Inflation has had an impact on the City of Montreal's revenues and spending. Montreal continues to collect property taxes, a stable source of income, but with weakening supply chains, the labour shortage, higher interest hikes, and economic effects from the war in Ukraine – how will Montreal's economy continue to be affected?

Both supply chains and the war in Ukraine have been deemed short term impacts by Montreal's city council, but the labour shortage and increased interest rates have been categorized as medium term effects – meaning the city will feel the weight of these situations longer than the weakened supply chain and the war in Ukraine. But it will not be impacting Montrealers in the long haul, according to the City of Montreal.

The City's main source of revenue is through property taxes by 63%, services rendered and other income by 22.4%, quota of reconstituted cities by 7.5% and transfers by 7.1%.

Montreal has a role within the province of being Quebec's Metropolis, dubbed a locomotive for the province's economy. Montreal contributes a total of 35.3% to Quebec's Gross Domestic Product (GDP) against a demographic weight of 24.3%. Montreal represents a large amount of Quebec's total labour force by 53%. The city attracts 80-90% of Quebec's net international immigration each year. More than 52% of the provincial government's revenue comes from Montreal. 

The traditional role of the City of Montreal is changing and its impact is greater than just on its territory, this includes the city's public transportation, housing, homelessness, economic development and immigration.

The City of Montreal is the largest urban centre in Quebec, however, without formal recognition of this, accompanying powers or adequate funding, bill 122 recognizes municipalities as local governments.

Since winning re-election in the fall of 2021, the city's municipal government has continued to vow for improvements to the metropolis' public transit. Public transit currently represents 10% of the city's current budget, but the needs are increasing. Considering housing, the city does not have all the levers and powers to handle this, but this is instead an issue for the provincial government to handle.