With more than half of Canada's biopharmaceutical industry and 40 percent of its telecommunications business combined with strong information technology and new media industries, Montréal has been repositioned as a major international city for the 21st century. As the second largest civil aviation center in the world, the aerospace industry along with Montréal's four renowned universities, 300+ research centers, 75 locally spoken languages, and abundance of venture capital, are all reasons global companies are relocating to Montréal.