With affordable labour costs, energy rates that are among the world’s lowest, reasonably priced rents and one of the most competitive tax rates in North America, Québec has everything companies need to compete on the world stage.
In Québec, hydropower dominates the energy market. This clean, renewable and abundant source of power accounts for 99% of all electricity generated in Québec. But our energy rates are not only low: they’re also among the most stable in North America.
Québec is known for its very competitive operating costs. One of the chief contributing factors is smaller employer contributions to employee benefit plans.
(KPMG , Competitive Alternatives 2016)
It’s not hard to rent a well-located office or spacious facility for a reasonable price in Québec! Québec beats out the United States, the rest of Canada, Italy and Germany when it comes to low office-space rental costs.
* The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. From KPMG , Competitive Alternatives 2016.
Québec businesses benefit from the province’s competitive tax system.