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Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
Invest in the Quebec City Region Brochure
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Invest in the Quebec City Region Brochure

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Portrait of the Quebec City region competitive business environment: high-performance economy, access to markets, research centers, specialized workforce, infrastructures, tax breaks and low costs. A …

Portrait of the Quebec City region competitive business environment: high-performance economy, access to markets, research centers, specialized workforce, infrastructures, tax breaks and low costs. A brochure produced by Québec International.

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  • 1. INVESTINTHEQUEBECCITYREGIONINVESTquebecinternational.caPROFITFROM OURSUCCESSINVEST IN THE QUEBEC CITY REGION*PAP_QcInt_couvert_brochureInvestir_EN.indd 2 2013-02-27 12:07MONTREALTAWAQUEBECCITYRegion
  • 2. INVESTINTHEQUEBECCITYREGIONINVESTquebecinternational.caPROFITFROM OURSUCCESSINVEST IN THE QUEBEC CITY REGION*PAP_QcInt_couvert_brochureInvestir_EN.indd 2 2013-02-27 12:07MONTREALTAWAQUEBECCITYRegion
  • 3. in theQuebec CityregionLooking for a place to set up a businessin Canada or North America?Hoping to break into new markets?Seeking business or technology partners?We invite you to launch yourbusiness project in the QuebecCity metropolitan region - themost European area of NorthAmerica! With a populationof 765,706, the region hasall the advantages of a majorurban centre, combined withan unbeatable quality of life!In Quebec City, you will quicklyand easily forge relationshipswithin the business and scientificcommunities, as well as withgovernmental agencies. You’llbe in contact with the keystakeholders in your sector,enabling you to reap thebenefits of a robust network inwhich partners from differenteconomic spheres act in synergyas they move projects forward.Quebec City has a diversifiedand innovative high-performanceeconomy. Drawing on a highlyeducated workforce, the regionis home to a number of cutting-edge companies and dynamicresearch centres working togetherin booming clusters. The regionaltelecommunications systemis unique in North America,while the efficient intermodaltransportation platform provideslinks to the entire continentand the rest of the world. Doingbusiness here could take you far!
  • 4. 10REASONSHERETO INVEST
  • 5. 123456789SPECIALIZED AND EDUCATEDWORKFORCETAX BREAKSAND LOW COSTSWORLD-CLASSINFRASTRUCTUREUNBEATABLE QUALITYOF LIFEOUTSTANDING OUTREACHAND ASSISTANCE NETWORKIDEAL INNOVATIONPLATFORMSAFE ENVIRONMENTFOR INVESTMENTSTRATEGIC ACCESSTO THE MARKETSROBUST HIGH-PERFORMANCEECONOMYA STRONG INDUSTRIALDIVERSITY10
  • 6. The province of Quebec is one of the oldest parliamentarydemocracies in North America. Canada’s political and economicstability are the envy of the entire world. Despite global economicturbulence in recent years, Quebec and Canada have both managedto stay on a solid financial footing. The favourable investmentenvironment is also conducive to business development.SAFE ENVIRONMENTFOR INVESTMENTand businessWHETHER THEY ARE LOOKINGFOR ACCESS TO CAPITAL,A BUSINESS-FRIENDLYENVIRONMENT, A GROWINGECONOMY OR STABILITY,INVESTORS WHO SET UPOPERATIONS IN THE QUEBECCITY METROPOLITAN REGIONWILL BENEFIT FROM UNDENIABLECOMPETITIVE ADVANTAGES.
  • 7. Sustained growth in CanadaEven as the global economy wasbeing hit hard, economic growthremained steady in Canada. GDPgrew at an average annual rateof 0.9% between 2008 and 2011,than the average for theOECD countries.3X higherReal GDP: average annual growth rate between 2008 and 2011 (%)Sample of 8 North American and European countries and the OECD averagefor comparison purposesCanadaGermanyOECDUnited StatesFranceUnited KingdomItalySpainIreland-2.5 -2.0 -1.5 -1.0 -0.5 0.0 0.5 1.0 %Source: Organisation for Economic Co-operation and Development (OECD)Compilation and calculations: Québec International0.9%
  • 8. “American Citiesof the Future 2013-2014”and “Business Friendliness2013-2014”fDi Magazine, 2013in North America forlow operating costs amongcities in its categoryKPMG Competitive Alternatives, 2012#1“Intelligent Communityof the Year”Intelligent Community Forum, 2012Top 7in the“Top Canadian Metros”rankingSite Selection Magazine, 2012#2Top 5
  • 9. INVESTORS’CHOICERanked the eighth mostimportant destination for foreigndirect investment (FDI) in theworld, Canada saw its levelof FDI virtually double overa 10-year period (2002-2011),soaring from$340 B1to $607 B.Among the G7 leaders, onlyFrance and the United Kingdomposted better results for returnon FDI measured as a proportionof GDP.SOLIDBANKINGSYSTEMCanada successfully weatheredthe financial crisis without muchdifficulty thanks in part to thecountry’s banking system,designated asthe most solidin the worldfor the fifthstraight yearby the World Economic Forum.According to Global Finance,six of the ten safest banks inNorth America are Canadian.The World Bank notes in itsreport Doing Business 2012that investment protection alsoworked in Canada’s favour.INFLATIONUNDERCONTROLThe Bank of Canada’s monetarypolicy has keptinflation withina target rangeof 1% to 3%for many years, enablingcompanies to operate in astable business environment.1 Exchange rate: US$1 = CA$1 (October 2012).
  • 10. Public finances in orderCanada has the lowest net debt to GDPratio among the G7 countries, thanks tosound fiscal management and vigorouseconomic activity.Canada is ranked #1 on the Milken Institute’s 2009capital access index2, edging out Hong Kong, the UnitedKingdom, Singapore, the United States and Switzerland.It is also one of the five best countries in the world inwhich to do business, according to the most recentstudy by Forbes magazine. In addition, the World Bankconcluded that setting up a company in Canada requiresless time and red tape that in any other G7 country.A stepaheadRatio of net debt as a percentage of GDPSample of 8 North American and European countries, 2011120.0100.080.060.040.020.00.0CANADA Germany Spain UnitedKingdomUnitedStatesFrance Ireland Italy33.3%56.1% 56.9%78.3% 80.3% 80.4%95.9%99.6%Source: International Monetary Fund (IMF)Compilation: Deloitte2 Capital Access Index 2009, Milken Institute, April 2010.%
  • 11. STRATEGICACCESS TOTHE MARKETSTEGICTEGICTEGICTEGICTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTHE MARKETSTEGICTHE MARKETSTEGICTEGICLocated only 100 kilometres (60 miles) from the US border,the Quebec City metropolitan region is less than two hours’flying time from New York City, Philadelphia or Toronto.It holds a strategic geographic position in North America.THE QUEBEC CITYMETROPOLITAN REGIONIS A GATEWAY TO BOTHAMERICA AND EUROPETHANKS TO CANADA ANDQUEBEC’S HISTORIC TIESWITH FRANCE AND THEUNITED KINGDOM, AS WELLAS THEIR TRADITION OFECONOMIC OPENNESS.
  • 12. Under the North American Free TradeAgreement (NAFTA), the province ofQuebec is connected to an even largermarket ofin Canada, the US and Mexico, as well asto a major industrial network. The Canada-USborder is the longest in the world and thetwo countries enjoy a history of extensive,well-established bilateral relations. Totalbilateral trade was valued at $645 billionin 20103.Since NAFTA was signed in 1994, Canada hasentered into ten other free trade agreements,with ten more currently being negotiated.They include the Comprehensive Economic andTrade Agreement (CETA) with the EuropeanUnion, an initiative that promises to provideaccess to the world’s largest common market,with a pool ofFREE TRADEAGREEMENTS500 millionpeople.460 millionconsumersNorth America(US and Mexico)ChileColombiaCosta RicaHondurasIsraelJordanPanamaPeruCONCLUDEDOR IN EFFECTCURRENTLY BEINGNEGOTIATEDAndean countriesCaribbean Common Market(CARICOM)Central America (C4)Dominican RepublicEuropean UnionIndiaJapanMoroccoSingaporeSouth KoreaTurkeyUkraineFREE TRADEAGREEMENTS3 Government of Canada.
  • 13. Quebec is fully integrated into the global economy. Exports of goodsand services account for more than 49% of its real GDP. The United Statesreceived close to 68% of Quebec’s international exports in 2011. Despite theUS economic slowdown, Quebec has moved forward by diversifying andexpanding its trade, not only with Europe, but also with other parts of the world,including the commonly named BRIC countries (Brazil, Russia, India and China).Between 2001 and 2011, exports to Europeand the BRIC increased by 41% and 261%respectively.DIVERSIFIEDEXPORT MARKETSThe province of Quebec is a vast territory rich in naturalresources. It is home to one of the world’s largest reservesof fresh water, major deposits of minerals and metals suchas iron, zinc, nickel, silver and gold, as well as rare earthelements used in high-tech applications.Global demand for raw materials is driving developmentprojects north of the 49th parallel. The Quebec governmenthas put together a far-reaching action plan aimed atencouraging investors to take part in the development ofnorthern Quebec. The Quebec City region is strategicallypositioned to facilitate entrepreneurs’ participation in thisprocess, with regional transportation infrastructure providingeasy access to the Far north. In addition, key governmentdecision-makers, as well as major research and trainingcentres dedicated to the mining sector and northerndevelopment, are all located in Quebec City.RICH INNATURALRESOURCES© photo: Québec Port Authority
  • 14. Solid high-performanceECONOMYOVER THE PAST 20 YEARS,THE QUEBEC CITY REGION HASRECORDED STEADY ECONOMICGROWTH. AS ONE OF CANADA’SLEADING METROPOLITAN REGIONS,QUEBEC CITY DISTINGUISHED ITSELFBY POSTING ONE OF THE HIGHESTGROWTH RATES BETWEEN 2008AND 2011, A RESULT OF ITS HIGHLYDIVERSIFIED ECONOMY.Current conditions and a favourable outlook are attracting high-performance companies, confident investors, qualified workersand world-class researchers to key sectors in the Quebec Citymetropolitan region.
  • 15. The Quebec City region is also a topperformer in the area of employment.Between 2008 and 2011, it recorded not onlythe strongest job growth in Canada (+2.1%),but also among 16 selected North Americanmetropolitan regions.STRONGEMPLOYMENTGROWTHEMPLOYMENT AVERAGE ANNUAL GROWTHRATE BETWEEN 2008 AND 2011 (%)Sample of 16 North Americanmetropolitan regionsQUEBEC CITYEDMONTONVANCOUVERTORONTOOTTAWAAUSTINWINNIPEGMONTREALCALGARYNASHVILLEBUFFALOBOSTONRALEIGHPHILADELPHIACINCINNATIRIVERSIDE-3.0 -2.0 -1.0 0.0 1.0 2.0 3.0 %2.1%Sources: U.S. Bureau of Labor Statistics and Statistics CanadaCompilation and calculations: Québec International
  • 16. PUBLIC INFRASTRUCTURE$3.5 BRESIDENTIAL$3.7 BCOMMERCIALAND INSTITUTIONAL$1.8 BINDUSTRIAL$1.5 BAN ABUNDANCEOF INVESTMENTPROJECTSWith more than 200 investment projects (announced orunderway) valued at $10.5 billion, the Quebec City regioncontinues to keep a high profile. The diversity of theseprojects, some of which will not be completed until 2020,will help to maintain the region’s economic stability. Some ofthe noteworthy examples include wind farms, hospital centresand a multi-purpose amphitheatre. The strength of the localconstruction industry is reflected in the value of buildingpermits issued, which has grown at an average annual rateof 8% over the past ten years.STRONGESTGDP GROWTHThe Quebec region’s GPD was$27.5 billion in 2012. Among aselection of 16 North Americanmetropolitan regions (including thetop eight in Canada), Quebec Cityrecorded one of the strongest GDPgrowth rates between 2008 and2011. During that period, GDP grewby 6.6%, matching Edmonton andedging out Vancouver, despite the oilboom and the 2010 Olympic Games.CUMULATIVE REAL GDP GROWTH BETWEEN 2008 AND 2011 (%)Sample of 16 North American metropolitan regionsEDMONTONQUEBEC CITYVANCOUVERAUSTINBOSTONNASHVILLECALGARYOTTAWAMONTREALWINNIPEGTORONTORALEIGHBUFFALOPHILADELPHIACINCINNATIRIVERSIDE-4.0 -2.0 0.0 2.0 4.0 6.0 8.0 %Note: The real GDP figures for the U.S. metropolitan regions in 2011 are forecasts.Sources: The Conference Board of Canada and Moody’s AnalyticsCompilation and calculations: Québec International6.6%
  • 17. A STRONGINDUSTRIALDIVERSITYBY DEVELOPING UNIQUE EXPERTISE, THEREGION HAS PUT DOWN SOLID ROOTS INTHE KNOWLEDGE ECONOMY. THE SECTORSTHAT HAVE RECORDED THE STRONGESTGROWTH IN RECENT YEARS ARE OPTICS/PHOTONICS, GEOSPATIAL, MULTIMEDIACREATION, BIOPHARMACEUTICALS,NUTRACEUTICALS, COSMECEUTICALS,MEDICAL TECHNOLOGIES AND INSURANCE.
  • 18. INDUSTRIALDIVERSITY:DRIVINGINNOVATIONAccording to the Australian agency 2thinknow,industrial diversity is one of the main urbaninnovation drivers. The agency ranksQuebec City amongthe top 10 North Americancities for balanceddistribution of localcompanies in variouseconomic sectors.And in its eyes, a broad range of companiescreates healthy intersector competition andsynergies. As a result, Quebec City’s economicdiversification strategy, focusing on the presenceof multiple sectors and sub-sectors, has provedhighly effective in stimulating innovation.INDUSTRY DIVERSITY INDEXSample of 15 North American andEuropean metropolitan regions, 2012RALEIGHQUEBEC CITYRIVERSIDEMONTREALTORONTOCALGARYBUFFALOVANCOUVERBILBAOAUSTINLYONPHILADELPHIANASHVILLEBOSTONTURIN0 20 40 60 80 100 120Index (Quebec City = 100)Source: 2thinknow City Benchmarking DataCompilation and calculations: Québec International100.0109.198.496.686.385.384.583.882.180.979.470.270.067.464.2
  • 19. RICH ANDDIVERSIFIEDINDUSTRIALBASELIFE SCIENCESThe life sciences industry benefits from the QuebecCity region’s outstanding business environment.The presence of industrial leaders, world-classresearch centres and major educational andhealthcare institutions has enabled the regionto develop cutting-edge expertise in a varietyof high-potential sectors. As a hub for innovativehealthcare technologies, the region is home to128 life science companies and 85 researchcentres, chairs and groups, employing more than3,500 people.ICT AND ELECTRONICSThis industry has grown dramatically over thepast 20 years in the Quebec City metropolitanregion. The talent, creativity and innovative spiritof local entrepreneurs and researchers havetransformed the industry into a major driver ofeconomic development. As a hub for appliedresearch, Quebec City enjoys a well-establishedinternational reputation. A total of 540 companiesand 65 research centres, chairs and groupsemploying 19,500 people are forging profitablepartnerships and positioning the regionon the cutting edge of the industry.UNIQUE EXPERTISE IN BOMING CLUSTERSDIAGNOSTIC TOOLS • VACCINES • NEW MEDICATIONS • E-HEALTH • COSMECEUTICALS •OPTICS-PHOTONICS • GEOSPATIAL TECHNOLOGIES • DIGITAL ARTS • INTERACTIVE ENTERTAINMENT •SOFTWARE AND IT SERVICES • GREEN/INTELLIGENT BUILDING • HEALTH FOODS
  • 20. ENVIRONMENTAND ENERGYOil, gas, wind power and environmental services/technologies—the regional environment and energyindustry includes a number of important players.A total of 115 companies employing 3,900 workerscurrently operate in the sector. The Quebec Cityarea has also capitalized on the ingenuity of localentrepreneurs seeking to develop innovativeprojects, technologies and materials to become aleader in the realm of green/intelligent building.VALUE-ADDEDMATERIALSThe Quebec City region is home to various factoriesand workshops specializing in processed products(wood, metal, rubber, plastic and composite materi-als). It also has a number of well-established com-panies in transportation equipment and machinery.These sectors play an important role in the regionaleconomy, with a total of 530 companies employing12,200 workers.INSURANCE ANDFINANCIAL SERVICESTen insurance companies are headquarteredin Quebec City, making it the second-largestinsurance hub in Canada, after Toronto. Themetropolitan region is also home to DesjardinsGroup. Founded in Lévis in 1900, Desjardins is nowthe largest cooperative financial group in Canadaand the sixth largest in the world. In total, theregional insurance and financial services industryhas 373 companies generating 22,000 local jobs.AGRIFOOD PROCESSINGAND HEALTH FOODSThe regional agrifood processing industry includes130 companies employing 5,700 workers. With ahigh concentration of research centres and trainingfacilities, Quebec City is a hotbed of food and nutri-tion innovation. A number of companies also playleading roles in the area of functional foods (alsoknown as health foods), another key sectorin the region.
  • 21. Life sciences AEterna Zentaris . Asmacure . Atrium Innovations .BD Diagnostics GeneOhm . STERIS Corporation . DectroInternational . DiagnoCure . EndoCeutics . GlaxoS­mithKline .IDC . Unipex Group . Medicago . Myca Health . PharmaNet/i3 .Hospitalis Solutions . TSO3ICT and electronics ABB . Beenox .Bentley . CGI . Creaform . EXFO . Frima Studio . Fujitsu . Thales .Korem . Obzerv . Taleo . TeraXion . Ubisoft Value-addedmaterials AkzoNobel . Canam Group . GE Canada . LabrieEnvironmental Group . Honco . Novik . PH Tech . Prevost Car .Supermetal . Teknion Environment and energy Boralex .CO2Solutions . EDF Energies . Epsylon Concept . H2O Innovation .IC2Technologies . Modulex International . Ultramar . VeoliaEnvironment Insurance and financial services Desjardins .Industrial Alliance . La Capitale . ProMutual Group (Coverys) .SSQ Financial Group . Union Canadienne . Intact InsuranceAgrifood processing and health foods Agropur (Natrel) .Aliments Breton . Biscuits Leclerc . Krispy Kernels .Laura Secord . Multi-Marques . OlymelWorld-classcompanies withoperationshere:
  • 22. Martin LamontagnePresidentand CEO ofCreaform“When we launched our company, the municipalauthorities gave us a friendly welcome. Peoplehere are quick to cooperate and facilitate theestablishment and growth of companies. Inaddition, the presence of prestigious universitiesand the availability of qualified workers in theregion enable us to stay focused on innovation,which drives our growth. The local environmentoffers outstanding quality of life and workingconditions!”CREAFORM is an internationally recognizedglobal leader in 3D digitization solutions withmore than 325 employees in North America,Europe and Asia. The company’s clienteleincludes giants such as NASA, CAE, GeneralElectric, Toyota and Boeing. Since it wasfounded in 2002, Creaform has won morethan 30 awards and honours.“The expertise of Quebec City’s geospatialprofessionals has been recognized around the worldfor decades. In recent years, our companies havesuccessfully reinvented themselves and innovated inorder to maintain their leadership role in this industry.Today, major international companies are eagerto entrust us with strategic large-scale mandates.We know we can count on the region’s support insupporting our growth strategy for internationalmarkets.”Korem is a geospatial and business intelligence leader.Founded in Quebec City, the company now hasoffices in Canada and the US and is positioned in theupper echelons of integrators of Google’s systemsand geospatial technologies. Korem has also forgedalliances with other major players such as PitneyBowes Software, TomTom and NAVTEQ.Sébastien VachonPresidentand FounderKorem©photo:Creaform©photo:PatrickDubé
  • 23. IDEALINNOVATIONand RD platformRANKED AMONG THEWORLD’S TOP 7 SMARTCITIES IN 2012, QUEBEC CITYHAS PROVEN ITSELF BYDEVELOPING NUMEROUSINNOVATION PLATFORMSAND SYNERGIES BETWEENTHE RESEARCH SECTOR ANDITS DYNAMIC AND CREATIVEENTREPRENEURIAL COMMUNITY.Companies find in Quebec City an excellent environmentfor creating, developing and optimizing their productionprocesses or service offers. Characterized by innovation andknow-how, the region is home to more than 6,000 researchersand associates. With 400 labs, groups, consortiums, institutesand research centres, the region has one of the highestconcentrations of research facilities in Canada.
  • 24. RDQUEBEC CITYCHAMPIONAS A PERCENTAGE OFGDP AND COMPAREDWITH SIMILAR-SIZEDMETROPOLITAN REGIONS,QUEBEC CITY RANKSSECOND (AFTER BOSTON)FOR PRIVATE AND PUBLICRD EXPENDITURES.RD EXPENDITURESAS A PERCENTAGE OF GDPPublic and private expendituresSample of 16 North American and Europeanmetropolitan regions, 20120 1 2 3 4 5 6 7 8 %BOSTONQUEBEC CITYMONTREALPHILADELPHIALYONOTTAWARALEIGHCINCINNATIHANOVERTURINAUSTINDUBLINVANCOUVERBIRMINGHAMWINNIPEGCALGARY2.6%Sources: Eurostat, UNESCO, Quebec’s Institute of Statistics (ISQ), OECD, fDi IntelligenceCompilation and calculations: Deloitte
  • 25. The Quebec City region benefits from generous researchand development (RD) tax credits issued by the Canadianand Quebec governments. Indeed, among the Canadianprovinces, Quebec is the most generous towards smallCanadian-controlled corporations (their combined provincial/federal tax credits work out to 60%). And for combinedtax credits for large publicly held corporations and foreign-controlled corporations, Quebec ranks second after Manitobawith a rate of 34%, one of the most generous RD tax incentiveschemes in North America. Quebec also offers additional taxcredits to foreign researchers and experts, who may be eligiblefor a tax break of up to 100% of their taxable income.RDCREDITSANDASSISTANCEProvincial/state credit Federal creditTAX CREDITS FOR ELIGIBLE RD EXPENDITURES FOR PUBLICCORPORATIONS AND FOREIGN-CONTROLLED CORPORATIONSSample of 13 Canadian provinces and U.S. states0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 %MANITOBACALIFORNIAQUEBEC (PROVINCE)PENNSYLVANIAMASSACHUSETTSNEW YORKBRITISH COLUMBIAALBERTAOHIONORTH CAROLINAONTARIOTEXASTENNESSEE36.0%35.0%30.0%30.0%29.0%28.0%28.0%27.0%25.0%23.6%20.0%20.0%34.0%Sources: Deloitte, KPMG and the Government of CanadaCompilation: Deloitte
  • 26. PAVING THEWAY IN ACADEMICRESEARCHACCORDING TO RESEARCH INFOSOURCE’S 2012 RANKING,QUÉBEC CITY’S LAVAL UNIVERSITY IS AMONG THEPOST-SECONDARY INSTITUTIONS IN CANADA IN TERMSOF ACADEMIC RESEARCH ACTIVITY. IN ADDITION, THENATIONAL INSTITUTE OF SCIENTIFIC RESEARCH (INRS)IS #1 IN CANADA FOR AVERAGE GRANTS PER PROFESSOR,ACCORDING TO THE SAME RANKING.TOP 7WINNIPEGQUEBEC CITYOTTAWAMONTREALEDMONTONVANCOUVERCALGARYTORONTONote: The calculations are based on data for Canada’s 50 top research universitiesSource: Research Infosource Inc.Compilation and calculations: Québec International60 80 100 120 140 160 180 200NumberNUMBER OF ACADEMIC RESEARCHERS PER 100,000 INHABITANTSSample of 8 Canadian metropolitan regions, 2011194
  • 27. MAIN RESEARCHFACILITIESIN THE QUEBECCITY REGIONICT and electronicsThe National Optics Institute,a global leader, is Canada’s largest applied optics/photonics research centre.Defence Research and Development Canada (DRDC Valcartier)is Canada’s leading national defence research centre.The Geomatics Research Centreis one of the world’s largest geomatics research hubs.Laval University’s Centre for Optics, Photonics and Laser Technologyis positioned among the world’s leading optics/photonics research centres.The Computer Vision and Systems Laboratoryspecializes in computer-assisted vision research and industrialand biomedical applications.The Centre for Robotics and Industrial Visionis a specialized technology transfer centre that works closely with industry.
  • 28. Life sciences and nutritionThe Quebec City University Hospital Centre Research Centreis Canada’s largest biomedical research facility.The Quebec City University Institute of Cardiology and Pneumologyis a global leader in the areas of cardiology, pneumology and obesity.Laval University’s Infectious Disease Research Centreis Canada’s largest research facility for infectious diseases.The Quebec City University Institute Mental Health Research Centreis a cutting edge brain disease research facility.The Laboratory of Experimental Organogenesis (LOEX) is Canada’s largestresearch centre for tissue engineering and regenerative medicine.The Institute of Nutrition and Functional Foodsis Canada’s largest research group dedicated to health foods.TransBIOTech is a major biotechnology research and technologytransfer centre.
  • 29. Environment, processedproducts and naturalresourcesThe National Institute for Scientific Research - Water Earth EnvironmentCentre (INRS) is a global environmental leader.FPInnovations - Forintek Division is the world’s largest non-profit forestresearch institute and a technology transfer leader.The Quebec Industrial Research Centre supports technologicalinnovation in the areas of manufacturing, environmental protection,information and standardization.COREM is a major applied research consortium specializing in mineralprocessing and transformation.Laval University’s Advanced Materials Research Centre specializes in newmaterials with a focus on macromolecules, nanomaterials and biomaterials.
  • 30. “Quebec City’s vitality stems from the smart cityconcept, the quality of life it offers its residents,the access to highly qualified workers and thecollaboration between the academic and scientificcommunities. As a result, the environment isconducive to innovation and research, which iswhy we chose it.”THE THALES GROUP is a global leader in thearea of critical information systems in the defenceand security, aerospace, optics/photonics andtransportation sectors. With operations in56 countries, the company plays a key role inthe Quebec City region. In 2012, the companyselected Quebec City as the site for its fifthresearch and technology centre worldwide.Richard GreniermanagerThalesResearch andTechnologyCanada“Thanks to the region’s numerous research centres,major educational institutions and knowledge-basedindustries, there are synergies between the variouscomponents that make Quebec City very interesting.These same enabling factors have prompted theQuebec office to convince Fujitsu HQ in Tokyo toinvest millions of dollars here in Quebec City inorder to create an innovation centre with solid localsupport as part of a well-organized network.”FUJITSU is the third-largest provider of IT servicesin the world. With over 170,000 employeesworldwide, the company has solid roots in theQuebec City region, where it has a workforce of1,000 people. The company’s Quebec City officeis its largest outside Japan. In 2011, it announceda planned $20 million investment to launch thecompany’s first innovation centre in Canada.Christian GirouxSenior Vice-PresidentEastern CanadaFujitsu©photo:LeSoleil©photo:LeSoleilRichard Grenier, Paul Kahn and Marko Erman
  • 31. SPECIALIZEDAND HIGHLYEDUCATED WORKFORCEBEING ABLE TO RELY ON AQUALIFIED WORKFORCE ISA KEY CONSIDERATION FORCOMPANIES SEEKING STEADYGROWTH IN CUTTING-EDGESECTORS. HAVING ACCESSTO THE BEST TALENT IS APREREQUISITE TO WEALTHCREATION.In the Quebec City region,many educational and researchinstitutions offer training that isdirectly related to the region’smain economic drivers, therebyensuring the availability of ahighly skilled workforce that isready to get down to business!
  • 32. PEOPLE IN THEQUEBEC CITY REGIONHAVE A HIGHER LEVELOF EDUCATION THANTHE CANADIANAVERAGE, WITH 90%OF WORKING-AGERESIDENTS HOLDINGA HIGH SCHOOLDIPLOMA OR HIGHERQUALIFICATION.POOL OF UNIVERSITY GRADUATESIN THE QUEBEC CITY REGIONBY MAIN FIELDOF POST-SECONDARY STUDIESTrade,management andadministration66,000graduatesEngineering,architecture andrelated services55,500graduatesITCand electronics60,000graduatesLife sciences56,000graduatesSource: Statistics Canada (2006 Census)Compilation and calculations: Québec International©photo:LavalUniversity
  • 33. Home to five universities, 16 colleges and technicaltraining institutions, 22 vocational training schools andseveral specialized institutes, the Quebec City metropolitanregion has the educational infrastructure to meet thespecific workforce needs of companies.Laval University, North America’s premiere francophone post-secondary institution, is one of the leadingsources of qualified graduates in Canada, with 44,000 students enrolled in 400 different programs.Every year, it welcomes 4,000 foreign students from 110 countries. Numerous international students alsoattend classes on the Lévis campus of the University of Quebec at Rimouski (UQAR).Quebec City is home to the headquarters of the University of Quebec, Canada’s largest university network,in addition to the National School of Public Administration (ENAP), Télé-Université (distance learning) and theNational Institute of Scientific Research (INRS) - Water Earth Environment Centre.QUEBEC CITYATTRACTING UNIVERSITYSTUDENTSOut of a selection of 16 NorthAmerican metropolitan regions,Quebec City has one of the highestconcentrations of universitystudents, many of whom areenrolled in graduate programs(master’s and doctoral levels).UNIVERSITY STUDENTS (PERCENTAGE OF THE POPULATION)Sample of 16 North American metropolitan regions, 20101.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 %BOSTONBUFFALOAUSTINQUEBEC CITYOTTAWAWINNIPEGPHILADELPHIANASHVILLEMONTREALEDMONTONCINCINNATIRALEIGHVANCOUVERCALGARYTORONTORIVERSIDE5.7%Sources: National Center for Education Statistics (U.S. Department of Education), U.S.Census Bureau and Statistics CanadaCompilation and calculations: Québec International©photo:LavalUniversity
  • 34. Employment in knowledge-intensive sectors has grown faster inthe Quebec City region that in the rest of Canada. Between 2006and 2011, the rate of knowledge-intensive employment in theregion was 25.4%, compared with 16.7% for the province ofQuebec and 11.5% for Canada as a whole. Approximately 65%of the new jobs created in Quebec City between 2006 and 2011were in the medium/high knowledge-intensive sectors.KNOWLEDGE-ORIENTEDEMPLOYMENT MARKETEMPLOYMENT CHANGEIN HIGH-KNOWLEDGE INDUSTRIES200720062008200920102011QUEBEC CITYCMA+25.4%QUEBEC(PROVINCE)+16.7%CANADA+11.5%CANADA’S FLEXIBLELABOUR MARKETAccording to KPMG Competitive Alternatives 2012,the flexibility of Canada’s labour market and the easewith which companies can hire qualified workersare key contributors to the country’s sterling businessreputation. In the Quebec City region, workers andemployers can easily negotiate flexible and mutuallybeneficial work contracts. Compensation, workingconditions and workforce size can thus evolve in linewith market forces and companies’ operating realities.IMMIGRATIONAND WORKER MOBILITYMany companies are in hot pursuit of the world’s besttalent. When they set up operations in the Quebec Citymetropolitan region, they benefit from a spirit of opennessthat facilitates worker mobility.The Canadian government places a priority on attractingimmigrants whose skills and experience meet the needsof the national economy. Sharing in this spirit of openness,the Quebec government has entered into worker mobilityagreements with France, Catalonia and Ontario.Source: Statistics CanadaCompilation and calculations: Québec International
  • 35. Quebec City is the best placein Canada and the US fordoing business among citieswith 500,000 to 2 millioninhabitants, according to KPMGCompetitive Alternatives.The corporate tax rate(all sectors combined) is amongthe lowest in North America.In addition, rates of return on investment in the regionare among the highest in Canada at 6.5% to 7.5%.According to the US-based firm RS Means, constructinga building or renting office space in 2012 was also morecost-effective in Quebec City than in most other comparableCanadian and US cities.tax breaks andlow operating costsGenerous
  • 36. QUEBEC CITY’S COSTADVANTAGE COMPAREDWITH THE AVERAGEOF US CITIESIn percentage,by business type, 2012VIDEO GAME PRODUCTIONINTERNATIONALFINANCIAL SERVICESCLINICAL TRIALS MANAGEMENTELECTRONIC SYSTEMSBIOMEDICAL RDSOFTWARE DEVELOPMENTSHARED SERVICES CENTRES21.423.420.519.113.812.410.0%LOW OPERATING COSTSOverall, it is 5.8% cheaperon average for a companyto set up operationsand do business in theQuebec City regionthan in US cities. Quebec City is particularlynoteworthy for its significant cost advantagesin sectors such as life sciences, ICT/electronicsand financial services.TOTAL BUSINESS OPERATING COSTS(AVERAGE FOR 19 OPERATIONS)Selection of 15 North Americanmetropolitan regions, 2012QUEBEC CITYMONTREALWINNIPEGTORONTONASHVILLECINCINNATIEDMONTONVANCOUVERRALEIGHAUSTINCALGARYBUFFALORIVERSIDEPHILADELPHIABOSTON75 80 85 90 95 100Index (Average of US cities = 100)Source: KPMG Competitive Alternatives 2012Compilation: Québec International94.294.394.895.795.795.996.096.596.697.097.397.898.699.4101.2Source: KPMG Competitive Alternatives 2012Compilation: Québec International
  • 37. Quebec Cityoffersparticularlycompetitivesalaries.Median annual salaries ($)Overview of 8 typical professionsSelection of 4 North Americanmetropolitan regions, 2012Note: Exchange rate: US$1 = CA$1 (October 2012)Source: Economic Research InstituteCompilation and calculations: Québec International Quebec City Toronto Boston PhiladelphiAMedical manager 89,627 100,069 95,076 94,943(laboratory)Chemist 68,386 76,487 72,877 74,835Chief Product Development Officer 201,096 220,356 224,742 206,987Mechanical engineer 77,763 86,894 82,673 86,442Electrical engineer 85,841 95,865 91,118 97,367Electronics technician 53,107 59,248 56,605 54,561Computer Software Engineer 87,129 97,294 92,464 96,724Programmer Analyst 79,746 89,096 87,746 90,736
  • 38. AFFORDABLE ELECTRICITY COSTSDrawing on one of the world’s largest supplies of freshwater, the provinceof Quebec is a major producer of hydroelectricity, a leading source of greenand renewable energy. The Quebec government manages this resourcethrough the efforts of its state-owned corporation, Hydro-Quebec, enablingit to keep electricity rates affordable for everyone.AVERAGE ELECTRICITY PRICES IN THE BUSINESS SECTOR (¢/KWH)Sample of 5 North American metropolitan regions, 2012Notes: Average prices (taxes included)Exchange rate used by Hydro-Quebec: US$1 = CA$0.9917 (April 2, 2012)Electricity rates are uniform across the province of QuebecSource: Hydro-QuébecCompilation and calculations: Québec InternationalSMALL-SCALE MEDIUM-SCALE LARGE-SCALEPOWERCONSUMPTION40 KW10,000 KWH1 000 KW400,000 KWH5 000 KW3,060,000 KWHQUEBEC CITY 10.18 8.27 5.48EDMONTON 13.03 11.63 10.27TORONTO 13.64 12.91 11.97BOSTON 18.39 13.00 10.46NASHVILLE 11.27 9.72 8.83CORPORATE TAX BREAKSCompanies operating in Quebec benefitfrom a competitive tax system. Theinvestment tax rate is lower than theaverage rate in effect in the United States,the G7 countries and the OECD countries.This is due in part to the investmenttax credit for acquisitions of manufac-turing and processing equipment, as wellas the reimbursement of sales tax paid oncapital goods.According to the Marginal EffectiveTax Rate on Investment, an internationalcomparative measure that takes intoaccount all charges and tax rules influen-cing the return on capital invested innew investments, Quebec City is wellpositioned in relation to the otherCanadian provinces, the G7 countriesand the OECD countries.%40.035.030.025.020.015.010.05.00.0QUEBEC(PROVINCE)CANADIANAVERAGEOECD ITALY GERMANY FRANCE UNITEDKINGDOMUNITEDSTATES34.713.818.020.426.1 26.532.328.0MARGINAL EFFECTIVE TAX RATE ON INVESTMENTSample of 7 North American and European jurisdictionsand the OECD average for comparison purposes, 2014Sources: Ministry of Finance of Quebec and Department of Finance CanadaCompilation: Deloitte
  • 39. LOW TAX RATESAmong similar-sized North Americancities, Quebec City ranks favourablyin terms of corporate tax breaks. InQuebec City, the corporate incometax rate is 6.0% (all sectors combined).The total effective tax rate (i.e. theentire tax burden less tax relief) is37.2% in Quebec City, compared withan average of 61.1% for the US cities.Companies that set up operations in the Quebec City region are eligiblefor a variety of tax incentives, primarily in the form of refundable tax credits,as well as various support programs. These include assistance programsfor precompetitive research, support for hiring interns or training apprentices,financial assistance for purchases of equipment or specialized technologies,and tax holidays for certain major projects.Loans, loan guarantees and equity investments may also be granted tocompanies seeking financing or requiring support for investment projects.In addition, there are generous tax credits for high-potential sectors suchas multimedia, e-business and information/communications technology.OTHER INCENTIVESCORPORATE INCOME TAX RATE(AVERAGE OF ALL SECTORS COMBINED)Sample of 15 North American metropolitan regions, 2012WINNIPEGMONTREALQUEBEC CITYTORONTOCALGARYEDMONTONVANCOUVERAUSTINCINCINNATIBUFFALORALEIGHNASHVILLEPHILADELPHIABOSTONRIVERSIDE0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 %Source: KPMG Special Report: Focus on Tax 2012Compilation: Québec International6.0%
  • 40. World-classinfrastructureFrom procurement todelivery of finishedgoods, the just-in-timemethod and marketglobalization requirespeed, flexibility,efficiency and mobility.The Quebec Citymetro­po­litan regionoffers companiesan efficient and high-quality intermodalplatform combiningroad, rail, maritime andair transport. A clearcompetitive advantage!
  • 41. QUEBEC CITY INTERNATIONAL AIRPORTLocated only 20 minutes from downtown, Quebec City’s International Airport offers more than 350 directflights each week to cities such as Montreal, Toronto, Ottawa, New York, Philadelphia, Chicago and Paris.Named “Best Airport in North America” in its category at the Airport Service Quality Awards in 2010 and2011, Quebec City International Airport saw its passenger traffic increase by 50% between 2006 and 2011.More than 1.3 million passengers transit through the facility each year. By 2016, it is expected that new linkswill be established and more transporters will be represented thanks to a $225 million investment aimed atoptimizing the existing infrastructure.PORT OF QUEBECThe Port of Quebec connects North America’s industrial and agricultural heartland to the rest of the worldthanks to its strategic position, infrastructure and wide-ranging and efficient port services. Approximately29 million tons of cargo transited through the Port in 2011, making it the #1 port authority on the St. LawrenceRiver in terms of tonnage handled. As the only natural deep-water port serving the St. Lawrence and theUS East Coast all year round, the Port can accommodate vessels capable of loading and unloading up to150,000 tons at a time.ROAD AND RAIL TRANSPORTThe Quebec City metropolitan region’s 4,500 km road network is among the most developed in thecountry. It links the region to Eastern, Central and Western Canada, as well as to the US border statesof New York, Vermont, New Hampshire and Maine. Offering complete intermodal transportation services,the region’s rail network provides access to the entire North American continent, includingdoor-to-door freight service.
  • 42. UNIQUE TELECOMMUNICATIONS NETWORKRanked among the world’s most connected urban areas alongside Boston and San Francisco, QuebecCity has a high-performance telecommunications infrastructure that is unique in Canada. Nearly halfa billion dollars have been invested in the region by major players in the telecom industry over thepast few years.In 2012, Quebec City saw the rollout of Canada’s fastest and most extensive fibre-to-the-home network.Since then, various service providers have announced plans to achieve even faster connection speedsusing state-of-the-art technologies.The Quebec City region is ranked third in North America for the number and quality of its wireless Internetaccess points, according to the Innovation Cities Index 2012 compiled by Australian-based 2thinknow.INDUSTRIAL ANDTECHNOLOGY PARKSThe Quebec City metropolitan region is hometo a number of industrial and technology parks.Quebec City alone has 14 industrial parks, onetechnology park and five industrial zones. Twonew innovation zones are also in the works ona 400,000 square metres site.Created in 1988, the Quebec Metro High TechPark was Canada’s first technology park. Todayit is home to 100 companies and researchcentres employing more than 5,000 workers.More than $450 million has been invested inthe Park in recent years.Located on the Trans-Canada Highway inthe city of Lévis, south sore of Quebec City,Innoparc, a new technology and science park,is a knowledge hub committed to sustainabledevelopment.
  • 43. UnbeatableQUALITYOF LIFEIT’S NO SURPRISE THATQUEBEC CITY WASRANKED AMONG FDI MAGAZINE’STOP 10 “AMERICAN CITIESOF THE FUTURE”4FOR ITSQUALITY OF LIFE. THE REGIONHAS ALL OF THE ADVANTAGESOF A MAJOR URBAN AREAWHILE REMAINING IN HARMONYWITH ITS SPECTACULARNATURAL ENVIRONMENT.Quebec City is an outstanding place to do business, but it’s also organizedon a human scale , making it a great place to live! That’s why the regioncontinues to attract a growing number of companies seeking to secure theloyalty of a mobile workforce that is increasingly attuned to environmentaland quality of life issues.4 Among similar-sized cities in 2011-2012.
  • 44. The region is bordered by forests that cover more than 55% of itsterritory. Rivers and streams wind their way through the city, whichis dotted with parks, green spaces, urban forests and tree-linedstreets. A great place for biking, jogging, rollerblading and walking,the metropolitan region offers plenty of opportunities to enjoyoutdoor activities without having to leave the city. The St. CharlesRiver Park features a 32-km-long path along the river, runningthrough the heart of the city. In addition, the Samuel de ChamplainPromenade occupies a 2.5 km section of the St. Lawrence River’sNorth Shore. Inaugurated in 2008, the Promenade has receivednumerous architectural and urban design awards, including theChicago Athenaeum International Award for Architecture.A GREENCITY ONTHE MOVEUNESCO WORLDHERITAGE SITE© photos: OTQ Camirand photo, CCNQ, Jonathan Robert, Enviro Foto Jean-François Bergeron,Simon Clark, Renaud Philippe, Laval University
  • 45. The Quebec City region also moves to the rhythm of a wealth of sportsand cultural events. There’s no way you could ever get bored! A Canadiancultural hotspot, Quebec City boasts museums, contemporary andsymphonic music ensembles, concert halls, theatres, festivals and majorinternational cultural events.Quebec City is known for its world-famous dining establishments. Celebritychefs have opened restaurants and bistros featuring inventive anddelectable dishes.With its university football club, baseball and hockey teams, as well asinternational biking, skiing and extreme skating competitions, Quebec Cityis also a place of action where the spotlight is focused on summer as wellas winter sports. Quebec City’s vitality is so contagious that people comefrom the four corners of the globe to celebrate every season of the year!PERFECTFORRECREATIONQUEBEC CITY OFFERS A WINNING COMBINATION OF EUROPEANAND NORTH AMERICAN CULTURAL INFLUENCES. THE LOCALLIFESTYLE AND ARCHITECTURE RECALL THE REGION’S PAST ASA FRENCH AND BRITISH COLONY.A strategic military base for more than three hundred years, Quebec City isthe only urban area in North America with authentic fortifications. The historicOld Town was named a UNESCO World Heritage Site. Attracting thousandsof visitors each year, Quebec City was named the #1 tourist destinationin Canada and #6 in the world by Condé Nast Traveller magazine.
  • 46. THE QUEBEC CITYMETROPOLITAN REGIONHAS ONE OF THELOWEST COSTS OFLIVING AMONG CITIESOF A SIMILAR SIZE.Residents enjoy free access toquality healthcare and education.They also benefit from a socialsafety net superior to most otherNorth American regions, as well asreasonably priced rental housing,affordable real estate and some ofthe lowest electricity rates. Post-secondary education is also moreaccessible due to the fact thatuniversity tuition fees are amongthe lowest in North America.COST OF LIVING INDEXSample of 16 North American and Europeanmetropolitan regions, 2012WINNIPEGQUEBEC CITYEDMONTONOTTAWAVANCOUVERMONTREALCALGARYLYONTORONTOTURINBIRMINGHAMBUFFALOPHILADELPHIADUBLINAUSTINBOSTON0 10 20 30 40 50 60 70 80 90 100 110Index (New York = 100)Source: fDi IntelligenceCompilation: Deloitte58.856.261.066.167.069.469.996.572.773.677.682.985.385.692.799.3
  • 47. As the pre-eminent regional economic development agency,Quebec International can put you in fast-track contact withthe main regional and national stakeholders with a viewto speeding up your business launch or expansion projectwhile minimizing risks.As an integrated economic development agency, QuebecInternational does much more than promoting and attractinginvestment. In fulfilling its mission of fostering companygrowth, supporting key sectors and attracting talent, it offerscompanies a full and varied slate of services. All of QuebecInternational’s services are confidential and free of charge.IN QUEBEC CITY, ALL ECONOMICDEVELOPMENT ACTORS WORK IN SYNERGYTO MEET THE NEEDS OF INVESTORS ANDENTREPRENEURS AND HELP ENSURE THESUCCESS OF THEIR BUSINESS PROJECTS.OutstandingOUTREACHAND ASSISTANCENETWORK
  • 48. SINCE WE ARE AS AMBITIOUS ASYOU ARE, WE’LL GIVE YOU ACCESSTO OUR NETWORK OF TARGETEDCONTACTS, AS WELL AS A COMPLETERANGE OF SERVICES AIMED ATMAXIMIZING YOUR CHANCESOF SUCCESS. Provide information on the regional economy and business environment. Identify available sources of financing and tax breaks. Identify and visit potential launch sites. Provide assistance during the setup phases of your project. Provide assistance to immigrant entrepreneurs. Provide assistance with local, regional and national authorities. Identify experts in the areas of law, tax, accounting, logistics, etc. Introduce you to business and scientific partners. Identify potential private and public financial partners. Support the recruitment and integration of qualified foreign workers. Support marketing initiatives and the development of external markets. Identify business opportunities. Facilitate integration with initiatives specific to your industry. Support entrepreneurship and innovation.STRATEGICINFORMATION ANDASSISTANCESUPPORTYOURCOMPANY’SGROWTHHERE’SWHATWE CANDOFORYOU
  • 49. In 2012, Quebec International became the onlyorganization to appear in the “Top Canadian EconomicDevelopment Group” for six years in a row. Compiledby Site Selection magazine, this prestigious rankinghonours Canada’s best economic development agencies.QuebecInternationalseeks toquebecinternational.caAttract foreigninvestmentsSupport trade and foreignmarket developmentDevelop and promotekey clustersFoster innovation and hi-techentrepreneurshipAttract qualifiedforeign workersPromote the competitiveenvironment of the QuebecCity area
  • 50. UNITED STATESACTIVISIONADESAAGRIBRANDS INTERNATIONALAUTOMATIC DATA PROCESSING (ADP)AECOMAIR PRODUCTS AND CHEMICALSAKZO NOBEL USAALCOAALSCOAMES TRUE TEMPERANIXTERAPPLIED INDUSTRIAL TECHNOLOGIESARCLAY NATURAL TECHNOLOGIESBD WHITE BIRCH INVESTMENTBECTON-DICKINSONBRASSELER USABUNGE LIMITEDCARDINAL HEALTHCARGILLCODEXISCOCA-COLACROSS MATCH TECHNOLOGIESCUMMINSEATONENVIROQUIPESRI (GIS)GENERAL DYNAMICSGENERAL ELECTRICGENUINE PARTS COMPANY (GPC)GOODYEAR TIRE AND RUBBER COMPANYGORDON FOOD SERVICE (GFS)HONEYWELL ASCAIBMINTERNATIONAL MATEX TANK TERMINAL (IMTT)INVENTIV HEALTHIRON MOUNTAIN CORPJELD-WEN INTERNATIONALJOHNSON CONTROLSLAB-VOLT SYSTEMSLANTHEUS MEDICAL IMAGINGLAWSON SOFTWARELIVE NATION ENTERTAINMENTLKQ AUTO PARTS INC.MASONITE WORLDWIDEMCKESSONMICROSOFT INTERNATIONALMOMENTIVE SPECIALITY CHEMICALSNAP TOOLSNOVA METRIXOLDCASTLEOLYMPUS NDT AMERICAORACLE CORPORATIONOTISPEPSICOPHILIP MORRIS INTERNATIONALPITNEY BOWESQUALITROL COMPANYRED HOLDINGS GROUPROPER INDUSTRIESSAFETY-KLEEN SYSTEMSSIMKINS INDUSTRIESSPEX SAMPLE PREPSTANLEY BLACK DECKERSTERISTETRA TECHTRIPLE POINT TECHNOLOGYUNITED TECHNOLOGIES CORPORATION (UTC)VALEROXYBION CORPORATIONZETECTHEY PICKED QUEBEC CITY!OUR OUTREACH AND ASSISTANCE NETWORK HAS A LONGTRACK RECORD OF SUCCESS. HUNDREDS OF FOREIGNCOMPANIES HAVE OPERATIONS IN THE QUEBEC CITY REGION.HERE’S A PARTIAL LIST:
  • 51. AUSTRALIACOMPUTERSHAREINCITEC PIVOT EXPLOSIVESBELGIUMGDF SUEZ ENERGY SERVICES INTERNATIONALGSK BIOLOGICALSSILOXDENMARKSFK SYSTEMSFINLANDKONE CORPORATIONPEIKKO GROUPFRANCEAIR LIQUIDEALYOTECHAREXIS GROUPAVENCALLBBGR FRANCEESSILOR INTERNATIONALGLOBAL SERVICES SANTÉREXEL DÉVELOPPEMENTROCAMATSCHNEIDER ELECTRICSOCIÉTÉ E.C.L.SOFRANEL/DE HUA MATERIAL TESTINGSSOPREMAT.I.R.U.UBISOFT ENTERTAINMENTUNIPEX GROUPVEOLIA ENVIRONMENTTHALES SAGERMANYBEGO BREMERLINDE GROUPSIEMENSTHYSSENKRUPP AGINDIAMPHASISIRELANDCOOPER INDUSTRIESKERRY GROUPITALYQUBICAAMF EUROPEJAPANFUJITSUKONICA MINOLTAMAKITANETHERLANDSIMTECHNALCO GLOBALSWEDENENVAC GROUPSECURITASVOLVO GROUPSWITZERLANDABB GROUPHOLCIMKÜHNE + NAGEL INTERNATIONALNOBEL BIOCARE SERVICESTI INFORMATIQUETYCO INTERNATIONALUNITED KINGDOMBUNZLSMITHS GROUPZAFIRO MARINE
  • 52. “In Quebec City, we have found highly skilled,creative, motivated and loyal personnel. Thecompany could not have achieved its currentinternational status and pursue its progressionwithout the excellent support we have receivedfrom the community for over 25 years. We arehappy to have our headquarters in Quebec City,and we will continue to invest here whileexpanding our worldwide presence.”EXFO is a leading provider of testing andmonitoring systems for fixed and wirelesstelecom networks. Founded in Quebec Cityin 1985, the company has more than1,700 employees in 25 countries, including600 at its Quebec City headquarters. Today,EXFO supports approximately 2,000 customersin over 100 countries, including the mostimportant network operators (ATT, Verizon,Deutsche Telekom, NTT, BT, China Mobile, etc.)and system manufacturers (Ericsson, NokiaSiemens, Alcatel-Lucent, Huawei, etc.).Germain LamondeFounderChairmanand CEOEXFO inc.Bernard LabelleSeniorVice-PresidentCGI“Fortunately, Quebec City is well positioned within CGI’sglobal network as one of the centres of excellence ableto serve clients located virtually anywhere in the world.Many companies have decided to relocate their operationsto the emerging countries on a massive scale. At CGI,we now have capabilities that we did not have in thosecountries, but we’ve also chosen to maintain a very stronglocal presence. Quebec City has always been a goodmarket for IT services companies.”CGI is the fifth-largest independent IT services andbusiness process management company in the world.Founded in Quebec City in 1976, CGI is shining exampleof made-in-Quebec business success. The company nowemploys 72,000 professionals in more than 40 countries,with over 1,100 in Quebec City.©photo:LeSoleil©photo:LeSoleil
  • 53. INVESTINTHEQUEBECCITYREGIONINVESTquebecinternational.caPROFITFROM OURSUCCESSINVEST IN THE QUEBEC CITY REGION*PAP_QcInt_couvert_brochureInvestir_EN.indd 2 2013-02-27 12:07MONTREALTAWAQUEBECCITYRegion

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