Delrina was a Canadian software company, founded in 1988 and was subsequently acquired by the American software firm Symantec in 1995. The company sold electronic form products, including PerForm and FormFlow, but was best known for its WinFax software package, which enabled computers equipped with fax modems to transmit copies of documents to standalone fax machines or other equipped computers. Delrina produced a set of screensavers, including one that resulted in a well-publicized lawsuit for copyright and trademark infringement; the case set a precedent in American law whereby satiric commercial software products are not subject to the same First Amendment exemptions as parodic cartoons or literature. It sold online communications software with its WinComm product and produced a Web browser called Cyberjack; the firm was sold to Symantec in 1995. After the company was acquired by Symantec, various divisions were sold off and several of Delrina's former executives went on to found venture capital firms.
Delrina was founded in Toronto in 1988 by Zimbabwean expatriate Bert Amato, South African expatriates Mark Skapinker and Dennis Bennie and American Lou Ryan. Delrina was Bennie's third major entrepreneurial start up after co-founding Mission Electronics, a high-end home entertainment equipment producer, Aviva Software, which became Ingram Micro Canada. Delrina's business strategy was to "establish technical and market leadership in niche markets", which it accomplished with its electronic form and PC-based fax software. A year before the firm was incorporated and Skapinker had quit their jobs to start work on an electronic forms product which would become PerForm. Both would meet with Bennie, the co-founder and CEO of Ingram Micro Canada before becoming CEO of Carolian Systems International, a firm that made business software for Hewlett-Packard. Bennie facilitated an initial seed investment of $1.5 million CAD to finance a new start-up company, "Delrina", to develop this idea. In return, Carolian received 51% of Delrina's shares, Dennis Bennie would become Chairman and CEO, Mark Skapinker President, Bert Amato CTO of newly formed Delrina Technology Inc.
Delrina's initial corporate headquarters was located in a small office on Mount Pleasant St in Toronto. A sales office was set up in San Jose, California which became its worldwide sales center run by co-founder Lou Ryan. From its Toronto headquarters, the company expanded by establishing branch offices in Kirkland, Washington. Other offices were established in the United Kingdom and Germany. Delrina's initial product offering was an electronic forms application called PerForm. Amato and Skapinker came up with the idea for the product while working as consultants that what their clients wanted was a way to fill in forms electronically, rather than an easier way to create paper-based forms from a computer. There was significant and long-term uptake of electronic forms products within governmental agencies both in Canada and the United States, the latter spurred on in particular by the requirements of the Paperwork Reduction Act to reduce the total amount of paperwork handled by the United States government.
One of the firm's early major software deals included a multi-year agreement to sell PerForm to the U. S. Navy in 1990. Soon after the software was installed on Compaq laptops that accompanied U. S. troops during the First Gulf War, where it was used to requisition "everything from Coca-Cola to privies". Other significant volume sales went to Rockwell International. What helped set apart Delrina's electronic forms from its competitors in product reviews included its easy-to-use interface, its extensive development tools, its comparatively low price, it scored when it came to workflow and routing functions as well as security features. In early 1991 InfoWorld selected PerForm Pro as its "Product of the Year" in the electronic forms category, PC World Magazine gave the product it's "Best Buy" designation. PerForm proved to be successful in its niche capturing the retail market by 1993. In the early 1990s Delrina made deals with value-added resellers like NCR and GE Information Services who had the staff to customize the product to the needs of corporate customers looking to move away from paper-based forms.
The forms products sold well and the annual revenues for the firm grew steadily. Despite the growing revenues, the company struggled to make a profit. Heavy expenditures—primarily marketing along with research and development costs—drove the firm's losses from $500,000 from 1989 to $1.5 million by the end of the following fiscal year. For fiscal 1991 it posted a net loss of $1.7 million. Needing an infusion of funds, in April 1991 Bennie managed to raise $7.7 million in a private placement. The firm subsequently sought to find ways to more distribute its electronic form software, with Bennie saying in May 1992 that "we've scratched the surface of our market". In early 1992 word leaked to the press on a possible merger between WordStar International Inc. and soon after both firms made public the fact that they had signed a letter of intent on a merger deal. However, just over a month word came out that the merger talks had fallen through, at the time cited to differences over "complex legal and management issues".
WordStar, whose share of the word processing market had by that time fallen to 5% was seeking Delrina's advanced technologies while Delrina was hoping to utilize the other firm's established global sales network. Despite the failure of the merge
Venture capital is a type of private equity, a form of financing, provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake, in the companies they invest in. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful; because startups face high uncertainty, VC investments do have high rates of failure. The start-ups are based on an innovative technology or business model and they are from the high technology industries, such as information technology, clean technology or biotechnology; the typical venture capital investment occurs. The first round of institutional venture capital to fund growth is called the Series A round. Venture capitalists provide this financing in the interest of generating a return through an eventual "exit" event, such as the company selling shares to the public for the first time in an initial public offering or doing a merger and acquisition of the company.
In addition to Angel investing, equity crowdfunding and other seed funding options, venture capital is attractive for new companies with limited operating history that are too small to raise capital in the public markets and have not reached the point where they are able to secure a bank loan or complete a debt offering. In exchange for the high risk that venture capitalists assume by investing in smaller and early-stage companies, venture capitalists get significant control over company decisions, in addition to a significant portion of the companies' ownership. Start-ups like Uber, Flipkart, Xiaomi & Didi Chuxing are valued startups known as unicorns, where venture capitalists contribute more than financing to these early-stage firms. Venture capital is a way in which the private and public sectors can construct an institution that systematically creates business networks for the new firms and industries, so that they can progress and develop; this institution helps identify promising new firms and provide them with finance, technical expertise, marketing "know-how", business models.
Once integrated into the business network, these firms are more to succeed, as they become "nodes" in the search networks for designing and building products in their domain. However, venture capitalists' decisions are biased, exhibiting for instance overconfidence and illusion of control, much like entrepreneurial decisions in general. A startup may be defined as a project prospective converted into a process with an adequate assumed risk and investment. With few exceptions, private equity in the first half of the 20th century was the domain of wealthy individuals and families; the Wallenbergs, Whitneys and Warburgs were notable investors in private companies in the first half of the century. In 1938, Laurance S. Rockefeller helped finance the creation of both Eastern Air Lines and Douglas Aircraft, the Rockefeller family had vast holdings in a variety of companies. Eric M. Warburg founded E. M. Warburg & Co. in 1938, which would become Warburg Pincus, with investments in both leveraged buyouts and venture capital.
The Wallenberg family started Investor AB in 1916 in Sweden and were early investors in several Swedish companies such as ABB, Atlas Copco, etc. in the first half of the 20th century. Before World War II, money orders remained the domain of wealthy individuals and families. Only after 1945 did "true" private equity investments begin to emerge, notably with the founding of the first two venture capital firms in 1946: American Research and Development Corporation and J. H. Whitney & Company. Georges Doriot, the "father of venture capitalism", founded the graduate business school INSEAD in 1957. Along with Ralph Flanders and Karl Compton, Doriot founded ARDC in 1946 to encourage private-sector investment in businesses run by soldiers returning from World War II. ARDC became the first institutional private-equity investment firm to raise capital from sources other than wealthy families, although it had several notable investment successes as well. ARDC is credited with the first trick when its 1957 investment of $70,000 in Digital Equipment Corporation would be valued at over $355 million after the company's initial public offering in 1968.
Former employees of ARDC went on to establish several prominent venture-capital firms including Greylock Partners and Morgan, Holland Ventures, the predecessor of Flagship Ventures. ARDC continued investing until 1971. In 1972 Doriot merged ARDC with Textron after having invested in over 150 companies. John Hay Whitney and his partner Benno Schmidt founded J. H. Whitney & Company in 1946. Whitney had been investing since the 1930s, founding Pioneer Pictures in 1933 and acquiring a 15% interest in Technicolor Corporation with his cousin Cornelius Vanderbilt Whitney. Florida Foods Corporation proved Whitney's most famous investment; the company developed an innovativ
Toronto is the provincial capital of Ontario and the most populous city in Canada, with a population of 2,731,571 in 2016. Current to 2016, the Toronto census metropolitan area, of which the majority is within the Greater Toronto Area, held a population of 5,928,040, making it Canada's most populous CMA. Toronto is the anchor of an urban agglomeration, known as the Golden Horseshoe in Southern Ontario, located on the northwestern shore of Lake Ontario. A global city, Toronto is a centre of business, finance and culture, is recognized as one of the most multicultural and cosmopolitan cities in the world. People have travelled through and inhabited the Toronto area, situated on a broad sloping plateau interspersed with rivers, deep ravines, urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and designated it as the capital of Upper Canada. During the War of 1812, the town was the site of the Battle of York and suffered heavy damage by United States troops.
York was incorporated in 1834 as the city of Toronto. It was designated as the capital of the province of Ontario in 1867 during Canadian Confederation; the city proper has since expanded past its original borders through both annexation and amalgamation to its current area of 630.2 km2. The diverse population of Toronto reflects its current and historical role as an important destination for immigrants to Canada. More than 50 percent of residents belong to a visible minority population group, over 200 distinct ethnic origins are represented among its inhabitants. While the majority of Torontonians speak English as their primary language, over 160 languages are spoken in the city. Toronto is a prominent centre for music, motion picture production, television production, is home to the headquarters of Canada's major national broadcast networks and media outlets, its varied cultural institutions, which include numerous museums and galleries and public events, entertainment districts, national historic sites, sports activities, attract over 25 million tourists each year.
Toronto is known for its many skyscrapers and high-rise buildings, in particular the tallest free-standing structure in the Western Hemisphere, the CN Tower. The city is home to the Toronto Stock Exchange, the headquarters of Canada's five largest banks, the headquarters of many large Canadian and multinational corporations, its economy is diversified with strengths in technology, financial services, life sciences, arts, business services, environmental innovation, food services, tourism. When Europeans first arrived at the site of present-day Toronto, the vicinity was inhabited by the Iroquois, who had displaced the Wyandot people, occupants of the region for centuries before c. 1500. The name Toronto is derived from the Iroquoian word tkaronto, meaning "place where trees stand in the water"; this refers to the northern end of what is now Lake Simcoe, where the Huron had planted tree saplings to corral fish. However, the word "Toronto", meaning "plenty" appears in a 1632 French lexicon of the Huron language, an Iroquoian language.
It appears on French maps referring to various locations, including Georgian Bay, Lake Simcoe, several rivers. A portage route from Lake Ontario to Lake Huron running through this point, known as the Toronto Carrying-Place Trail, led to widespread use of the name. In the 1660s, the Iroquois established two villages within what is today Toronto, Ganatsekwyagon on the banks of the Rouge River and Teiaiagon on the banks of the Humber River. By 1701, the Mississauga had displaced the Iroquois, who abandoned the Toronto area at the end of the Beaver Wars, with most returning to their base in present-day New York. French traders abandoned it in 1759 during the Seven Years' War; the British defeated the French and their indigenous allies in the war, the area became part of the British colony of Quebec in 1763. During the American Revolutionary War, an influx of British settlers came here as United Empire Loyalists fled for the British-controlled lands north of Lake Ontario; the Crown granted them land to compensate for their losses in the Thirteen Colonies.
The new province of Upper Canada was being needed a capital. In 1787, the British Lord Dorchester arranged for the Toronto Purchase with the Mississauga of the New Credit First Nation, thereby securing more than a quarter of a million acres of land in the Toronto area. Dorchester intended the location to be named Toronto. In 1793, Governor John Graves Simcoe established the town of York on the Toronto Purchase lands, naming it after Prince Frederick, Duke of York and Albany. Simcoe decided to move the Upper Canada capital from Newark to York, believing that the new site would be less vulnerable to attack by the United States; the York garrison was constructed at the entrance of the town's natural harbour, sheltered by a long sand-bar peninsula. The town's settlement formed at the eastern end of the harbour behind the peninsula, near the present-day intersection of Parliament Street and Front Street. In 1813, as part of the War of 1812, the Battle of York ended in the town's capture and plunder by United States forces.
The surrender of the town was negotiated by John Strachan. American soldiers destroyed much of the garrison and set fire to the parliament buildings during their five-day occupation; because of the sacking of York, British troops retaliated in the war with the Burning of Wa
Ontario is one of the 13 provinces and territories of Canada and is located in east-central Canada. It is Canada's most populous province accounting for 38.3 percent of the country's population, is the second-largest province in total area. Ontario is fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included, it is home to the nation's capital city and the nation's most populous city, Ontario's provincial capital. Ontario is bordered by the province of Manitoba to the west, Hudson Bay and James Bay to the north, Quebec to the east and northeast, to the south by the U. S. states of Minnesota, Ohio and New York. All of Ontario's 2,700 km border with the United States follows inland waterways: from the west at Lake of the Woods, eastward along the major rivers and lakes of the Great Lakes/Saint Lawrence River drainage system; these are the Rainy River, the Pigeon River, Lake Superior, the St. Marys River, Lake Huron, the St. Clair River, Lake St. Clair, the Detroit River, Lake Erie, the Niagara River, Lake Ontario and along the St. Lawrence River from Kingston, Ontario, to the Quebec boundary just east of Cornwall, Ontario.
There is only about 1 km of land border made up of portages including Height of Land Portage on the Minnesota border. Ontario is sometimes conceptually divided into Northern Ontario and Southern Ontario; the great majority of Ontario's population and arable land is in the south. In contrast, the larger, northern part of Ontario is sparsely populated with cold winters and heavy forestation; the province is named after Lake Ontario, a term thought to be derived from Ontarí:io, a Huron word meaning "great lake", or skanadario, which means "beautiful water" in the Iroquoian languages. Ontario has about 250,000 freshwater lakes; the province consists of three main geographical regions: The thinly populated Canadian Shield in the northwestern and central portions, which comprises over half the land area of Ontario. Although this area does not support agriculture, it is rich in minerals and in part covered by the Central and Midwestern Canadian Shield forests, studded with lakes and rivers. Northern Ontario is subdivided into two sub-regions: Northeastern Ontario.
The unpopulated Hudson Bay Lowlands in the extreme north and northeast swampy and sparsely forested. Southern Ontario, further sub-divided into four regions. Despite the absence of any mountainous terrain in the province, there are large areas of uplands within the Canadian Shield which traverses the province from northwest to southeast and above the Niagara Escarpment which crosses the south; the highest point is Ishpatina Ridge at 693 metres above sea level in Temagami, Northeastern Ontario. In the south, elevations of over 500 m are surpassed near Collingwood, above the Blue Mountains in the Dundalk Highlands and in hilltops near the Madawaska River in Renfrew County; the Carolinian forest zone covers most of the southwestern region of the province. The temperate and fertile Great Lakes-Saint Lawrence Valley in the south is part of the Eastern Great Lakes lowland forests ecoregion where the forest has now been replaced by agriculture and urban development. A well-known geographic feature is part of the Niagara Escarpment.
The Saint Lawrence Seaway allows navigation to and from the Atlantic Ocean as far inland as Thunder Bay in Northwestern Ontario. Northern Ontario occupies 87 percent of the surface area of the province. Point Pelee is a peninsula of Lake Erie in southwestern Ontario, the southernmost extent of Canada's mainland. Pelee Island and Middle Island in Lake Erie extend farther. All are south of 42°N – farther south than the northern border of California; the climate of Ontario varies by location. It is affected by three air sources: cold, arctic air from the north; the effects of these major air masses on temperature and precipitation depend on latitude, proximity to major bodies of water and to a small extent, terrain relief. In general, most of Ontario's climate is classified as humid continental. Ontario has three main climatic regions; the surrounding Great Lakes influence the climatic region of southern Ontario. During the fall and winter months, heat stored from the lakes is released, moderating the climate near the shores of the lakes.
This gives some parts of southern Ontario milder winters than mid-continental areas at lower latitudes. Parts of Southwestern Ontario have a moderate humid continental climate, similar to that of the inland Mid-Atlantic states and the Great Lakes portion of the Midwestern United States; the region has warm to cold winters. Annual precipitation is well distributed throughout the year. Most of this region lies in the lee of the Great Lakes. In December 2010, the snowbelt set a new record when it was h
Quebec is one of the thirteen provinces and territories of Canada. It is bordered to the west by the province of Ontario and the bodies of water James Bay and Hudson Bay. S. states of Maine, New Hampshire and New York. It shares maritime borders with Nunavut, Prince Edward Island, Nova Scotia. Quebec is Canada's largest province by its second-largest administrative division, it is and politically considered to be part of Central Canada. Quebec is the second-most populous province of Canada, after Ontario, it is the only one to have a predominantly French-speaking population, with French as the sole provincial official language. Most inhabitants live in urban areas near the Saint Lawrence River between Montreal and Quebec City, the capital. Half of Quebec residents live in the Greater Montreal Area, including the Island of Montreal. English-speaking communities and English-language institutions are concentrated in the west of the island of Montreal but are significantly present in the Outaouais, Eastern Townships, Gaspé regions.
The Nord-du-Québec region, occupying the northern half of the province, is sparsely populated and inhabited by Aboriginal peoples. The climate around the major cities is four-seasons continental with cold and snowy winters combined with warm to hot humid summers, but farther north long winter seasons dominate and as a result the northern areas of the province are marked by tundra conditions. In central Quebec, at comparatively southerly latitudes, winters are severe in inland areas. Quebec independence debates have played a large role in the politics of the province. Parti Québécois governments held referendums on sovereignty in 1980 and 1995. Although neither passed, the 1995 referendum saw the highest voter turnout in Quebec history, at over 93%, only failed by less than 1%. In 2006, the House of Commons of Canada passed a symbolic motion recognizing the "Québécois as a nation within a united Canada". While the province's substantial natural resources have long been the mainstay of its economy, sectors of the knowledge economy such as aerospace and communication technologies and the pharmaceutical industry play leading roles.
These many industries have all contributed to helping Quebec become an economically influential province within Canada, second only to Ontario in economic output. The name "Québec", which comes from the Algonquin word kébec meaning "where the river narrows" referred to the area around Quebec City where the Saint Lawrence River narrows to a cliff-lined gap. Early variations in the spelling of the name included Kébec. French explorer Samuel de Champlain chose the name Québec in 1608 for the colonial outpost he would use as the administrative seat for the French colony of New France; the province is sometimes referred to as "La belle province". The Province of Quebec was founded in the Royal Proclamation of 1763 after the Treaty of Paris formally transferred the French colony of Canada to Britain after the Seven Years' War; the proclamation restricted the province to an area along the banks of the Saint Lawrence River. The Quebec Act of 1774 expanded the territory of the province to include the Great Lakes and the Ohio River Valley and south of Rupert's Land, more or less restoring the borders existing under French rule before the Conquest of 1760.
The Treaty of Paris ceded territories south of the Great Lakes to the United States. After the Constitutional Act of 1791, the territory was divided between Lower Canada and Upper Canada, with each being granted an elected legislative assembly. In 1840, these become Canada East and Canada West after the British Parliament unified Upper and Lower Canada into the Province of Canada; this territory was redivided into the Provinces of Quebec and Ontario at Confederation in 1867. Each became one of the first four provinces. In 1870, Canada purchased Rupert's Land from the Hudson's Bay Company and over the next few decades the Parliament of Canada transferred to Quebec portions of this territory that would more than triple the size of the province. In 1898, the Canadian Parliament passed the first Quebec Boundary Extension Act that expanded the provincial boundaries northward to include the lands of the local aboriginal peoples; this was followed by the addition of the District of Ungava through the Quebec Boundaries Extension Act of 1912 that added the northernmost lands of the Inuit to create the modern Province of Quebec.
In 1927, the border between Quebec and Newfoundland and Labrador was established by the British Judicial Committee of the Privy Council. Quebec disputes this boundary. Located in the eastern part of Canada, part of Central Canada, Quebec occupies a territory nearly three times the size of France or Texas, most of, sparsely populated, its topography is different from one region to another due to the varying composition of the ground, the climate, the proximity to water. The Saint Lawrence Lowland and the Appalachians are the two main topographic regions in southern Quebec, while the Canadian Shield occupies most of central and northern Quebec. Quebec has one of the world's largest reserves of fresh water, occupying 12% of its surface, it has 3 % of the world's renewable fresh water. Mor
Symantec Corporation is an American software company headquartered in Mountain View, United States. The company provides services. Symantec is a member of the S&P 500 stock-market index; the company has development centers in Pune and Bengaluru. On October 9, 2014, Symantec declared it would split into two independent publicly traded companies by the end of 2015. One company would focus on the other on information management. On January 29, 2016, Symantec sold its information-management subsidiary, named Veritas Technologies to The Carlyle Group; the name "Symantec" is a portmanteau of the words "syntax" and "semantics" with "technology". Founded in 1982 by Gary Hendrix with a National Science Foundation grant, Symantec was focused on artificial intelligence-related projects, including a database program. Hendrix hired several Stanford University natural language processing researchers as the company's first employees, among them Barry Greenstein. Hendrix hired Jerry Kaplan as a consultant to build the in-RAM database for Q&A.
In 1984, it became clear that the advanced natural language and database system that Symantec had developed could not be ported from DEC minicomputers to the PC. This left Symantec without a product, but with expertise in natural language database query systems and technology; as a result in 1984 Symantec was acquired by another, smaller software startup company, C&E Software, founded by Denis Coleman and Gordon Eubanks and headed by Eubanks. C&E Software developed a combined file management and word processing program called Q&A for "question and answer."The merged company retained the name Symantec. Eubanks became its chairman, Vern Raburn, the former President of the original Symantec, remained as President of the combined company; the new Symantec combined the file management and word processing functionality that C&E had planned, added an advanced Natural Language query system that set new standards for ease of database query and report generation. The natural language system was named "The Intelligent Assistant".
Turner chose the name of Q&A for Symantec's flagship product, in large part because the name lent itself to use in a short merchandised logo. Brett Walter designed the user interface of Q&A. Q&A was released in November 1985. During 1986, Vern Raburn and Gordon Eubanks swapped roles, Eubanks became CEO and president of Symantec, while Raburn became its chairman. Subsequent to this change, Raburn had little involvement with Symantec, in a few years time, Eubanks added the Chairmanship to his other roles. After a slow start for sales of Q&A in the fall of 1985 and spring of 1986, Turner signed up a new advertising agency called Elliott/Dickens, embarked on an aggressive new advertising campaign, came up with the "Six Pack Program" in which all Symantec employees, regardless of role, went on the road and selling dealer sales staff nationwide in the United States. Turner named it Six Pack because employees were to work six days a week, see six dealerships per day, train six sales representatives per store and stay with friends free or at Motel 6.
A promotion was run jointly with SofSell. This promotion was successful in encouraging dealers to try Q&A. During this time, Symantec was advised by Jim Lally and John Doerr — both were board members of Symantec at that stage — that if Symantec would cut its expenses and grow revenues enough to achieve cash flow break-even KPCB would back the company in raising more venture capital. To accomplish this, the management team worked out a salary reduction schedule where the chairman and the CEO would take zero pay, all vice presidents would take a 50% pay cut, all other employees' pay was cut by 15%. Two employees were laid off. Eubanks negotiated a sizable rent reduction on the office space the company had leased in the days of the original Symantec; these expense reductions, combined with strong international sales of Q&A, enabled the company to attain break-even. The increased traction for Q&A from this re-launch grew Symantec's revenues along with early success for Q&A in international markets following Turner's having placed emphasis on establishing international sales distribution and multiple language versions of Q&A from initial shipment.
In 1985, Rod Turner negotiated the publishing agreement with David Whitney for Symantec's second product, which Turner named NoteIt. It was evident to Turner that NoteIt would confuse the dealer channel if it was launched under the Symantec name, because Symantec had built up interest by that stage in Q&A, because the low price for the utility would not be attractive to the dealer channel until demand had been built up. Turner felt. Turner and Gordon E. Eubanks, Jr. chairman of Symantec Corporation, agreed to form a new division of Symantec, Eubanks delegated the choice of name to Turner. Turner chose the name Turner Hall Publishing, to be a new division of Symantec devoted to publishing third-party software and ha
Montreal is the most populous municipality in the Canadian province of Quebec and the second-most populous municipality in Canada. Called Ville-Marie, or "City of Mary", it is named after Mount Royal, the triple-peaked hill in the heart of the city; the city is centred on the Island of Montreal, which took its name from the same source as the city, a few much smaller peripheral islands, the largest of, Île Bizard. It has a distinct four-season continental climate with cold, snowy winters. In 2016, the city had a population of 1,704,694, with a population of 1,942,044 in the urban agglomeration, including all of the other municipalities on the Island of Montreal; the broader metropolitan area had a population of 4,098,927. French is the city's official language and is the language spoken at home by 49.8% of the population of the city, followed by English at 22.8% and 18.3% other languages. In the larger Montreal Census Metropolitan Area, 65.8% of the population speaks French at home, compared to 15.3% who speak English.
The agglomeration Montreal is one of the most bilingual cities in Quebec and Canada, with over 59% of the population able to speak both English and French. Montreal is the second-largest French-speaking city in the world, after Paris, it is situated 258 kilometres south-west of Quebec City. The commercial capital of Canada, Montreal was surpassed in population and in economic strength by Toronto in the 1970s, it remains an important centre of commerce, transport, pharmaceuticals, design, art, tourism, fashion, gaming and world affairs. Montreal has the second-highest number of consulates in North America, serves as the location of the headquarters of the International Civil Aviation Organization, was named a UNESCO City of Design in 2006. In 2017, Montreal was ranked the 12th most liveable city in the world by the Economist Intelligence Unit in its annual Global Liveability Ranking, the best city in the world to be a university student in the QS World University Rankings. Montreal has hosted multiple international conferences and events, including the 1967 International and Universal Exposition and the 1976 Summer Olympics.
It is the only Canadian city to have held the Summer Olympics. In 2018, Montreal was ranked as an Alpha− world city; as of 2016 the city hosts the Canadian Grand Prix of Formula One, the Montreal International Jazz Festival and the Just for Laughs festival. In the Mohawk language, the island is called Tiohtià:ke Tsi, it is a name referring to the Lachine Rapids to the island's Ka-wé-no-te. It means "a place where nations and rivers unite and divide". In the Ojibwe language, the land is called Mooniyaang which means "the first stopping place" and is part of the seven fires prophecy; the city was first named Ville Marie by European settlers from La Flèche, or "City of Mary", named for the Virgin Mary. Its current name comes from the triple-peaked hill in the heart of the city. According to one theory, the name derives from mont Réal,. A possibility by the Government of Canada on its web site concerning Canadian place names, is that the name was adopted as it is written nowadays because an early map of 1556 used the Italian name of the mountain, Monte Real.
Archaeological evidence demonstrates that First Nations native people occupied the island of Montreal as early as 4,000 years ago. By the year AD 1000, they had started to cultivate maize. Within a few hundred years, they had built fortified villages; the Saint Lawrence Iroquoians, an ethnically and culturally distinct group from the Iroquois nations of the Haudenosaunee based in present-day New York, established the village of Hochelaga at the foot of Mount Royal two centuries before the French arrived. Archeologists have found evidence of their habitation there and at other locations in the valley since at least the 14th century; the French explorer Jacques Cartier visited Hochelaga on October 2, 1535, estimated the population of the native people at Hochelaga to be "over a thousand people". Evidence of earlier occupation of the island, such as those uncovered in 1642 during the construction of Fort Ville-Marie, have been removed. Seventy years the French explorer Samuel de Champlain reported that the St Lawrence Iroquoians and their settlements had disappeared altogether from the St Lawrence valley.
This is believed to be due to epidemics of European diseases, or intertribal wars. In 1611 Champlain established a fur trading post on the Island of Montreal, on a site named La Place Royale. At the confluence of Petite Riviere and St. Lawrence River, it is where present-day Pointe-à-Callière stands. On his 1616 map, Samuel de Champlain named the island Lille de Villemenon, in honour of the sieur de Villemenon, a French dignitary, seeking the viceroyship of New France. In 1639 Jérôme Le Royer de La Dauversière obtained the Seigneurial title to the Island of Montreal in the name of the Notre Dame Society of Montreal to establish a Roman Catholic mission to evangelize natives. Dauversiere hired Paul Chomedey de Maisonneuve 30, to lead a group of colonists to build a mission on his new seigneury; the colonists left France in 1641 for Quebec, arrived on the island the following year. On May 17, 1642, Ville-Marie was founded on the southern shore of Montreal is