Québec, July 27, 2017. – According to 2017 intentions, private and public investment spending is expected to rise in 12 out of 17 of Québec’s administrative regions. Growth should be especially strong in the regions of Chaudière-Appalaches (+23.4%), Outaouais (+22.5%), Saguenay–Lac-Saint-Jean (+18.7%), Bas-Saint-Laurent (+14.1%), Lanaudière (+11.8%), Montréal (+11.4%), Laurentides (+10.8%), Mauricie (+8.7%), and Centre-du-Québec (+7.3%). Intentions for 2017, provisional data for 2016 and real data for 2015 on regional investment were drawn from the newsletter Investissements privés et publics released today by the Institut de la statistique du Québec.
Investment in utilities boosts growth
In 2017, investment in utilities—comprised of industries that mainly operate electricity, gas and water services—is expected to contribute greatly to the growth in the regions of Chaudière-Appalaches (+262.0%), Saguenay–Lac-Saint-Jean (+54.2%), Lanaudière (+52.1%), Outaouais (+42.1%), Laurentides (+28.9%), Bas-Saint-Laurent (+24.3%), Mauricie (+14.1%), and Montréal (+4.3%).
Positive outlook for public investment
Public investment intentions have improved since 2015. The regions of Saguenay–Lac-Saint-Jean, Capitale-Nationale, Mauricie, Montréal, Laurentides, and Centre-du-Québec registered a third annual increase in 2017, while the
Côte-Nord region declined for the fourth year in a row.
Strong growth prospects in Québec CMAs
The census metropolitan areas (CMAs) of Gatineau (+20.6%), Trois-Rivières (+18.5%), Saguenay (+9.8%), Montréal (+9.2%) and Québec (+7.7%) are expected to grow at a greater rate than the province of Québec as a whole (+4.9%) in 2017.
On the Web
Data on private, public and residential capital spending by industry as well as on repair and selected intellectual property product spending for all of Québec, administrative regions and census metropolitan areas for the 2006-2017 period are available at: stat.gouv.qc.ca/statistiques/economie/investissements/prives-publics/index_an.html
The Institut de la statistique du Québec produces, analyzes and disseminates official, objective and quality statistical information on various aspects of Québec society. It is responsible for carrying out all statistical surveys of general interest. The relevance of its work makes it a strategic ally for decision makers and all those wishing to learn more about Québec.