CHILLIWACK.
INVESTING IN A RISING STAR.
Chilliwack holds the No. 1 cost-competitive
position in the Pacific U.S./Canada region for all 17 sectors
- 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. One of the fastest-growing communities
in British Columbia, Chilliwack also ranks among the top 10 low-cost G7
cities in biotechnology, chemicals and software design industries. Overall,
the city has a 6 percentage point cost advantage over the U.S. average.
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LEADING THE PACK
For what was once a largely agricultural economy, Chilliwack enjoys the
lowest business costs in the Pacific U.S./Canada region in all 17 sectors
analyzed by KPMG. In particular, Chilliwack’s cost advantages are
most significant in knowledge-based research-intensive industries. In
biotechnology and clinical trials, for example, Chilliwack has approximately
a 16 and 17 percentage point advantage over the U.S. average.
MAXIMIZING COST ADVANTAGES
The KPMG study confirms Chilliwack’s substantial cost advantages
over U.S. cities. In the Pacific region, Chilliwack holds an overall cost
advantage of approximately 5 percentage points over Spokane, a similarly
sized U.S. city. And, in a region known for high-tech industries, Chilliwack
also leads in the software design sector with a cost advantage over Portland
and Seattle of roughly 8 and 12 percentage points respectively.
That’s just the start. Chilliwack 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. |
CHILLIWACK QUICK FACTS:
- Province: British Columbia
- Population: 69,776 (2001)
- Traditional Industries: Agri-food, equipment and
machinery manufacturing, forestry and wood products.
- Emerging Industries: Pharmaceuticals, call centres,
software design and development.
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