Quebec has an estimated population of 8.18 million, which makes it the second-most populous province in Canada (World Population review 2018). The province shares a border with the state of New York and is a gateway between the economies of Europe and America. Through the North American Free Trade Agreement (NAFTA), the province gives access to a market of 460 million customers.
Quebec’s unique and exuberant personality takes roots in its history and culture. Influenced by both the North American and European cultures, Quebec moves to the beat of its four seasons. Every year, seasonal festivals showcase the tremendous talent of Quebec’s culturally diverse artistic community, translating the joie de vivre of this distinctive province
Quebec’s strong, diversified economy ranks among the 50 largest in the world. The foundations of its economic vitality are abundant natural resources, low-production-cost, hydroelectric power, a highly educated skilled workforce and dynamic R&D.
Québec City is now part of a new Foreign Trade Zone point, the first in Québec, the ninth in Canada. This new hub for international trade will attract new investments and help businesses access foreign markets.
Montreal is the leading financial and economical city of the province of Quebec, only 90-minute flight from Boston and New York City and less than a one-hour drive to the U.S. border.
Highlights
- 1st university urban center in Canada,
- 1st major metropolitan area in North America for most competitive operating costs,
- 2nd lowest tax burden among major North American metropolitan area,
- A multicultural metropolis where 50% of the population is bilingual (French and English),
- 7th in North America for high-tech jobs concentration,
- One of the world’s top 10 HIP cities.
- A Canadian hub for financial risk management and a significant partner in specialized markets in North America through the Montreal Stock Exchange
Québec in brief
- Population (2016): 8 326 089 inhabitants
- Population density (2016): 6.4 inhabitants/km2
- Total area: 1 667 712 km2 (78% land and 22% water)
- Administrative regions: 17
- Capital: Québec
- Largest city: Montréal
- Political system: Parliamentary democracy
- Nature of the State: Member of the Canadian Confederation
- Currency: Canadian dollar
- Gross Domestic Product (Real GDP) (2016): 1,4
- Per capita Disposable Income (2016): 2,7% (27,723$)
- Unemployment rate (2016): 7,1%
- Average duration of unemployment (2016):
21,3 weeks - Exports (2017): 5,9% (85,109,8M$)
70,8% to USA 3,4% to China - Import (2017): 5,6% (91,576,2M$)
34,6% to USA 12,6% to China - Tourist expenses (2016):
32,6M of tourists have spent 8,8G$