In conjunction with the Contech Building Exhibition in Quebec City, Québec International (QI) and Quebec City's ACCORD/Green and Intelligent Building (GIB) sector of excellence are pleased to launch QUEBOX, a initiative aimed at promoting made-in-Quebec manufacturing expertise focusing on sustainable buildings.
Nearly 100 specialists were in Quebec City yesterday to kick off the Outbreak Intervention Symposium (OIS 2016), which aimed to improve responsiveness in the face of public health emergencies and global disease outbreaks
Québec International (QI) is pleased to announce that three international biofood companies have begun operations in the region. The Nutrition and Functional Foods Institute (Institut sur la nutrition et les aliments fonctionnels/INAF) has entered into partnership agreements with each of these companies. At a meeting in Quebec City to mark the international conference on health ingredients and foods, BENEFIQ 2016, Jesse Vincent-Herscovici, Senior Account Manager and Team Lead, Major Accounts, Mitacs Inc., a Nestlé partner; Kurt Johnson, CEO of R-Biopharm; and Yannick Riou, President of Diana Food, presented their respective projects alongside the INAF.
Québec International warmly welcomes the announcement made by Dominique Anglade, Minister of the Economy, Science and Innovation and Minister Responsible for Digital Strategy; Carlos J. Leitão, Minister of Finance, Minister Responsible for Government Administration and Ongoing Program Review and Treasury Board Chair; François Blais, Minister of Employment and Social Solidarity and Minister Responsible for the Quebec City Region; and Régis Labeaume, Mayor of Quebec City, confirming that the InnovExport Fund will be a major driver for innovative companies aiming for export markets.
Québec International is proud to announce that it was honoured twice at the 2016 International Life Sciences Awards, established by Global Health & Pharma (GHP) magazine (owned by UK-based AI Global Media). QI, an economic development agency specializing in the Quebec City region, won Best Life Sciences Industry Development Agency-Canada, together with the GHP Excellence Award for Life Sciences Business Development.
– Innovation, marketing and human resources are the three keys to business performance. That was the main conclusion that emerged from the inaugural edition of the Quebec City International Forum on Business Growth, which drew over 170 entrepreneurs and economic stakeholders, primarily from North America and Europe, to the Quebec City Convention Centre on July 5, 6 and 7.
Carl Viel, President and CEO of Québec International, is proud to announce that Québec City's technology incubator/accelerator, LE CAMP and Héméra, a Bordeaux-based business accelerator, concluded a partnership agreement today at a ceremony attended by Régis Labeaume, Mayor of Québec City; Alain Juppé, Mayor of Bordeaux, President of the Bordeaux Metropolitan Region and former Prime Minister of France; and Virginie Calmels, Assistant to the Mayor of Bordeaux and Vice-President of the Bordeaux Metropolitan Region.
The Mayor of Québec City, Régis Labeaume; the Minister of Employment and Social Solidarity and Minister Responsible for the Québec City Region, François Blais; and the CEO of Québec International, Carl Viel, officially opened the new offices of Québec City's technology incubator/accelerator (LE CAMP). Today's event drew more than 150 representatives of Québec City's entrepreneurial sector under the themes of #apprendre #accelerer #rassembler (learn/accelerate/come together).
Québec International is proud to announce that Québec City's technology incubator/accelerator, LE CAMP, has concluded partnership agreements valued at over $315,000 in financial contributions and services with the Caisse de dépôt et placement du Québec, PwC, BCF Business Law, ROBIC Lawyers, Patents and Trademark Agents and the Business Development Bank of Canada (BDC). In addition, the signing of a collaboration agreement with the Centre for Digital Imaging Development and Research (CDRIN) will provide local companies with access to motion capture services. All of these agreements will run for periods of two to three years, depending on the individual partners.
Hubert Bolduc, President and CEO of Montréal International, and Carl Viel, President and CEO of Québec International, today unveiled the very first profile of the big data industry in Québec. The new study highlights the potential of local businesses, universities and research institutes to position Québec as a world leader in this up-and-coming field, which is expected to grow an average of 25% per year by 2020.
According to KPMG's report Focus on Tax 2016, tax costs in the Québec City census metropolitan area (CMA) are 46.4% lower than in the US, which serves as the benchmark. Québec City is among the world's Top 10 comparably sized metropolitan regions, i.e. with populations of over 500,000 inhabitants in mature markets. Among the 111 regions studied (all categories combined), Québec City ranked 16th worldwide. It was in next-to-last place in Canada, ahead of Montreal.
According to Statistics Canada, the Québec City census metropolitan area (CMA) recorded an unemployment rate of 4.1% in the second quarter of 2016, the lowest in Canada. Unemployment was down considerably from the first-quarter figure of 5.1% due to a sharp drop in the labour force (-1.1%), which outweighed the decrease in the total number of jobs (-0.1%). The Québec City region finished the spring with a total of 432,500 jobs, thus keeping losses at only 300 compared with the first three months of the year.
The Québec City census metropolitan area (CMA) recorded an unemployment rate of 4.2% in May, down from 4.5% in April. This was the lowest rate in the province of Québec and the lowest among the Top 8 Canadian CMAs. Once again, the drop in the total workforce (-0.8%) was greater than the total number of jobs available (-0.5%), resulting in a lower unemployment rate.
The Québec City census metropolitan area (CMA) recorded 4,5% unemployment in April 2016, down 0,6 points since March and good for second place in Canada. The decline in the workforce (-1,7%) exceeded the drop in job numbers (-1,1%), sending the unemployment rate below the 5% mark.
The employment market lost a bit of steam in the Québec City CMA in early 2016. The region was home to 432,800 jobs in the first quarter, down 12,500 from the fourth quarter of 2015. The situation, however, is much different from the losses seen in 2011. Five years ago, the region was dealing with a drop in the active working population as well as an increase in the number of jobseekers. This year, the drop in employment was primarily due to the smaller regional workforce.
The Québec City region is outperforming its rivals when it comes to business operating costs. The 2016 edition of KPMG's Competitive Alternatives confirms that Québec City continues to be ranked #1 worldwide among comparably sized urban areas (i.e. over 500,000 inhabitants in mature markets) in terms of its competitive cost advantages. According to this biennial study, it is 16.1% cheaper to set up a company and do business in Québec City, compared with the US average — a marked improvement over the 2014 result (9.3% cheaper).
For the past few months, Québec City's labour market has been at peak performance. Since May 2015, the region has been posting monthly totals of more than 441 ,000 jobs. This dynamic has been helped along by a variety of factors, including job diversity, the completion of various major projects, revenue growth and a rosier international economic outlook.
The Québec City metropolitan region recorded real GDP of $34.9 billion in the third quarter of 2015, up 1.7% from the same period in 2014. In step with other major Canadian CMAs, the region maintained its pace of growth. Thanks to this performance, Québec City has an annualized growth rate of 1.9% for the first nine months of 2015, ranking third out of eight CMAs.
Our expectations were high for 2015 in light of the US economic recovery and service sector growth. The Quebec City CMA rose to the challenge, creating 8,600 jobs compared with 2014 (the net gain from 2013 to 2014 was 5,200 jobs). The region hit a peak of 442,300 jobs. In addition, as unemployment reached one of the lowest levels in Canada (4.7%, down from 5.3% in 2014), Quebec City edged closer to its all-time low of 4.4% recorded in 2008.
Canada's labour market lost some steam in November as a number of metropolitan regions that had had the wind in their sails since the beginning of the year were impacted. The Quebec City CMA was no exception to the monthly trend, posting 445,900 jobs overall, down slightly from the exceptional level in October (-1,800). Unemployment, however, held steady as the labour force shrunk by 0.6%, more than the total number of jobs ( 0.4%).