Québec, May 27, 2014 – According to 2014 intentions, investments will increase in 12 of the 17 administrative regions of Québec. Growth will be particularly strong in the Lanaudière region (+ 9.6%), followed by Laval and Centre-du-Québec. The steepest declines are expected in Chaudière-Appalaches (- 9.9%) and Gaspésie–Îles-de-la-Madeleine. These regional investment results are drawn from the Investissements privés et publics bulletin, released today by the Institut de la statistique du Québec.
Residential construction, which should drive growth in many regions, will increase by more than 10% in five regions, while non-residential construction will decline in most administrative regions. M achinery and equipment expenditures will experience growth in 13 regions, particularly in Gaspésie–Îles-de-la-Madeleine (+ 12.8%) and the Bas-Saint-Laurent (+ 10.2%).
Mining investment resumes in the Nord-du-Québec
After a sharp drop in 2013, mining investment in the Nord-du-Québec region will rise 10.0% in 2014. The Côte-Nord region should also record an increase, while the Abitibi-Témiscamingue region is expected to post a second consecutive annual decline.
Growth in professional services in Montréal
The anticipated 27.7% province-wide growth in the industries of professional, scientific and technical services will mainly impact the Montréal region with a 76.2% increase. Finally, trade sectors should drop significantly in the Laurentides and Laval regions.
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