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Province of Quebec

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Demographics

Population

  • 7.5 million (2004)
  • French is the official language
  • Highly bilingual and multilingual workforce

Active population (thousands): 4,028

Total area: 1,667,441 km 2

Employment by industry (000s), 2004
Manufacturing
629.3
Retail trade
471.6
Health and social services
442.6

Population of metropolitan areas
Montreal  
3.6 million
Quebec City (Capital)
710,800
Gatineau  
277,700
Saguenay  
154,200
Sherbrooke  
162,300
Trois-Rivières 
141,200

Languages (% distribution), Census 2001
French, mother tongue
80.2
English, mother tongue
8.2
Speaking both official languages
40.2

Economy

Current GDP ($)
267,032 million

Consumer Price Index inflation

1.9% (2004)
Unemployment rate
8.5% (2004)

Total international trade ($ CDN billions)
Exports
$ 89.1 billion (2004)
Imports
$87.9 billion (2004)

Trade and Investment (2004)

International export markets (%)
United States
81.8
United Kingdom
2.2
Japan 
1.6

Top three international exports (%)
Aerial vehicles and parts
11.2
Paper and cardboard
9.1
Machinery
8.6

International import suppliers (%)
United States
36.4
China
7.3
United Kingdom
7.0

Top three international imports (%)
Oil and natural gas
16.3
Automobiles
14.1
Machinery 
12.1

Business and Investment Environment

  • An exceptional, available qualified and stable labour force at a competitive price.
  • A market of 110 million consumers within a 1000 km radius.
  • Tax incentives and labour force assistance and training programs adapted to the needs of companies.
  • Research and development and innovation capacity geared to the needs of companies.
  • Availability of private and public capital to fund investment projects.

Sectoral Strengths

Aerospace

  • Quebec ranks sixth worldwide.
  • Montreal is one of the world’s largest aeronautical centres, along with Seattle (US) and Toulouse ( France ).
  • The industry’s 260 companies include four leading international players: Bombardier for regional business aircraft, Pratt & Whitney Canada for airplane and helicopter engines, CAE for flight simulators and Bell Helicopter for civilian helicopters.
  • One out of every 200 people work directly in the aeronautics manufacturing industry in Quebec .
  • Over 80% of production is exported.

Biopharmaceutical industry

  • About 40% of deliveries and 42% of investment in Canada ’s biopharmaceutical industry are in Quebec .
  • Six of the seven research centres for multinational pharmaceutical companies in Canada are located in Quebec : Merck Frosst, AstraZeneca, Boehringer Ingelheim, Bristol-Myers Squibb, Wyeth Pharmaceuticals and ID Biomedical.
  • Quebec boasts internationally recognized research firms and a biotechnology research institute.

Information technology

  • 70% of production is exported.
  • Software and multimedia companies are internationally recognized for their creativity and knowledge.
  • Montreal is the site for a critical mass of companies, including several world leaders in manufacturing and research in the wireless telecommunications niche.
  • A leading international producer of interactive games, animation and 2D and 3D special effects.

Other sectors of excellence

  • Agri-food
  • Automotive and surface transportation equipment
  • Light metals
  • Microelectronics
  • Telecommunications

Online Resources

Investissement Québec
www.investquebec.com

Montréal International
www.montrealinternational.com

Québec
pole-qca.ca

Société générale de financement du Québec
http://www.sgfqc.com/en

Contacts

In Canada , contact:

International Trade Canada
E-mail: investincanada@international.gc.ca
Internet : www.investincanada.gc.ca

For investment information on QC, contact:
Investissement Québec
E-mail: info@investquebec.com
Internet: www.investquebec.com