Imagine investing in a diversified company that has consistently
shown quarter-over-quarter, year-over-year growth and fostered a working
culture that sets it apart from all its competitors. Market leadership.
Innovation. A skilled and diverse workforce. Cost competitiveness. A
growth-focused and entrepreneurial business climate. All highly differential
advantages that are intimately tied to a results-driven track record.
BUT IF THAT COMPANY WERE A COUNTRY….
Then that country would be Canada. Canada’s cost-competitiveness
is conclusively proven by KPMG’s 2006 Competitive Alternatives
study. This comprehensive eight-month study examined and compared relative
business costs of 27 location-sensitive cost factors in 17 industries,
nine industrialized countries and 128 cities.
And for the sixth consecutive time, Canada leads all
G7 countries with the lowest overall business costs—a tremendous
achievement with a strong dollar, further signalling a robust and internationally
competitive economy.
Canada continues to provide corporations looking to
expand their operations with a strong economic foundation that has encouraged
a low-cost, yet quality-driven business environment for different sectors.
The proof of Canada’s cost-competitiveness is
in KPMG’s recent analysis. In 12 of 17 industries KPMG studied,
Canada has the lowest business costs of all G7 countries, while Canadian
cities rank No.1 in 16 out of 17 industries as low-cost G7 jurisdictions.
Canada also records the lowest overall labour costs of G7 countries.
CANADIAN CITIES, MEANWHILE, CONSISTENTLY DEMONSTRATE THEIR COST-COMPETITIVENESS
COMPARED TO SIMILAR U.S. LOCATIONS, WITH OVERALL BUSINESS COSTS 5.5
PERCENTAGE POINTS LOWER THAN THEIR SOUTHERN NEIGHBOURS.
