Competitive Operating Costs

Québec measures up extremely well in terms of operating costs.


  • Competitive tax rate: Québec's corporate tax rate of 26.6% in 2019 is one of the lowest in North America.
  • Clean, renewable energy at a low cost: The largest producer of hydroelectric power in North America, Québec can provide reliable energy at rates that are among the lowest and most stable in the world.
  • Qualified, affordable labour: Labour costs are highly competitive thanks to a large pool of qualified workers.

Photo of a young girl looking at the Saguenay FjordDid you know?

Good-quality fresh water is abundant in Québec, making it less expensive to bring up to drinking standards. This explains why Québec’s water prices are so low compared to most other places around the world.

Partnerships: A win-win strategy!

A map of Québec showing the cities of Montréal, Québec and Saint-Hyacinthe, the province’s top agri-food research centres


A number of Québec regions and cities are known for their diverse activities in the agri-food sector. In particular, Montréal, Québec and Saint-Hyacinthe are key industry centres. In these regions, companies and research centres have forged strong business relationships that give them the edge on the international playing field. In Québec, we understand that joining forces is a winning strategy for everyone!


Why choose Québec?