Wednesday, September 27, 2006

Uncompetitive Quebec

Quebec, Canda (the province) is not attracting foreign investment, due to high costs. Taxes are high, pay is high. Plus labor has a tight hold of union membership, which reduces flexibility. The Globe and Mail reports.
Asked 12 years ago if the province is becoming more globally competitive, 70 per cent of the respondents answered Yes, and 30 per cent said No. Asked the same question in the 2006 survey, 33 per cent replied Yes, while 40 per cent answered No and 27 per cent stated they did not know.

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