Québec is truly a food industry giant. Known for its abundance of high-quality raw materials and its exports to the Americas, Europe and Asia, the agri-food industry is a powerful driving force for Québec's economy.
The agri-food industry is a major contributor to Québec's economy. In 2016, exports stood at $8.2 billion. The United States remain the key destination, accounting for 71% of the province’s exports
Some 2,300 food processing businesses have chosen to reap the benefits of investing in Québec. Examples include Barry Callebaut, Bonduelle, Cargill, Danone, Kraft and Parmalat.
Québec boasts a vast labour pool covering the full range of agricultural production and food processing occupations.
Québec is known for its advantageous tax measures, which can cut R&D expenses by almost 35%. That’s just one of the reasons for the high number of renowned research centres located here.
With a corporate tax rate of 26.8%, competitive labour costs and some of the lowest hydroelectric rates in the world, Québec compares extremely well to other industrialized countries in terms of operating costs.
We assist you in the process of setting up your company in Québec, providing step-by-step guidance and financial products to meet your needs. We can also help you forge strategic alliances with Québec businesses and carry out major projects in Québec.