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MAANNUUFFAACCTTUURRIINNG
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A proposition to

Edgar Portalanza Vicua

PORTALANZA ING.

August 2004
www.investquebec.com
QUBEC, AN OPPORTUNITY FOR PORTALANZA ING.

We firmly believe that Qubec is the best solution for Portalanza Ing. because of its strategic loca-
tion in North America, and its profitable and high-quality business environment.

Qubec can help Portalanza Ing. to boost its profitability by favoring the growth of its sales in foreign
markets and by reducing costs and investment requirements. Therefore, we are respectfully submit-
ting this document to draw your attention to some of the numerous competitive advantages of doing
business in Qubec.

When it comes to fuelling your growth, you want to make wise decisions. And the first one is
choosing Invest Quebec to help you achieve your business objectives. Combining the advantages
of a financial institution and an economic development agency, we have what it takes to meet the
demands of todays growth-minded companies.

Our team of experts can help you:

> Acquire sound industry intelligence.
> Forge productive strategic alliances with local and international partners.
> Find the ideal site that suits your exact needs.
> Benefit from competitive fiscal incentives.
> Secure the right financial solutions, including.
{ loans
{ loan guarantees
{ working capital.

TO LEARN MORE, VISIT (www.investquebec.com)

A presentation to PORTALANZA ING.

August 2004
 TABLE OF CONTENTS

A PRO-BUSINESS ENVIRONMENT ..................................................................................................1

A STRATEGIC LOCATION - ACCESS TO NORTH AMERICAN MARKETS ....................................................1
AN OPEN ECONOMY ..........................................................................................................................1

COMPETITIVE COST STRUCTURE ..................................................................................................2

QUBEC, WHERE THE COSTS ARE LOWER ..........................................................................................2
LABOR COSTS ...................................................................................................................................3
ENERGY COST ...................................................................................................................................4
OFFICE AND INDUSTRIAL SPACE RENTAL COSTS.................................................................................5

CORPORATE TAXATION...................................................................................................................6
TAX MEASURES FOR THE RESOURCE REGIONS ..................................................................................6
COMMODITY TAXES ...........................................................................................................................7

GOVERNMENT FINANCIAL SUPPORT MEASURES .......................................................................8

FUND FOR LARGE-SCALE ECONOMIC PROJECTS.................................................................................8
ASSISTANCE PROGRAM FOR INVESTMENT PROJECT START-UP (APIPS) .............................................8
PASI.................................................................................................................................................9

INVESTISSEMENT QUBEC ...........................................................................................................10

A presentation to PORTALANZA ING.

August 2004
 Comentario [I1]: 03-05-09-
rvision CH
Comentario [IQ2]: 02-10-31 :
Changement page 1, dernier
A PRO-BUSINESS ENVIRONMENT paragraphe (chiffres du GDP).
Comentario [IQ3]: 02-03-25 :
Changement Tableau 1998 p.
10)
Comentario [IQ4]: 02-01-28 :
A STRATEGIC LOCATION - ACCESS TO NORTH AMERICAN MARKETS Changements aux pages 1, 2 et
7demands par Domenico
Qubec is strategically located in the North East of the continent. Within Baldino.

overnight trucking distance of over 100 million of affluent consumers. The Comentario [IQ5]: 02-01-08 :
Changement la page 1 pour le
Northeast region includes New York, Boston, Philadelphia, Washington D.C. PIB.
and numerous other large urban markets.
Comentario [LL6]: 01-10-
11 :Mise jour des pages 1, 4 et 6
selon Domenico Baldino.
Comentario [LL7]: 01-08-7-
18 : Mise jour complte pour
convertir le style en Nouvelle
Vague.

AN OPEN ECONOMY

A domestic With the North American Free Trade Agreement (NAFTA), Qubec has
market of more access to a vast domestic market of more than 410 million consumers
than 410 million representing a GDP (2003) of over US$11.4 trillion.
consumers Close to 85% of Qubecs international exports are shipped to the United
States.

A presentation to PORTALANZA ING.

1
August 2004
 COMPETITIVE COST STRUCTURE

QUBEC, WHERE THE COSTS ARE LOWER

In 2004, the total annual costs are lower in Qubec than in most industrialized
countries.

COMPARISON OF TOTAL ANNUAL COSTS

Qubec and industrialised countries
Twelve-industry average
Index US = 100

Qubec 88.9

Ontario 92.1

Canada 91.0

Australia 91.5

United Kingdom 97.6

Italy 98.7

Luxembourg 99.1

France 99.1

United States 100.0

Iceland 103.3

Netherlands 104.0

Germany 113.9

Japan 123.8

Note: The model takes into consideration labor, electricity, transportation and telecommunication costs, interest, depreciation
and taxes.
Source: KPMG 2004, The CEOs Guide to International Business Costs, G7 Edition.

A presentation to PORTALANZA ING.

2
August 2004
Competitive Cost Structure

LABOR COSTS

According to KPMG (2004), labor costs in Qubec are, on average, 21% lower
than in the United States. This is due to lower salaries offered in Qubec.

Employers obligations

A fair working PAYROLL TAXES AND OTHER EMPLOYER OBLIGATIONS (CAN$) - 2004
environment
Statutory holidays 8 days
Annual vacation 2 weeks after 1 year
3 weeks after 5 years
Vacation pay 4% of annual earnings (represents 2 weeks after 1 year)
6% after 5 years (represents 3 weeks after 5 years)
Employment insurance 2.94% of salary (maximum insurable $39,000)

Qubec pension plan 4.95% of salary less $3,500

(maximum eligible salary $40,500)
1
Health services fund 4.26% of the total payroll
2
Manpower training 1% of total payroll less eligible training expenses
Labor standards 3 0.08% of total payroll (maximum insurable $55,000)
4
Occupational health and safety The average rate is 2.15% of salary (maximum insurable
is $55,000)
Minimum wage $7.45/hour. (Workers who receive tips: $6.70/hour)

Overtime Hourly rate x 1.5, after 40-hour week

1
For businesses with payrolls of $1 million or less, the rate is 2.7%. For
businesses with payrolls of more than $1 million and less than $5 million, the
rate varies between 2.7% and 4.26%. For businesses with payrolls exceeding $5
million, the rate is 4.26%.
2
Businesses with payrolls under $1 million are exempted.
3
The contribution payable to the ministre du Revenu is used to finance the
Commission des normes du travail (labour standards commission), which has a
mandate to establish uniform labor standards across Qubec.
4
Employer contributions are used to compensate victims of industrial accidents
and occupational diseases, to finance the activities of the Commission de la
sant et scurit du travail which manages the mandatory public insurance plan
and to promote the health, safety and physical well-being of workers. The rate of
assessment varies depending on the sector of activity.
Source: PricewaterhouseCoopers and Investissement Qubec.

A presentation to PORTALANZA ING.

3
August 2004
Competitive Cost Structure

ENERGY COST

In Qubec, all forms of energy are plentiful, reliable and available at

competitive price.

Electricity
Hydro-Qubecs rates are not subject to the variability of oil and gas prices. Eliminado: <sp>
Hence, Qubec electricity rates are among the most competitive and stable in
North America. Currently, Hydro-Qubec has more than 10.4 TWh of power
available for industrial projects. Qubec electricity is a great value.

Electricity rates INTERNATIONAL COMPARISON OF THE COST OF ELECTRICITY, 2004

are among the Twelve-industrie average
lowest in the Index: US = 100
world
Qubec 68.2

Ontario 82.9

Canada 77.7

Iceland 81.3

France 89.1

Australia 89.3

United Kingdom 91.7

Luxembourg 93.3

Unites States 100.0

Germany 127.0

Italy 132.0

Japan 173.5

Netherlands 194.4

Source: KPMG 2004, The CEO's Guide to International Business Costs, G7 Edition.

A presentation to PORTALANZA ING.

4
August 2004
Competitive Cost Structure

Electricity rates COMPARISON OF THE PRICE OF ELECTRICITY IN NORTH AMERICA

are among the Small Power Customer
lowest in North Average price as of May 1, 2003 (/KWH, IN US$ excluding all taxes)
America Power 6 kW 14 kW 40 kW 100 kW 100 kW
Consumption 750 kWh 2,000 kWh 10,000 kWh 14,000 kWh 25,000 kWh
Load factor 17% 20% 35% 19% 35%
Montral, QC 6,50 5,79 5,46 7,38 6,17
Toronto, ON 8,13 6,99 6,44 10,78 8,51
Boston, MA 15,69 16,01 14,47 19,99 14,47

Source: Hydro-Qubec Comparison of Electricity Prices in Major North American Cities. May 2003.
Exchange rate: CAN$1.00 = US$0.73.

Natural Gas
The quality and reliability of Qubecs natural gas transportation and
A competitive
distribution system have made this energy source readily available and
and reliable
attractive. Hence, natural gas is available in most regions of Qubec, at
source of
competitive rates, which can be negotiated with Gaz Mtropolitain, the largest
energy
supplier of natural gas in Qubec.

Some brokers also offer long-term (20 years) contracts at lower rates.

AVERAGE PRICE OF NATURAL GAS SOLD TO INDUSTRIAL CONSUMERS, 2003

US Dollar per US Dollar per CAN Dollar per CAN Dollar per
Thousand Cubic Feet Cubic Meter Thousand Cubic Feet Cubic Meter
Qubec 3,17* 0,11 4,44 0,16
Massachusetts 7,01* 0,25 11,01 0,39

* 2002 averages.
Exchange rate : 2003: US$1.00 = CAN$1.4015; 2002: US$1.00 = CAN$1.5704
Sources: Institut de la Statistique du Qubec, Lcostat, March 2004, and US Energy Information
Administration, Natural Gas Monthly February 2004.

OFFICE AND INDUSTRIAL SPACE RENTAL COSTS

RENTAL COSTS FOR OFFICE AND INDUSTRIAL SPACE - 2004

(US$/sq. ft.)
Office Warehouse Manufacturing
Montral, QC 22.12 3.21 2.85
Toronto, ON 33.25 3.78 3.57
Boston, MA 38.40 5.50 4.80

Source: Colliers International. North American Industrial Real Estate Highlights and Global Office
Market Survey. April 2004.

A presentation to PORTALANZA ING.

5
August 2004
 CORPORATE TAXATION

Competitive The Qubec corporate tax system is one of the most favorable in North
corporate tax America, low income tax rates work to the advantage of manufacturing
rates businesses.
Qubecs system is also very competitive concerning job creation and capital
investment.

COMPARISON OF INCOME TAX RATES 2003

Qubec, Other Provinces and American States
Manufacturing Corporations
Effective Tax Rate (%)
1 Provincial/ City/Some Outside city
Federal TOTAL
State states of reference
Qubec 22.12 8.90 2 -- 31.02 --
Ontario 22.12 11.00 -- 33.12 --
3
Massachusetts 31.68 9.50 -- 41.18 --
New York 28.74 7.50 4 10.38 5 46.62 39.88

1
In Canada, the Federal tax rate is 13.12% for Canadian controlled private
corporations with taxable income below CAN$200,000. Reduced rates may also
apply in certain provinces for small businesses. In the United States, the general
rate of 35% varies according to the revenue of the corporation.
2
The rate of 8.9% is effective as of March 15, 2003. The former rate of 9.04%
included the contribution to the Youth Fund representing 1.6% of the income tax
payable.
3
The rate includes 14% surtax.
4
Corporations are liable for tax on the greater of four bases. The tax on income is
levied at a rate of 7.5%.
5
New York City. In addition to the city tax of 8.85%, a surtax of 17% of the state tax
(9%) is applicable for business activity in the Metropolitan Commuter
Transportation District. Please note that all corporations will not be subject to all
three taxes.

TAX MEASURES FOR THE RESOURCE REGIONS

Enterprises operating in resource regions may benefit from major tax

measures.

Tax Holiday for Manufacturing SMBs in Remote Resource Regions

A corporation that carries on a manufacturing or processing business in one
of Qubecs remote resource regions may claim, until December 31, 2010, a
75% tax holiday regarding income tax, the tax on capital and the employer
contribution to the Health Services Fund (HSF). The paid-up capital of the
corporation may not exceed $20 million, however, a partial tax holiday is
available for paid-up capital from $20 to $30 million.

A presentation to PORTALANZA ING.

6
August 2004
Corporate Taxation

Remote resource regions consist of the territory in the following administrative

regions:
{ Bas-Saint-Laurent
{ Saguenay-Lac-Saint-Jean
{ In Mauricie
{ Abitibi-Tmiscamingue
{ Cte-Nord
{ Nord-du-Qubec
{ Gaspsie-les-de-la-Madeleine.

COMMODITY TAXES

The Canadian Goods and Services Tax (GST)

The Canadian GST is similar to the value-added tax (VAT), in European Union
member countries. Under this system, a company collects the GST from its
customers, 7% of the selling price for the product or service. However, com-
panies generally receive a refund or credit for GST paid on the purchase of
goods or services used in their business activities. This credit (referred to as
an input tax credit) is available to each person in the production and distri-
bution chain except the final non-business consumer of the good or service.

The total amount of tax collected by a business on sales in a given period,

less the input tax credits for that period, is remitted to the government. If, in
any given period, the input tax credit exceeds the tax collected on sales, a
business will be entitled to a refund equal to the difference.

Qubec Sales Tax (QST)

The QST (7.5%) applies to selling prices, GST included. As with the GST,
firms can usually get a refund for QST paid on their purchases.

To simplify the administration of the consumption taxes, Qubec was the first
province to coordinate its sales tax with the federal GST. Qubec companies
need only deal with only one level of government when it comes to
consumption taxes.

A presentation to PORTALANZA ING.

7
August 2004
 GOVERNMENT FINANCIAL SUPPORT
MEASURES

FUND FOR LARGE-SCALE ECONOMIC PROJECTS

Emploi-Qubecs mission is to promote the development of a qualified, skilled

labor force and foster a balance between job supply and demand in the labor
market. To achieve this, Emploi-Qubec offers employment services and
financial assistance to businesses in order to improve their competitiveness.

Financial Emploi-Qubec, in cooperation with the various Qubec regions, may

assistance for contribute to the financing of large-scale economic projects meeting the
job creation following criteria:
projects > Create at least 50 jobs over a 24-month period.
> Belong essentially to the manufacturing sector and produce goods mainly
destined for export.
> Projects belonging to the service or commercial trading sectors drawing
from an international customer-base or a foreign company to Qubec.

The financial assistance offered by Emploi-Qubec may take several forms.

For example, it may be used to share the costs of the labor force training or
recruitment expenses. The financial assistance may vary between 25% to
50% of eligible costs.

ASSISTANCE PROGRAM FOR INVESTMENT PROJECT START-UP

(APIPS)

Financial APIPS is focused on firms in the following sectors: manufacturing, recycling,

assistance to industrial research and development, and scientific services.
conduct
feasibility The financial assistance may cover up to 50% of eligible expenses, to a
studies maximum grant of $50,000.

The following types of studies are eligible: feasibility studies, comparative

studies of potential sites, market evaluations for the reorientation or diversifi-
cation of the production activities, and feasibility studies on forming business
alliances.

A presentation to PORTALANZA ING.

8
August 2004
Government Financial Support Measures

The studies must pertain to a project to be carried out in Qubec and be led by
Canadian consultants (does not exclude subcontracting). This program is
managed by the ministre du Dveloppement conomique et rgional et
Recherche (MDEER).

PASI

A new Strategic-investment support program has been announced by the

Quebec Government on April 1st, 2004. One of the objectives of this program
will be to financially support investment projects that could not otherwise be
carried out. Details should be available shortly.

A presentation to PORTALANZA ING.

9
August 2004
 INVESTISSEMENT QUBEC
(www.invest-quebec.com)

SERVING INVESTORS WORLDWIDE

Your one-stop Investissement Qubec will provide your company with all the advantages of
reference locating in Qubec and create a made-to-measure package that meets all
center to your specific needs: financial assistance, workforce training, energy and utility-
explore related issues and more. It will even help you find a local partner, if need be.
Qubecs
many features

INVESTISSEMENT QUBEC: ONE OF SITE SELECTIONS TOP TEN DEVELOPMENT

GROUPS OF 1998, 2000 & 2002.

For additional information, please contact:

Jacques Glinas
Project Manager
Investissement Qubec
393 Saint-Jacques Street, Suite 500
Montral (Qubec) H2Y 1N9

Tel.: (514) 873-0439/1-800-461-2433

Fax: (514) 873-4503)
(jacques.gelinas@invest-quebec.com)

This document was prepared by:

Jose Voizard
Business Development Support
Investissement Qubec

A presentation to PORTALANZA ING.

10
August 2004
UNA OPCIN ESTRATGICA PARA LA
FABRICACIN

QUBEC, UNA OPORTUNIDAD PARA PORTALANZA ING.

Creemos firmemente que Qubec es la mejor solucin para Portalanza Ing.

debido a su localizacin estratgica en Norteamrica, y su ambiente de
negocio provechoso y de alta calidad. Qubec puede ayudar a Portalanza
Ing. para alzar su lo beneficioso favoreciendo el crecimiento de sus ventas en
mercados extranjeros y reduciendo costes y requisitos de la inversin. Por lo
tanto, estamos sometiendo respetuosamente este documento para dibujar su
atencin a algunas de las ventajas competitivas numerosas de hacer negocio
en Qubec. Cuando viene a aprovisionar de combustible su crecimiento,
usted desea tomar decisiones sabias. Y primer est eligiendo invierte
Quebec para ayudarle a alcanzar sus objetivos de negocio. Combinando las
ventajas de una institucin financiera y de una agencia del desarrollo
econmico, tenemos lo que toma para resolver las demandas de compaas
crecimiento-importadas los today?s.
Nuestro equipo de expertos puede ayudarle:
adquiera la inteligencia sana de la industria.
alianzas estratgicas productivas de la fragua con los socios locales e
internacionales.
hallazgo el sitio ideal que satisface sus necesidades exactas. > ventaja de
incentivos fiscales competitivos. >
asegure las soluciones financieras derechas, incluyendo. ?
prstamos?
garantas de prstamo?
fondo de operaciones.

A presentation to PORTALANZA ING.

11
August 2004
 El AMBIENTE 1 Del Favorable-negocio del CONTENIDO A

UNA LOCALIZACIN ESTRATGICA

TENGA ACCESO A LOS MERCADOS DE NORTEAMERICANO A 1
UNA ESTRUCTURA COMPETITIVA 2
QUBEC DEL COSTE DE LA ECONOMA ABIERTA 1,
DONDE ESTN LOS COSTES MS BAJO 2
DE TRABAJO CUESTAN 3
LA OFICINA del COSTE ENERGTICO 4
Y EL ALQUILER INDUSTRIAL DEL ESPACIO CUESTA A 5
IMPUESTOS CORPORATIVOS 6
MEDIDAS del IMPUESTO PARA EL FONDO DE LAS MEDIDAS 8
DE LA AYUDA FINANCIERA del GOBIERNO DE LOS IMPUESTOS 7
DE LA MATERIA de las REGIONES 6
DEL RECURSO PARA EL PROGRAMA ECONMICO
En grande de la AYUDA de los PROYECTOS 8 PARA El Start-up del
PROYECTO de INVERSIN (APIPS) 8
PASI 9 INVESTISSEMENT QUBEC 10

UN AMBIENTE FAVORABLE DE NEGOCIOS

Una LOCALIZACIN ESTRATGICA - el ACCESO A LOS MERCADOS

Qubec de NORTEAMERICANO se establece estratgico en el norte al este
del continente. Dentro de distancia de noche el acarrear de sobre 100
millones de consumidores afluentes. La regin nordestal incluye la C.C. de
York nueva, de Boston, de Philadelphia, de Washington y numeroso otros
mercados urbanos grandes.

UNA ECONOMA ABIERTA

con el acuerdo de libre cambio norteamericano (NAFTA), Qubec tiene

acceso a un mercado interior extenso de ms de 410 millones de
consumidores que representan un GDP (2003) de USS11.4

LA ESTRUCTURA COMPETITIVA QUBEC DEL COSTE

DONDE ESTN MS BAJOS LOS COSTES

En 2004, los costes anuales totales es ms baja en Qubec que en la
mayora de los pases industrializados.

A presentation to PORTALANZA ING.

12
August 2004
 LOS COSTOS DE TRABAJO segn KPMG (2004)
,
Los costes de trabajo en Qubec son, en el promedio, los 21% ms bajos que
en los Estados Unidos. Esto es debido a sueldos ms bajos ofrecidos en
Qubec.

Obligaciones de los patrones

IMPUESTOS DE NMINA DE PAGO Y OTRAS OBLIGACIONES DEL

PATRN (CAN$) 2004

Das de fiesta estatutarios 8 das

Vacaciones anuales 2 semanas despus de 1 ao

3 semanas despus de 5 aos

Paga el 4% de las vacaciones de ganancias anuales

(representa 2 semanas despus de 1 ao) el 6% despus de 5 aos
(representa 3 semanas despus de 5 aos)

Seguro 2,94% del sueldo del empleo ($39.000 asegurables mximos)

Plan de jubilacin de Qubec 4,95% del sueldo menos $3.500

(sueldo elegible mximo $40.500)

Los servicios mdicos financian 4,26% de la nmina de pago total 1

Mano de obra que entrena al 1% de los costos menos elegibles totales 2 del
entrenamiento de la nmina de pago

Estndares de trabajo 3 0,08% de la nmina de pago total ($55.000

asegurables mximos)

La medicina del trabajo y la seguridad 4 la tarifa media es 2,15% del sueldo

(asegurable mximo es $55.000)

Salario mnimo $7.45/hour. (trabajadores que reciben extremidades:

$6.70/hour)

Precio en horas extras por hora x 1,5, despus de la semana 40-hour

1 Para los negocios con las nminas de pago de $1 millones o menos, la

tarifa es 2,7%. Para los negocios con las nminas de pago de ms de $1
millones y menos de $5 millones, la tarifa vara entre 2,7% y 4,26%. Para los
negocios con las nminas de pago que exceden de $5 millones, la tarifa es
4,26%.

A presentation to PORTALANZA ING.

13
August 2004
 2 Negocios con las nminas de pago debajo de $1 millones se eximen.

3 La contribucin pagadera al ministre du Revenu se utiliza para financiar la

Comisin des normes du travail (comisin de los estndares de trabajo), que
tiene un mandato para establecer estndares de trabajo uniformes a travs
de Qubec.

4 Contribuciones del patrn se utilizan para compensar a vctimas de los

accidentes de trabajo y de las enfermedades profesionales, para financiar las
actividades de la Comisin de la sant et scurit du travail que maneje el
rgimen de seguros pblico obligatorio y para promover la salud, la seguridad
y el bienestar fsico de trabajadores. El ndice del gravamen vara
dependiendo del sector de actividad. Fuente: PricewaterhouseCoopers e
Investissement Qubec.

El COSTE ENERGTICO

En Qubec, todas las formas de energa est abundante, confiable y

disponible en el precio competitivo. Las tarifas Hidra'ulicas-Qubec?s de la
electricidad no estn conforme a la

Electricity rates COMPARISON OF THE PRICE OF ELECTRICITY IN NORTH AMERICA

are among the Small Power Customer
lowest in North Average price as of May 1, 2003 (/KWH, IN US$ excluding all taxes)
America Power 6 kW 14 kW 40 kW 100 kW 100 kW
Consumption 750 kWh 2,000 kWh 10,000 kWh 14,000 kWh 25,000 kWh
Load factor 17% 20% 35% 19% 35%
Montral, QC 6,50 5,79 5,46 7,38 6,17
Toronto, ON 8,13 6,99 6,44 10,78 8,51
Boston, MA 15,69 16,01 14,47 19,99 14,47

Source: Hydro-Qubec Comparison of Electricity Prices in Major North American Cities. May 2003.
Exchange rate: CAN$1.00 = US$0.73.

Natural Gas

El gas natural la calidad y la confiabilidad del sistema del transporte y de la distribucin del gas
natural de Qubec?s ha hecho esta fuente de energa fcilmente disponible y atractiva. Por lo
tanto, el

A presentation to PORTALANZA ING.

14
August 2004
Elegir Investissement Qubec y ampliar su proyeccin en Amrica del Norte

una sociedad del Gobierno de Quebec que

provee financiacin a las empresas, es el socio
ideal para acompaarlo en su proyecto de
expansin. Hallar en Investissement Qubec Mano de obra estable y competente. Montreal, por
el apoyo estratgico y la financiacin que ejemplo, tiene el mayor nmero de ingenieros de
necesita para alcanzar sus objetivos de las grandes ciudades canadienses y rene a ms del
negocios. 60 por ciento de las empresas de ingeniera y
consultora. La metrpoli quebequense se destaca
en varios sectores de alta tecnologa, industria
Ubicado al noreste de Amrica, Quebec ocupa una posicin
aeroespacial, ciencias biolgicas y tecnologas de
estratgica, cerca de las grandes metrpolis norteamericanas y de las
la informacin, gracias a su mano de obra bien
principales zonas industriales. Las empresas internacionales que se
capacitada y polivalente.
instalan en Quebec gozan de las ventajas derivadas de numerosos
acuerdos de libre comercio, entre ellos el Tratado de Libre Comercio
Varias decenas de establecimientos pblicos y
de Amrica del Norte (TLCAN), que les da acceso a un mercado de
privados, que se dedican a la investigacin
110 millones de consumidores.
cientfica y tecnolgica. Las medidas fiscales
Quebec posee una red de infraestructuras eficaces que permiten estar ofrecidas por los Gobiernos de Quebec y de
en contacto con los mercados norteamericanos e internacionales. Canad permiten a las empresas reducir a la mitad
Montreal, su metrpoli, est a unas pocas horas de vuelo de las los costos de sus trabajos de Investigacin y
grandes ciudades estadounidenses (a 1 hora 12 minutos de Nueva Desarrollo.
York, 3 horas 25 minutos de Miami y a 5 horas 45 minutos de Los
Angeles). Adems, una excelente red ferroviaria conecta todas las Costos de operacin que figuran entre los ms
regiones canadienses y estadounidenses. Varios puertos quebequenses bajos de Amrica del Norte, inferiores en un 11 por
estn abiertos todo el ao y reciben a transportadores martimos ciento, en promedio, a los costos de Estados
procedentes de un centenar de pases. Cabe sealar tambin que en Unidos, incluidos los costos de mano de obra,
Montreal est el puerto de contenedores ms importante de Canad. electricidad, transporte y telecomunicaciones.

La red telefnica quebequense, de la ms alta tecnologa, es accesible a Tasa de cambio ventajosa con respecto a la divisa
todos. La fibra ptica est presente en todos los enlaces interurbanos estadounidense para todas las empresas que
en las zonas ms pobladas e incluso en algunas zonas con menor exportan hacia Estados Unidos. Esta tendencia
densidad de poblacin. La telefona celular es tambin abordable y se perdura desde hace veinte aos.
utiliza cada vez ms.
Energa hidroelctrica y gas natural a precios
A continuacin, algunas de las empresas latinoamericanas que han competitivos.
elegido instalarse en Quebec:
Alta densidad industrial, especialmente en los
Empresas Filiales quebequenses sectores de la industria aeroespacial, las ciencias
Cosa Exteriores Towertax biolgicas y las tecnologas de la informacin. Esa
Dermatus Dermatus densidad atrae a numerosos fabricantes,
Portalanza Ingenieres Portalanza Metal proveedores y contratistas, y favorece la
Sural Intral transferencia de saberes y la creacin de redes.

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Elegir Investissement Qubec y ampliar su proyeccin en Amrica del Norte
documentarse adecuadamente sobre el
sector de actividad de su inters;
encontrar un lugar para instalarse que
responda adecuadamente a sus
necesidades;
beneficiarse de incentivos fiscales
ventajosos;
encontrar soluciones financieras muy
convenientes, ya sea en materia de
prstamos, garantas de reembolso o
fondos de inversin.
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Una ventaja nica en Amrica del Norte: la
diversidad cultural. En efecto, el 40 por ciento de
los quebequenses se expresan en francs y en
ingls. Se hablan ochenta lenguas en Quebec, lo
que permite a las empresas ofrecer un servicio
excepcional al cliente internacional.
Calidad de vida excepcional. Las ciudades de
Quebec, modernas y seguras, ofrecen mltiples
actividades: espectculos, festivales, actividades
deportivas. Los sistemas de educacin y de salud
tambin son accesibles para todos.