C2 Montréal is a nonprofit organization which holds an annual 3-day international conference in Montreal, Quebec. Its intention is to stimulate the economy in the province of Quebec by facilitating collaboration and networking within the business and creative communities. The conference was conceived by the Montreal-based creative agency Sid Lee in partnership with Cirque du Soleil and has been held every year in May since 2012.[1] C2 Montréal is subsidized by profits generated by C2 International Inc.[2]
The conference requires active participation from the attendees. Participant activities include attending speaker segments, participating in workshops, and one-on-one meetings with other participants (referred to as “Braindates”).[8] Due to the media exposure generated by the conference, attending participants are required to agree to a recording and image waiver.[9]
Governance
Fourteen administrators govern C2 Montréal, two of whom are representatives from the organization's cofounding partners (Sid Lee and Cirque du Soleil).[10]
Funding
As a nonprofit organization, C2 Montreal receives its funding from corporate sponsors and from the Government of Canada. For its first conference in 2012, the organization received grants totalling 40% of its total budget from the federal government. In 2017, the grants had been reduced to 15% of the organization's total budget as C2 Montréal had successfully secured more significant funding from their private sponsors.[11]
The Canada Economic Development for Quebec Regions, an agency working within the Government of Canada providing assistance to Quebec-based organizations,[12] has awarded a $1.5 million non-repayable grant to C2 Montreal, with half of the amount allocated to the 2018 conference and the other half allocated to the upcoming 2019 conference.[13]
C2 International Inc.
Created in 2015, C2 International Inc. specializes in the facilitation and logistical services for international high-profile events. It is owned by the Montreal-based creative agency Sid Lee. Earnings gained by C2 International finance C2 Montréal. The for-profitcompany shares expenses with C2 Montréal, which includes employees. C2 International also produces the Movin' On Summit and C2 Melbourne (now cancelled).[11][14]
C2 Melbourne
C2 International was preparing for the C2 Melbourne conference, scheduled for October 2018. Arrangements for this event came to a halt upon an announcement from its creator Martin Enault, claiming health issues.[14] It would later be confirmed by current president of C2 Montréal, Richard St-Pierre, that low ticket sales and the retraction of a major partner were the cause of cessation of C2 Melbourne. Thirty employees were discharged from C2 International as a result.[15]
Criticism
Economics professors François Vaillancourt of Université de Montréal and Amine Ouazad of HEC Montréal stated that C2 Montréal's $167.5 million economic impact affirmed in a 2017 study conducted by PricewaterhouseCoopers produced "exaggerated" claims. The professors declared issues with the study, one being that C2 Montréal doesn't follow the method mandated by Tourisme Québec to calculate economic impact, and the other being that the value of the contracts between the participating Québec institutions and C2 Montréal is unknown.[11]
