Doing business in Qubec

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Doing business in Québec
Merrillville May 27th, 2005
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Québec

• Population 7.5 million
• (23,6 of Canadas population and second among
  Canadian Provinces).
• GDP US 184 billion in 2003
• (21 of Canadas total GDP and among OECDs top
  20 industrialized nations).
• Québec per capita GDP ranks tenth among OECD
  countries
• (ahead of France, Japan, Germany and the United
  Kingdom).

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USA is the main foreign investor in Québec
Africa 1
Asia 14
Oceania 1
USA 65
Europe 19
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USA is the main Québec export market

• 85 of Québec exports are shipped to the USA.
• Québec is the seventh-largest exporter to the
  U.S. market (ahead France).
• Québec is the fourth-largest export market for
  the United States
• (ahead of the United Kingdom, Germany).Source
  Statistics Canada, 2003

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Indiana Québec (Trade balance 2003)

• Total Trade 1,6 billion USD
• Exports 1,1 billion USD
• 2,1 of total to USA
• Imports 0.5 billion USD
• 1.2 of total from USA.
• Surplus 0.5 billion USD

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Top 10 product groups exported to Indiana in
2004.

• TURBO-JETS, TURBO-PROPELLERS AND OTHER GAS
  TURBINES 23,21
  
• MOTOR VEHICLES FOR PASSENGER TRANSPORT (OTHER
  THAN BUSES/PUBLIC TRANSPORT)
  
  
  21,43
• MOTOR VEHICLE PARTS (EXCL. BODY, CHASSIS AND
  ENGINES) 14,48
• TRUCKS AND OTHER VEHICLES FOR THE TRANSPORT OF
  GOODS 13,52
• RECORDED MEDIA FOR SOUND, SOFTWARE, VIDEO OR
  OTHER SIMILARLY RECORDED PHENOMENA (EXCL CINEMA)
  
  3,80
• THERMOSTATS AND OTHER AUTOMATIC REGULATING OR
  CONTROLLING INSTRUMENTS AND APPARATUS
  
  1,42
• COMPUTERS AND COMPUTER PERIPHERALS
  
  1,40
• DIESEL OR SEMI-DIESEL ENGINES
  
  1,26
• FLAT ROLLED PRODUCTS OF STAINLESS STEEL - WIDTH
  600MM 1,22

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Top 10 product groups imported from Indiana in
2004.

• OIL AND GAS EXTRACTION. 12.94
• AUTOMOBILE AND LIGHT-DUTY MOTOR VEHICLE
  MANUFACTURING 11
• SEMICONDUCTOR AND OTHER ELECTRONIC COMPONENT
  MANUFACTURING 4.83
• AEROSPACE PRODUCT AND PARTS MANUFACTURING
  4.81
• COMPUTER AND PERIPHERAL EQUIPMENT
  
  3.58
• PHARMACEUTICAL AND MEDICINE MANUFACTURING
  3.49
• PETROLEUM REFINERIES
  
  2.70
  
• AUDIO AND VIDEO EQUIPMENT MANUFACTURING
  
  2.17
• NAVIGATIONAL, MEASURING, MEDICAL AND CONTROL
  INSTRUMENTS MANUFACTURING
  
  2.09
• OTHER BASIC ORGANIC CHEMICAL MANUFACTURING
  1.74

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Indianas based companies in Québec
Jobs in 2004
Products
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Machinery Sales
Hillenbrands Industries
VT Industries Inc
200
Laminates
Best Acces Systems
15
Production distribution of security devices
Cummins Inc
60
Electrical equipment
Eaglebrook International Group
35
Chemical production
Eli Lilly Co
80
Drugs distribution
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Aerospace

• More than 260 companies and 37,000 jobs.
• 55 of Canadian output.
• 70 of Canadian RD.
• Montreal is the worlds second-largest aerospace
  centre, behind Seattle and ahead of Toulouse.

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Aerospace Main Players.
Established in
Jobs in 2004
Products
1947
2 800 Simulation equipment training

50 Pumps Fuel lines
1949
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Aerospace Main Players
Established in
Jobs in 2004
Products
1981
560 Turbine Blades
1982
125 Integrated Data Systems
1986
1 400 Helicopters
1986
800 Military Aviation Business Unit
50 Air Defense Systems
1986
1991
200 Landing Gear
218 Surface Coatings
1992
110 Avionics
1996
70 Turbine 20 RD Centers
2001
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Health Sciences Industry

• More than 450 companies employing 25,000 people.
• Québec accounts for 50 of shipments and 50 of
  investments in Canadas biopharmaceutical
  industry.
• Québec ranks third in North America (after
  California and Massachusetts) in the number of
  biotechnology firms. (Ernst Young, 2004)

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Health Science IndustryKeeping good company in
Québec
International Companies
Local Successes
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Information Technology

• More than 140,000 people working for more than
  5,000 companies.
• 45 of Canadian output
• RD investment of 565 million USD per year.
• Exports more than 5.5 billion USD per year.

CGI IBM Bell Canada Ericsson Microcell SR
Telecom DMR
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Information Technology

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Information Technology

• Québec leads Canadas video game industry with
  some 40 companies, including game designers and
  creators of 2D and 3D animation software.
• 5 major developers in Québec
• Electronic Arts, Activision, Ubisoft, Microïds
  and A2M.

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Natural Resources

• Hydro-Québec is a world leader in renewable
  energy with a capacity of 40,000 MW.
• 70 of the newsprint used in the northeast United
  States is produced in Québec.
• Québec has a rich and diversified mining
  industry.
• Québec is the worlds second-largest producer of
  magnesium and the fourth-largest producer of
  aluminum.

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Investissement Québec A Key Partner

• A Government Fund to match private investment
• 0,9 billion USD ( Loans, loans guaranties)
• Total matching investments of 5 billion USD
  7700 jobs.
• A service to Foreign Investors
• Opportunities
• Networking
• Information
• Interface with governments

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Québec Foreign Investment by Industry
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A competitive environment

• Low operating costs.
• Highly skilled workforce.
• Attractive RD incentives.
• Favorable corporate tax system.
• Financial fiscal programs.

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Please Contact

• Michel M. Cloutier
• Business Development Director
• Phone [phone] michel.cloutier_at_investquebe
  c.com
• www.investquebec.com