Laval's diverse economy is centered on the technology, pharmaceutical, industrial and retail sectors. It has many pharmaceutical laboratories but also stone quarries and a persistent agricultural sector, and was long seen as a dormitory town. Laval boasts numerous malls and warehouses thanks to their recent boom in retail.
Industrial Park Center is one of the largest municipal industrial parks in Quebec. The Industrial park is located in the heart of Laval and contains the highest concentration of manufacturing companies in Laval.
Highway 25 Industrial Park is a new industrial municipal space that has become a tremendous success with an 80% occupancy rate. The Highway 25 Industrial Park is at the crossroads of the metropolitan road network, making it easy to access. Laval is presently studying the possibility of expanding this park in the next few years.
Industrial Park East has reached full maturity with a 100% occupancy rate. Located in Saint-Vincent-de-Paul, the Industrial Park East is currently part of a municipal program to revitalize municipal services and public utilities. Laval is working with a private developer on an expansion project for the park that should be announced in the near future.
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Laval Science and High Technology Park is an internationally renowned science campus that houses the Biotech City and the Information Technology Development Center. The Laval Science and High Technology Park is a beacon of the metropolitan economy, and is located in an environment befitting the best technologies in the world, along Riviere des Prairies and Highway 15, the Biotech City spans the entire territory of the Laval Science and High Technology Park and is a unique concept in Canada that its residents comprise both universities and companies.
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