the Quest FOR ExCELLENCE
With a portfolio of more than 500 patents, VoiceAge Corporation has had one of its audio compression technologies recognized by international telecommunications industrial standards. The result: its ACELP technology is included in more than one billion cellular telephones, i.e. 93% of digital phones used around the world.
Creaform has developed a revolutionary 3D laser scanner, the HandyScan. The device can quickly render any object as a 3D file with a simple scan. The Art Center College of Design of California, the world design leader, has selected the HandyScan to train its future designers.
Phytronix has developed and patented a new atmospheric pressure ionization technology, LDTD. Its product, P-Tech 96, reduces sample analysis time by a factor of from 15 to 50, making it a must for laboratories that want to increase their speed of analysis.
The American network NBC selected software by a Québec company, Bug.TV, to broadcast the 2006 Olympic Games from Turin. BUG.TV’s software helps to broadcast animated graphics. It is used, among others, by the National Basketball Association and the television channel CurrentTV.
QUÉBEC sUCCEss sTORIEs
A CUTTINg-EDgE FINANCIAL sECTOR
Québec and Canada have an efficient and transparent financial secto , the result of solid regulatory and market supervision infrastructure.
The financial sector plays a key role in wealth creation. It alone accounts for 6% of all economic activity in Québec.
One hundred and twelve international financial centres specializing in international financial transactions are located in Montréal, employing highly specialized professionals.
Sales volumes of derivatives on the Montréal Exchange are experiencing exceptional growth. The Exchange is now a hub in Canada for financial risk management and a significant partner in specialized markets in North America.
In 2004, the Montréal Exchange opened the Boston Options Exchange on the North American market. In so doing, it became the first foreign exchange to ensure the technical operation of an American exchange.
ADAPTED PROFEssIONAL sERvICEs
Commercial and professional services are a vital partner for local and foreign investors and entrepreneurs.
These industries employ almost 614 000 people, producing 29% of Québec’s GDP.
Québec has a critical mass of business process solutions companies, in particular Samson Bélair/Deloitte & Touche, Mercer, Nordia, and CGI,
which makes it a world leader in this sector.
Québec consulting engineering is reknown the world over thanks to the achievements of leaders such as SNC-Lavalin, Dessau-Soprin, Tecsult
and many other players on international markets.
ECONOMIC AND FINANCIAL PROFILE OF QUÉBEC