Citing 'serious concerns,' city to disband Technoparc Montréal

Mayor Valérie Plante announced Thursday that the city will disband the non-profit organization that runs the Technoparc in St-Laurent, citing “serious concerns” with its management.
As of the end of the year, Montreal will pull the plug on $2.6 million in annual funding to Technoparc Montreal and take over direct management of the high-tech industrial park, Plante said at a news conference at city hall.
On Feb. 13, the city served a preliminary notice to Technoparc Montreal th