Why Québec?
Operating Costs

With affordable labour costs, energy prices 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.

A bar chart comparing operating costs in Québec, Canada, Italy, Germany, Japan and the U.S..

Low energy rates

With nearly to 99% of its energy coming from renewable sources, almost entirely hydroelectric, Québec’s energy rates are not only low: they’re also among the most stable in North America.
Competitive labour costs

Wages in Québec are less than elsewhere in North America, and payroll taxes charged to employers are low.
Reasonable rents

It’s not hard to rent a well-located office or spacious facility for a reasonable price! Québec beats out the United States, the rest of Canada, Italy and Germany when it comes to low office-space rental costs.

Figures that speak volumes!

Québec’s labour costs average 34% less than in the United States and 16% less than in G7 countries*.
In Québec, electricity costs are 36% lower than in the U.S. and 49% lower, on average, than in the G7 countries*.
Office space rents average 47% less than in the U.S. and 51% less than in the G7 countries*.

* The G7 countries are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. From KPMG , Competitive Alternatives 2016 Edition.

A generous tax regime that encourages investment

In Québec, businesses benefit from the province’s competitive tax system.

Québec’s taxes on investment are lower than the average rates in the G7 and OECD countries. They are also among the lowest in North America.
To stimulate manufacturing investments, Québec offers an investment tax credit covering up to 45% of the cost of newly purchased manufacturing and processing equipment.
Finally, Québec reimburses the sales tax on capital goods