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MARITIME KNOW-HOW
It’s an exceptional one, two, three and four low-cost sweep for
Moncton, Charlottetown, Halifax and St. John’s in the New England/Atlantic
Canada region, according to KPMG’s analysis. Next to large New England
markets, such as Boston, these Canadian cities provide low-cost footholds
on emerging high-growth sectors, from pharmaceuticals, telecommunications,
clinical trials, chemicals to medical device sectors.
STRATEGIC NORTHEAST CORRIDOR
Sherbrooke has the No. 1 low-cost rank among 91 G7 cities in nine of the
17 sectors KPMG reviewed – the premier low-cost city in North America.
Major Canadian business centres Montréal and Toronto also confirm
their leadership positions with first and third overall low business cost
ranks among large North American cities. As a research-intensive technology-
driven cluster, Waterloo Region offers investors cost advantages of approximately
7 and 11 percentage points over the U.S. average for software design and
biotechnology respectively. Quebec City, meanwhile, ranks among the top
10 low-cost cities in the G7 in nine out of the 17 sectors KPMG reviewed.
PRAIRIE OPPORTUNITY
The Western Canadian economy offers international investors a low-cost
business environment that is diversified and innovative. Saskatoon leads
the Midwest U.S./Western Canada region with the lowest overall business
costs, while Edmonton has top 10 rankings in seven out of the 17 sectors
KPMG analyzed. Winnipeg and Calgary hold third and fourth positions as
overall low-cost leaders in the region, with strong rankings in aerospace
and software design.
PACIFIC HIGH-PERFORMANCE
Among larger Pacific U.S. cities, Vancouver underscores its overall regional
cost competitiveness with the lowest business costs in all 17 sectors
reviewed by KPMG, including research-intensive biotechnology and software
design. Vancouver is also a low-cost gateway to rapidly growing Asia-Pacific
markets through the largest port in the country. Not to be outdone, Chilliwack
has the lowest business costs in all 17 sectors in the Pacific U.S./ Canada
region, with low-cost results in research-intensive industries that include
biotechnology, chemicals and software design.
Combine these regions together, and global businesses
have low-cost strategic
locations from which to seamlessly access the world’s largest marketplace
through the North American Free Trade Agreement (NAFTA).
The cost advantage is clear. The
choice is yours. Investing in Canada simply makes a whole lot of business
sense.
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