SASKATOON.
INVESTING IN PRAIRIE INNOVATION.
Saskatoon is the No. 1 low-cost city
in the Midwest U.S./Western Canada region – providing exceptional
value to your investment. This impressive result comes from Competitive
Alternatives: KPMG’s Guide to International Business Costs, 2006
edition. The comprehensive study of location-sensitive costs compares
128 cities in North America, Europe and Asia-Pacific, using the U.S. average
as the study benchmark. In a short period of time, Saskatoon has transformed
its resource-dependent economy into a high-growth innovative one. The
city ranks among the top 10 low-cost G7 locations in 10 out of the 17
sectors KPMG reviewed.
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LEADING THE PACK
Saskatoon’s G7 low-cost leadership position is advanced by its chemicals
and telecommunications sectors in which it has the fifth lowest business
costs among 91 G7 cities studied. The city’s economy provides investors
with a balanced portfolio of low-cost sectors, including a sixth G7 rank
in pharmaceuticals. Saskatoon in its region is a cost-competitive giant.
It offers the region’s lowest cost for product testing, telecom,
corporate service centres, biotechnology, clinical trials, electronics,
chemicals, precision manufacturing and medical devices.
MAXIMIZING COST ADVANTAGES
The KPMG study confirms Saskatoon’s substantial cost advantages
over U.S. cities. Saskatoon has the most competitive business costs in
the Midwest U.S./Western Canada region, with a 10.1 percentage point advantage
over Houston. Saskatoon also has cost advantages ranging from about 4
percentage points over Cheyenne to more than 5.6 percentage points over
Cedar Rapids, both comparable U.S. cities.
That’s just the start. Saskatoon has across-the-board
regional cost advantages in each sectoral category analyzed by KPMG as
proven in the graph below:
The cost advantage is clear. The choice is yours. Investing in
Canada simply makes a whole lot of business sense. |
SASKATOON QUICK FACTS:
- Province: Saskatchewan
- Population: 235,800 (2005)
- Traditional Industries: Agriculture, metal manufacturing
and products, mining and related services.
- Emerging Industries: Agri-food, biotechnology and
specialty manufacturing.
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