a competitiVe ECONOMy
index of Business location and opeRating costs1 (UNITED sTATEs = 100)
60 70 80 90 100 110 120
Sources: KPMG and ministère des Finances.
United States Japan
Results obtained from the KPMG 2006 Competitive Alternatives cost model. The lower the index, the lower the business location and operating costs in the jurisdiction concerned.
LOw BUsINEss LOCATION AND OPERATINg COsTs
The most recent KPMG study (2006) again confirms that business location and operating costs in Québec are among the lowest of the major industrialized countries.
All sectors combined, these costs are 2.3% lower than the Canadian average, 7.7% lower than in the United States and than the average of the G7 countries.
Companies in Québec operate under a tax system that is competitive on the whole compared with those of other North American jurisdictions.
Tax rates on business profits in Québec are among the lowest in North America.
Companies receive a rebate of the Québec sales tax on almost all their purchases.
A COMPETITIvE TAx sysTEM FOR BUsINEssEs
comBined coRpoRate income tax Rates as at januaRy 1, 2006 (PER CENT)
New York Massachusetts California
Maximum tax rates applicable to active income of corporations by all levels of government.
Source: Ministère des Finances.
index of the cost of liVing in selected cities1 (NEw yORk = 100)
Berlin New York
Paris Geneva London
COsT OF LIvINg
According to an annual study by Mercer Human Resource Consulting that covers 144 business centres throughout the world, Montréal ranks among the cities with the lowest cost of living:
Montréal and Québec stand out internationally, in particular because of the low cost of housing.
20 40 60 80
The higher the index, the higher the cost of living.
Source: Mercer Human Resource Consulting (2005).