Québec, November 17, 2016 – According to 2016 intentions, private and public investment expenditures are rising in 12 out of 17 of Québec’s administrative regions. This increase is particularly large in Gaspésie–Îles-de-la-Madeleine (+59.2%), Bas-Saint-Laurent (+39.8%) and Nord-du-Québec (+31.9%). The most significant drops are in the Saguenay–Lac-Saint-Jean (–12.5%) and Côte-Nord (–12.5%) regions. These findings on 2016 intentions and 2015 provisional and 2014 real regional investment data were drawn from the newsletter Investissements privés et publics released today by the Institut de la statistique du Québec.
Major regional impact on investments in utilities
Investments in utilities, which comprise enterprises whose primary activity is in electricity, gas or water, significantly contributed to growth in the following regions: Mauricie (17.7%), Bas-Saint-Laurent (39.8%), Centre-du-Québec (11.2%) and Montréal (5.4%).
Public investment upswing in the Mauricie region
After dropping for seven years, intentions regarding public investment are improving in the Mauricie region, where 45.2% growth is expected in 2016. Public investments in Gaspésie–Îles-de-la-Madeleine (43.0%), Centre-du-Québec (42.7%) and Bas-Saint-Laurent (29.3%) are also experiencing strong growth in 2016.
Strong intention for investment growth in the CMA of Québec
Among census county municipalities (CMA), those of Québec, Montréal and Saguenay are expecting growth of 12.0%, 6.4% and 2.8%, respectively, in 2016. The CMAs of Gatineau (–6.2%), Trois-Rivières (–3.5%) and Sherbrooke (–1.8%) should be recording a drop in their investments in 2016.
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