Press releases - Local businesses in the Québec City area will enjoy new job opportunities following the creation of the new Foreign Trade Zone (FTZ) point. The designation will help businesses facilitate exports and create jobs for the middle class. This designation was announced in the presence of the Honourable François-Philippe Champagne, Minister of International Trade, and Joël Lightbound, Member of Parliament for Louis-Hébert and Parliamentary Secretary to the Minister of Health, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for CED.
Press releases - Québec International would like to take this opportunity to express its solidarity with all of Quebec City's Muslim community in the wake of last night's tragic events at the local Islamic cultural centre (Centre culturel islamique de Québec).
Economic News - 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).
News - Québec City is one of the largest Canadian meeting and events destination thanks to a fruitful partnership between the Québec City Convention Centre and ExpoCité’s Exhibition Centre. Both venues total 485,000 sq. ft. of meeting, convention and exhibition space, placing Québec City 3rd among Canadian destinations.
News - On the heels of the widely successful 2012 and 2014 summits, Desjardins Group and the International Co-operative Alliance will hold the third annual International Summit of Cooperatives at the Québec City Convention Centre, October 11–13, 2016. Over 2,000 decision-makers, managers and leaders of cooperatives and mutual enterprises will be in attendance, as well as business people from 93 countries. Québec City will benefit tremendously from hosting this international event, with the hotel industry expecting more than 6,000 overnight stays. Spinoffs generated by the event are estimated at over $3 million.
News - Ville de Lévis revealed its Industrial Development Strategy today, laying the groundwork for bringing in new businesses and boosting industrial development in the region. The city plans to invest $17 million over the next five years, with $12 million going toward road development and $5 million toward land acquisition, with a focus on the Bernières and Lauzon industrial parks. The first lots will be ready for construction in fall 2016.
News - The government will go ahead with a $700-million plan to build an interim supply vessel for the Royal Canadian Navy, despite the sole-source nature of the project. A joint statement from Procurement Minister Judy Foote and Defence Minister Harjit Sajjan confirmed Monday afternoon the government has entered into a contract with Quebec-based Chantier Davie Canada Inc. to proceed with Project Resolve. The decision comes less than two weeks after the Liberal government said it was stalling the deal for two months to examine a number of factors surrounding the agreement, leading to worries the program would be scrapped.
News - According to UBI Global and its UBI Awards, Entrepreneuriat LAVAL (Laval University) is #1 University Business Accelerator in the world. Congratulations! A Top University Business Accelerator is an accelerator managed or formal affiliated with a university, that provide better value for the ecosystem and their startup clients than their regional or global peers. They stand out from average-performing accelerators with better outcomes on economy enhancement, access to funds and post acceleration performance indicators.
News - After years of sustained collective effort, Université Laval has achieved carbon neutrality by massively reducing its greenhouse gas emissions at the source and using carbon credits to offset the rest. A leader in sustainable development, Université Laval is the first university in Québec to reduce its greenhouse gas (GHG) emissions to zero, and the first in Canada to do so in the absence of any legal imperative.
News - On a mission to establish and develop relationships with sports industry leaders at the Summit, Marc Magny, the Québec City Convention Centre’s delegate for international sporting conventions, travelled to Lausanne to promote Québec City. While in the Olympic capital, our delegate made many valuable contacts and also had the chance to present a video to sports federation representatives showcasing Québec City’s event and sports facilities. He also proudly represented Québec City at the first meeting of the future association of host cities for sporting events and conferences, attended by delegates from over 30 cities.