role to project an image of an enthusiastic city on the move, promote our assets, and make the major players in the economic arena stand up, take notice and question. Thus in 2014, our city welcomed in firms such as Lumen, Groupe Lessard and ADNM International, just to name a few. The addition of new companies settling in Laval’s economic environment indicates that we are on the right track. Meanwhile, on the international scene, Laval’s success glittered and several of our businesses stood out; we only have to think of Show Canada and Laser Quantum International.

Throughout 2014, I attended several inaugurations and other events organized by Laval Technopole, and felt great pride

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Economic development is at the very heart of our priorities. Against the backdrop of the eradicated Conférence régionale des élus de Laval (CRÉ) and Centre local de développement (CLD) de Laval, the city now takes charge of the economic missions that formerly fell to these entities, by integrating Laval Technopole’s services into the municipal machinery. We have enthusiastically responded to the challenge, for we firmly believe the city can efficiently and effectively co-ordinate its own economic development. Laval wants to reassure the business community by supporting business people in order to fuel economic growth. We have therefore implemented a general economic development directorate.

from business leaders in being part of a business community as dynamic as Laval’s. Already, 2015 looks very promising, because last December, Standard and Poors raised Laval’s credit rating for the second consecutive year, this time from AA- to AA; this means that financial circles perceive Laval’s orientations favourably.

In 2015, Laval Technopole will be integrated into the City of Laval’s new economic development department, and intends to keep on performing its leadership role to make Laval an inspiring, attractive city. This department will continue striving to attract new businesses and support those already located in Laval.

I thank my colleagues on the Board of Directors and the Laval Technopole team for their support.

MARC DEMERSMayor of Laval

DAVID DE COTISChairman of the Board

653INDUSTRIAL PROJECTS

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$1,224,793,711IN TOTAL INVESTMENTS

303,2M$IN INVESTMENTS FOR THE INDUSTRIAL POLE

3 TRADE MISSIONSVANCOUVER, LYON, FRANCE (FUTURALLIA)

POPULATION OF

420,870INHABITANTS

NEW INDUSTRIAL BUSINESSES

2,392NEW INDUSTRIAL JOBS

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2014 IN BRIEF

REPORT ON LAVAL’S ECONOMY IN 2014 | LAVAL TECHNOPOLE

HIGHLIGHTS OF THE LAVAL ECONOMY

2014 saw the return of billion-dollar investment years. In spite of a persistently unfavourable context, the industrial sector’s recovery, the Laval economy’s diversification and our businesses’ dynamism enormously contributed to the upturn in investments.

The Laval population increased in 2014, inching up from 417,020 to 420,870 inhabitants, and boasts one of the highest demographic growth rates in Quebec. In fact, Laval ranks number one among all Quebec regions in terms of expected population growth (30.7%), followed closely by Lanaudière (30.6%).

In 2014, the activity and employment rates fell off a little, standing respectively at 69.9% and 65.7% in the 4th quarter. Despite this slight ebb, Laval is still on top of all regions in Quebec, showing activity and employment rates above the overall rates for the province.

Meanwhile, the unemployment rate slightly inflated, going from 5.7% in the 4th quarter of 2013 to 6.1% in the same period a year later. This is still lower by 3.8% than the Montreal rate (9.9%), by 1.5% than the overall Quebec rate (7.6%), and by 0.6% than the overall Canadian rate (6.7%).

303,2M$IN INVESTMENTS FOR THE INDUSTRIAL POLE

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SECTORS INVESTMENTS % COMMENTS

Industrial $551,647,001 45% 653 projects

Commercial $77,189,306 6.3% 296 projects

Institutional $177,293,169 14.5% 79 projects

Residential $418,664,235 34.2% 2 556 permits

TOTAL $1,224,793,711 100%

Source: City of Laval — Urban Planning Department

Laval Technopole — Special Compilation

TOTAL INVESTMENTSCity of Laval - 2014

Overall investments, all sectors included, reached a total of $1,224,793,711. This made 2014 the 11th best year on the investment front since 1988. It represents a 26% increase in total investments when compared with 2013.

Industrial investments bounded by 62%, from $340,679,792 in 2013 to $551,647,001 in 2014; the residential sector also took a shot in the arm, topping $418,664,235, or 34.2% of total investments.

$1.2 BILLION WORTH OF INVESTMENTS IN 2014

2014A Billionaire Year

HIGHLIGHTS OF THE LAVAL ECONOMY(CONT’D)

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Industrial investments for 2014 totalled $551,647,001. This represents a 62% gain in comparison with 2013. These latest investments resulted in creation of 2,392 new jobs. A few major establishments tremendously fuelled investment in land, to the tune of a 518% jump over last year. Investments in machinery and equipment also surged ahead (104%). So did R&D: indeed, after R&D investments suffered a major downturn the year before, 2014 demonstrated that the pharmaceutical industry remains an important investment channel for the region. In fact, 84% of all R&D brewing in Laval was carried out by firms in the Biotech City.

In 2014, 33 new projects started up, which amounts to a 14% increase versus 2013. These new establishments generated $184 M in investments, exceeding the previous year’s total by 152% and enabling creation of 719 new jobs.

INDUSTRIAL INVESTMENTS

TYPES OF INVESTMENT INVESTMENTS %

Land $37,527,379 6.8%

Building $134,539,488 24.4%

Machinery and equipment $177,542,952 32.2%

Research and development $191,113,154 34.6%

Training $10,924,028 2%

TOTAL $551,647,001 100%

Source: Laval Technopole – Statistical Survey 2014

BREAKDOWN OF INDUSTRIAL INVESTMENTSCity of Laval - 2014

PROJECTS INVESTMENTS

Lumen (head office and distribution centre) $100 M

Cosoltec (Industria 440 project) $47 M

Tecnocosmesi $15 M

Source: Laval Technopole — Statistical Survey 2014

MAJOR NEW FACILITIESCity of Laval - 2014

33 NEW INDUSTRIAL ESTABLISHMENTS

An Excellent Year for Industrial Investments.


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This year, the Industrial Pole surpassed all other areas from an investment point of view, more than doubling its stake with a 118% extension in comparison with 2013. The total sum of industrial investments in 2014 topped $303.2 million, which not only equals 55% of total investments from all poles, but


Sanofi Canada $32.9 M

GlaxoSmithKline $31.6 M

Vertex Pharmaceuticals (Canada) $21.7 M

Reflet DBM Enterprises $20 M

Montreal Neon Signs $10 M

Groupe Deux Printing $5.5 M


INDUSTRIAL EXPANSION PROJECTSCity of Laval - 2014

POLES INVESTMENTS % NEW JOBS %

Agropole $12.4 M 2.2% 146 6.1%

Biotech City $180.7 M 32.8% 114 4.8%

e-Pole $24.3 M 4.4% 233 9.7%

Business Services and Head Offices Pole $9.5 M 1.7% 190 8%

Industrial Pole $303.2 M 55% 1,524 63.7%

Leisure and Tourism Pole $21.6 M 3.9% 185 7.7%

TOTAL $551.7 M 100% 2,392 100%


BREAKDOWN OF INVESTMENTS AND NEW JOBS BY POLECity of Laval - 2014

For several years, results have shown that a large proportion of industrial investments originates from local businesses’ expansion. In 2014, 620 projects generated investments totalling $367.4 M and will enable creation of 1,673 new jobs.

LOCAL BUSINESS EXPANSION

161 subsidiaries of foreign companies operate in Laval, including several Canadian or North American head offices. These firms’ investments made in 2014 reached a total of $135.2 million and created 378 new jobs. 71.5% of these international investments concerned research and development, and then especially in life sciences.

FOREIGN INVESTMENTS: AN IMPORTANT PART OF LAVAL’S ECONOMY

THE INDUSTRIAL POLE LEADS THE INVESTMENT WAY IN 2014

also is close to double the Industrial Pole’s average investments over the past 10 years. This sudden boost is due, in particular, to two recent major projects: Lumen and Industria 440. With respect to employment, the number of jobs rose by 59%, from 957 in 2013 to 1,524 in 2014.

HIGHLIGHTS OF THE LAVAL ECONOMY(CONT’D)

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In 2014, within the overall municipal and private industrial park picture, six new site projects started up, and initiated development of 199,310 square metres of industrial land. They will generate investments of around $178 M and enable creation of 425 new jobs.

1,331 construction permits for new housing units, including condominiums, were issued in 2014, in comparison to 1,514 in 2013, which represents a 12.1% fallback. However, the total value of new residential construction permits in 2014 attained $364.5 M, a slight gain from $362.4 M in 2013.

The reverse occurred for renovation permits: their numbers grew, but their dollar value dropped. Indeed, their total value fell off by 37%, shrinking from $298 M in 2013 to $187.7 M in 2014, while the number of permits delivered progressed by 21%, from 2,021 to 2,444 for the same period.

INDUSTRIAL PARKS: A DIVERSIFIED ACCOMMODATION CAPACITY

RESIDENTIAL SECTOR

PARKS COMPANIES SQUARE METRES

INVESTMENTS

Industria 440 Lumen 89,250 $100 M

Industria 440 Cosoltec 55,891 $47 M

Montoni Laval VIII Corporate Centre

Tecnocosmesi 21,128 $15 M

Montoni Laval VIII Corporate Centre

Montreal Neon Signs

19,045 $10 M

Montoni Laval III Corporate Centre

Groupe 2 Printing

9,289 $5.5 M

Source: Laval Technopole — Special Compilation 2014

SECTORS NEW PERMITS IMPROVEMENTS TOTAL

Residential $364,527,214 $54,137,021 $418,664,235

Commercial $20,041,277 $59,133,780 $79,175,057

Industrial $47,975,000 $21,718,169 $69,693,169

Institutional $15,304,200 $52,706,553 $68,010,753

TOTAL $447,847,691 $187,695,523 $635,543,214

Source: City of Laval — Urban Planning Department, January, 2015

PRIMARY INVESTMENTSMunicipal and Private Industrial Parks

DECLARED VALUES OF CONSTRUCTION PERMITS DELIVEREDCity of Laval - 2014

Over 10 million square metres of land developed since 50 years ago.


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In the wake of the turbulence observed in the retailing trade, investments in the commercial sector waned by about 10.5% from $86.2 M in 2013 to $77.2 M in 2014.

Investments in this sector attained $177.3 M for 2014, a hefty 68% increase over the previous year. The number of projects rose in a similar proportion, from 49 to 79. These 79 projects account for 14.5% of total investments made.

THE COMMERCIAL SECTOR

A SOLID YEAR FOR THE INSTITUTIONAL SECTOR


Carrefour Laval (retail and office space layout work, shopping centre expansion)

$12.2 M

Sun Life Financial (construction of an office tower at 3111 St. Martin Blvd West)

$7 M

Durocher automobile dealership (relocation to 2160 Dagenais Blvd West)

$7 M

Harley Davidson Prémont (major renovation, 4501 Autoroute 440)

$5 M

Centre Laval (renovation, layout work)

$5 M

Curé Labelle Centre management (construction of a commercial building at 2458 Curé Labelle Blvd)

$3 M


City of Laval — Construction Permits 2014 and Urban Planning Department


Cité de la santé de Laval $9.1 M

Villa Sainte-Rose $9 M

Commission scolaire de Laval (Jean-Lemonde school expansion)

$8.3 M

Commission scolaire de Laval (expansion of the Centre de formation professionnelle polymécanique)

$2.2 M

University of Montreal (renovation work)

$1.9 M

Montmorency College (various work) $1.5 M

Le Pilier Foundation (expansion and retrofit)

$1.5 M

Source: City of Laval — Construction Permits 2014 and Urban Planning Department

PRIMARY INVESTMENTS

PRIMARY INVESTMENTS

Place Bell, A Project Worth

$200 M

LAVAL’S 50TH ANNIVERSARY

Since its birth in 1965, Laval has become one of the most important focal points in the Quebec economy.

It has evolved into a modern, dynamic, ecologically committed city, offering its citizens a high-quality, welcoming environment that promotes development of up-to-date, leading-edge firms.

From day one, Laval has devised and implemented strategic plans to carry out its industrial, institutional, commercial and residential development. Through the line of administrations that have governed the city, the industrial policies that they adopted have enabled Laval to host a very broad variety of businesses.

This required creation of a planned accommodation capacity through implementation of new municipal and private industrial parks. There were only two at foundation time in 1965; 50 years later, they have come to number a dozen.

The urban organization and the establishment of a strategic consensus with the major players and stakeholders of Laval’s economy explain the vivacity of Laval’s commercial and industrial community.

As its development strategy unfolded, the life sciences sector quickly took on its full significance and blossomed through the major partnership between the Armand-Frappier institute and the City of Laval, which led to creation of the Laval Science and High Technology park in 1989, and the advent of the Centre québécois d’innovation en biotechnologie (CQIB) in 1995. The pharmaceutical industry, its presence already felt in the fledgling years of Laval’s existence, thus developed a very high degree of exposure as part of the city’s economic development. Implementation of the Institut national de recherche scientifique (INRS) turned out to be a major asset for Laval, creating synergies with the business community. Today, the Science and High Technology park is called the Biotech City, a business and science centre born in 2001.

Laval has experienced phenomenal growth in the commercial sector. Implementation of a neighbourhood retailer network breathed new life into the various districts. The emergence of the Carrefour Laval and other shopping centres from the 1970s on proved to be a veritable economic driving force, attracting new retail stores, offices and residential quarters.

The Cité de la santé de Laval hospital, offering state-of-the-art health equipment, opened its doors in 1978. This drew in numerous physicians who set up their medical practices and homes in Laval, and laid out a new residential quarter around the hospital.

Implementation of a new development management model with the inception of the Corporation de développement économique de Laval (CODEL) in 1985 increased the business community’s involvement in regional economic development management. Later on, the birth of Laval Technopole in 1995 redefined the positioning of Laval’s economy, theretofore founded essentially on a scientific economy. Inspired by the technological and industrial cluster concept and system, Laval Technopole has structured the Laval economy around excellence poles.

In brief, as part of the extremely competitive world of North American metropolitan regions, Laval is an asset as much for local business growth as for deployment of a diversified value-added offering. It is a friendly, supportive environment that provides a high quality of life and a surprising economic development capacity that immensely contributes to the Greater Montreal Region’s overall development.

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More than $7.7 G In Industrial Projects over the Past 50 Years.


AGROPOLE

The Agropole management team worked toward implementing innovative initiatives promoting attraction, retention and transfer of businesses. It also took the preliminary actions necessary for initiating an agricultural park, and collaborated in Montmorency College’s Institut de design et de développement des terres urbaines (ID2TU) project.

2014 also provided an opportunity to finalize the agricultural snapshot and diagnosis work carried out as part of the Agricultural Zone Development Plan (Plan de développement de Ia zone agricole [PDZA]), due to be adopted this spring. In addition, the pole conducted a study intended to draw up a list of food processing subcontractors.

In 2014, the BioFloral firm that operates in hydroculture and horticulture products enjoyed one of the highest growth rates in the sector.

BIOTECH CITY

The Biotech City made 23 visits of resident businesses, and eight companies newly settled in: Biotech Connect, Giiant Pharma, Inixium, ILS Pharma, Labofine, Mangogen, Nutricia and Karici Diagnostics. It also handled 36 new investment projects, and 66 are in progress. In addition, it welcomed six delegations during the year, in particular those from Alsace, Taiwan and Bavaria, and organized a few events, including a networking 5-to-7 cocktail and two Bio-Lunches. Furthermore, it participated in two international missions: BIO International Meeting in San Diego, and UBI France in New York.

The Biotech City also started up the Contract Research Organizations (CRO) Network, whose objective consists in promoting this life sciences industry segment. It produced a Web-based interactive map that centralizes a list of all these organizations.

POLES AND SERVICES IN ACTION

NANCY GUAYDirector | Agropole

JEAN-MARC JUTEAUDirector | Biotech City

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Biotech City:

$161 M in R&D Investments

POLES AND SERVICES IN ACTION(CONT’D)

BUSINESS SERVICES AND HEAD OFFICES POLE

In 2014, the Business Services and Head Offices Pole organized 10 head office visits with the Mayor of Laval. Close to 150 people from the business community attended the cocktail for the launch of the 2nd edition of the Laval Commercial Real Estate Guide. Mayor Demers and his team’s members discussed the numerous advantages and opportunities the Laval real estate market has to offer.

A service firms committee was appointed last fall to discuss this sector’s challenges and issues. A second meeting is scheduled in 2015.

Excel Personnel, a personnel placement agency, as well as Groupe Vézina et associés, an insurance brokerage firm, both settled in Laval. The Dunton Rainville law firm also relocated its head office in Laval’s Centropolis section.

CHANTAL JOYALDirector | Business Services

and Head Offices Pole

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e-POLE

The e-Pole management team pursued its awareness-raising mandate with telecommunications companies and municipal authorities in order to maintain a continuous flow of investment in very-high-speed Internet access.

In June, 2014 came the launch of the IntégraTIon Québec program with support from Laval Technopole and several partners. This program’s goal consists in promoting integration and employment retention of foreign-trained ICT professionals.

In order to support businesses’ growth efforts, the e-Pole team performed 28 visits and organized several activities, such as Speed daTIng 2.0. This business development event focuses on local purchasing and discovering new technological trends. The pole also held other conferences, in particular on free software, telework, scientific research and experimental development.

JEAN-MARIE PRESSÉDirector | e-Pole

22% More Jobs Under the e-Pole


MARKETING AND COMMUNICATION SERVICES

This department actively participated in Laval Technopole and International Business Centre activities, and also provided businesses’ promotion. In particular, it carried out numerous inaugurations, including Lumen, Industria 440 and ADNM International. Two monthly newsletters are still being distributed.

Among the new publications that will enhance the team, the department produced a Biotech City brochure, a video, an International Business Centre review bulletin, and the 2nd edition of the real estate guide. Our presence in social networks is ongoing, and the Biotech City campaign launched on Linked-In was a complete success. This will continue in 2015. An interactive map indexing Laval’s and Greater Montreal’s contractual research organizations was developed for the Biotech City.

LEISURE AND TOURISM POLE

2014 kicked off with the conclusion to the Recreolab pilot project, an activity bringing together partners and promoters from various walks of business who all aim to participate in a workshop in order to identify innovative leisure and tourism projects. This exercise, an intersector first, was highly appreciated. The synthesis leaflet was submitted to the City of Laval at the dawn of the strategic planning process.

In other respects, the pole management offered specialized consulting, site search, financing, shooting request and strategic coaching services catering to businesses. The team also participated as an evaluation committee member in the call to citizen projects as part of Laval’s 50th anniversary festivities.

Novelties in 2014: A unique experience, the Aerosim flight simulator, and the new indoor arena to the Mille-Îles river equestrian centre were added to the existing interior sports product offering.

INDUSTRIAL POLE

The Industrial Pole team carried out some 15 industrial visits, which included three subsidiaries and two research centres, and collaborated on 17 development projects, of which six new builds and 11 local business relocation or expansion projects. These activities generated new investments worth $286.5 M, created 470 new jobs and preserved 127 others, and spurred development of 199,310 square metres of industrial land.

Last May, a luncheon meeting focusing on hybrid assemblies was organized in partnership with Sous-traitance Industrielle du Québec (STIQ) and brought together over 30 people from a score of companies, including a dozen from Laval. Efforts to promote industrial subcontracting continued thanks to renewal of the agreement with STIQ. Thus we identified 23 Laval-based businesses that established contact with important contract givers for a total of 33 public or private business opportunities.

The pole’s management also represented Laval Technopole on the City of Laval strategic planning steering committee and the Montreal International Partners committee on foreign investments, and participated in the deliberations, transactions and other work of the Montreal Metropolitan Community’s industrial spaces watch committee.

GILBERT LEBLANCVice-President | Development,

Investment and Real Estate, and Director, Industrial Pole

MARTINE-ANDRÉE RACINEDirector | Leisure and Tourism Pole

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SYLVIE GAUTHIERDirector | Marketing and Communication Services

A 118.7% Jump in Investments Under the Industrial Pole

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BRUNO SÉGUINActing Director |

International Business Centre

INTERNATIONAL BUSINESS CENTRE

In 2014, Laval Technopole’s International Business Centre carried on with its strategy of the past few years, which was to offer a more sustained and continuous coaching service with a core of promising businesses. Such an approach enables production of a more significant impact on these businesses’ projects and generates concrete results. That said, we have once again demonstrated this year that we nevertheless manage to reach a large number of Laval-based businesses through our activities or our consulting service inputs and actions.

SUMMARY OF PERFORMANCE, 2014The businesses that took advantage of the International Business Centre’s services forecast that export sales will grow by $113.6 M over the next two years. As far as marketing investments are concerned, our clients expect to invest $1 M, and the businesses we have supported obtained $372,300 in financing.

During the year, 24 businesses were selected and coached more continuously as part of the trade missions, consulting mandates or coaching projects. These businesses’ attractive results follow directly from actions we took jointly with them:

• 18 expect to increase their sales figures;

• 10 calls to tenders were received;

• 9 distribution agreements were signed abroad;

• 10 plan to hire, which should generate about 100 new jobs.

Beyond this coaching effort and the ensuing results, the International Business Centre offers numerous products and services. Indeed, we carried out three trade missions, 16 training sessions and four coaching/training sessions. More than 580 participants and 292 different businesses took advantage of our services.

Thanks to the International Business Centre’s support:

Industries Show Canada delivered its largest project ever as part of the Sotchi 2014 Winter Olympic Games Opening and Closing Ceremonies.

BONE Structure expanded in Western Canada and on the American West Coast, in particular, by opening an office in San Francisco.

TerraNova WW Corporation reviewed and optimized its sales and distribution network world-wide in order to further improve performance on international markets.

Pyxis Technologies opened offices in Belgium and France to provide its Agile management and development consulting services.

POLES AND SERVICES IN ACTION(CONT’D)


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ADNM INTERNATIONAL MOVES ITS OFFICES TO LAVAL

In the fall of 2014, ADNM International inaugurated its brand new head office in Laval. The new facilities, measuring 930 m2 in area, enable ADNM to raise its infrastructures’ capacity in order to meet a growing demand for its line of hosted services in Software as a Service (SaaS) and Platform as a Service (PaaS) modes. The modern, ergonomic office space will bene-fit the entire group by promoting inter-team interaction and thus meeting the firm’s expectations.

Founded in Saint-Eustache in 2001, ADNM International is a Microsoft Gold Certified Partner. Over the years, the firm be-came a major player in the Microsoft Partner network by offer-ing its clients Microsoft products, as well as its own integrated solutions and services that have made its repute on the national and international scenes.

SERVIER INAUGURATES ITS NEW CLINICAL DEVELOPMENT CENTRE IN BIOTECH CITY

Servier Canada’s Laval head office inaugurated its clinical research excellence centre in the Biotech City on October 10, 2014. This new centre’s mission consists in taking part in the design and development of Servier’s international clinical research. In fact, the centre will enable the firm to create and consolidate high-caliber jobs in the pharmaceutical industry. The advent of this centre reinforces the Biotech City’s role as an excellence pole in the pharmaceutical sector.

AT THE HEART OF THE ACTION IN LAVAL:BUSINESSES’ GROWTH

New Sites: Investments Increased by

152%GROUPE LESSARD SETTLES IN LAVAL

In 2014, Groupe Lessard, a leader in design, manufacturing and installation of high-performance building envelope systems in the commercial, institutional and industrial sectors, chose Laval for setting up its head office. The firm found in Laval a building on a 44,593-square metre lot enabling it to both bring all its employees together in the same premises and meet its future expansion needs. All Groupe Lessard products are designed and produced in the Laval facilities.

Groupe Lessard draws on the services of 300 employees, of which 120 work on the road, and 180, in the offices. Location was a determining factor in the final decision: as the building is close to both Autoroute 15 and a metro station, Laval was a strategic choice.

Lumen: The Largest Industrial Investment Project in the History of Laval.

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AT THE HEART OF THE ACTION IN LAVAL:BUSINESSES’ GROWTH(CONT’D)

THE GRAND CHATEAU HOTEL GROUP MODERNIZES ITS LAVAL FACILITIES

The Laval Hilton hotel carried out major investments by modernizing its entire facilities in order to better serve its business clientele. The renovations will continue until the end of 2015, and the hotel will then offer 42 extended-stay suites with complete kitchens and over 148 regular rooms.

The Sheraton Laval also proceeded to perform large-scope renovation work. By the end of 2015, the hotel will be entirely renovated, and all suites and rooms transformed to take on a modern, urban personality. The restaurant La Piazza was entirely redesigned in August, 2014.

Total investment for these two hotels exceeded $10.5 M for 2014 and 2015, and the whole project will be completed in the fall of 2015.

Strategically located on Autoroute 15, the two hotels present considerable advantages for business people: not only do both rest in the heart of the greater metropolitan region and are quickly accessible from the Montreal Trudeau International Airport, but also, within a perimeter of only a few kilometres are located the Carrefour Laval, Centropolis, numerous excellent restaurants, as well as an innovative inside sports tourism offering, including Sky Venture, Maeva Surf, Clip’n Climb and the Aerosim flight simulator.

LUMEN RELOCATES ITS HEAD OFFICE AND DISTRIBUTION CENTRE IN LAVAL

In June, 2014, Lumen, Quebec’s leader in electrical products distribution, announced a $100 M investment aiming to settle its new head office and distribution centre in Laval. A 35,768-square metre LEED-certified building on a site measuring almost 92,903 square metres in area is currently under construction.

Founded in Saint-Eustache in 1962, Lumen is a member of the Sonepar Group, the world’s largest electrical equipment distributor, since 1984. The power and reach of Sonepar’s international network allows Lumen to provide not only the most comprehensive line of products in the industry, but also the latest technological innovations in the electrical field.

Lumen rigorously meets the requirements of a varied client base coming from different sectors of the industry, including electrical contractors, property managers, consulting engineers and original equipment manufacturers (OEM) in the residential, municipal, commercial, industrial and institutional sectors.


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PRESIDENT

DAVID DE COTISVice President of the Executive Committee, St-Bruno City Councillor, City of Laval and Interim President and Executive Director, Laval Technopole

VICE PRESIDENTS

MIREILLE BEAUDETLawyer, Mediator and Arbitrator

FRANCO ZEGARELLIPresident, Baracci Solutions

SECRETARY

GILLES LACROIXAgricultural Producer, Les Serres Gilles Lacroix

TREASURER

JEAN-MARC GRAVELPresident, Jean-Marc Gravel CPA

ARMAND AFILALOPresident and Chairman of the Board, MEP Technologies / Artmetco

LAURA BATTISTIAccounting and Administrative Officer, Cleman Ludmer Steinberg

ROBIN BLANCHETGeneral Manager, Fèves au lard L’Héritage

DANIEL CODERRERector, Institut national de la recherche scientifique

STÉPHANE CORBEILPresident, Teris

MARTIN DESROCHERSPresident, Madeco Construction

VIRGINIE DUFOURMember of the Executive Committee and Ste-Rose City Councillor, City of Laval

MICHEL GALLANDCEO, Groupe Galland

ALEXANDRE JARRYLawyer and Partner, Jarry Girard, Legal & Business Counsellors

ANDRÉ LABRECQUE, MBA, CGAManaging Partner, Laval Lab

ANTHONY LACOPOPresident, Utopia Image

RÉJEAN LAMOUREUXPresident, Réseau Lam

LOUIS PROULXChairman of the Board, GPL Insurance

CINDY WALSH, ING.Vice President, Finance and Operations, Okiok

EXECUTIVE COMMITTEE* BOARD OF DIRECTORS*

THE EXECUTIVE COMMITTEE AND THE BOARD OF DIRECTORS

*as of December 2014.

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GENERAL MANAGEMENT

DAVID DE COTISPresident and Executive Director on an interim basis

JOHANNE GÉLINASExecutive Assistant

INVESTMENT AND REAL ESTATE DEVELOPMENT

GILBERT LEBLANCVice-President – Development, Investment and Real Estate

NANCY GUAYDirector, Agropole

CHANTAL JOYALDirector, Business Services and Head Offices Pole

JEAN-MARC JUTEAUDirector, Biotech City

JEAN-MARIE PRESSÉDirector, e-Pole

MARTINE-ANDRÉE RACINEDirector, Leisure and Tourism Pole

CLAUDINE MAYNARDProject Manager

SUZANNE CHALIFOUXAdministrative Assistant

CLAUDINE DISERENSAdministrative Assistant

JULIE THÉROUXAdministrative Assistant

BUSINESS STRATEGY AND FINANCING

DAMIEN CLOUTIERVice-President, Business Strategy and Financing and Director of Operations, CLD de Laval

Administrative Services (CLD)

ELOÏSE GIRARDOTOperations Manager

DOMINIQUE PAQUETTETechnician Entrepreneurial Development

EMMANUELLE SAULNIERInformation Agent

Visibility Services (CLD)

CHERRYL BYRNSHead of Communications

MARIE-CLAUDE PAGEAUHead of Communications

Financial Services (CLD)

NATHALIE CARONBusiness Development Advisor

ANDRÉ FILLIONSenior Business Development Advisor

CÉLYNE LAFRANCEBusiness Development Advisor

TIEN TAI LESenior Business Development Advisor

International Mobility (CLD)

STÉPHANE PICHARD-SUCHEYREDirector

CLAUDIE PRONOVOSTAdministrative Technician

Business Development (CLD)

NATHALIE PLANTEDirector

LAURENCE B. CHAUMILLONBusiness Development Advisor

MARIE-ANDRÉE FONTAINEBusiness Development Advisor

MARTIN LAPIERREBusiness Development Advisor

ANDRÉANNE LEDUCBusiness Development Advisor

PATRICK VILLAPIANABusiness Development Advisor

LAVAL TECHNOPOLE INTERNATIONAL BUSINESS CENTRE

BRUNO SÉGUINActing Director

FRÉDÉRIQUE BOISSIERProject Manager

CAROLINE BOUCHARDAdvisor

SONIA ZIADÉAdvisor

CÉLIA LIGANAdministrative Technician

MARKETING AND COMMUNICATION

SYLVIE GAUTHIERDirector

CLAIRE MONTEILSenior Advisor

LOUISE PERREAULTSecretary – Receptionist

ADMINISTRATIVE SERVICES AND HUMAN RESOURCES

FRANCINE PERROTTEDirector

LUCIE DÉSILETSHuman Resources Coordinator

GINETTE ROBERGEResponsible for IT – Internal Management and Building

LUCIE SUMMERSIDETechnician Accountant

LAVAL TECHNOPOLE TEAM


1555 Chomedey Boulevard, Suite 100, Laval, Quebec H7V 3Z1 CANADA

Telephone: 450-978-5959 | Fax: 450-978-5970

[email protected] | lavaltechnopole.com

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