Quote:
Originally Posted by hipster duck
An independent Quebec won't fall to Poland levels of prosperity, let alone Venezuela. It's an advanced economy with well-run institutions and low corruption. It will always be a fairly prosperous place.
On the other hand, I don't see an independent Quebec being more prosperous than the ROC.
It's not just that most of the stuff that Canada can sell to the world lies somewhere else, it's that the way Quebec's economy is distributed is somewhat concerning.
Almost all growth and economic diversification seems to take place in and around Greater Montreal. Ontario isn't exactly the United States, but its smaller cities - Ottawa, Kitchener-Waterloo, London, even Windsor - all have more value-added export jobs and economic diversity than their Quebec equivalents. Even Quebec City is really just a government town.
In an independent Quebec, I see the anymosity between Montreal and the hinterlands actually growing. Speaking about England, I can see a London vs. everyone else dynamic taking root in Quebec more than in the ROC vis-a-vis Toronto.
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Greater Montreal represents about 52-54% of the provincial GDP.
The government classifies the administrative regions into 3 categories.
1- Urban regions
-Island of Montreal, Laval, Capitale-Nationale, Outaouais
They make up 42.2% of the population, but their participation in the Quebec economy is 52.4%.
2- Manufacturing regions
-Saguenay–Lac-Saint-Jean, Mauricie, Estrie, Chaudière-Appalaches, Lanaudière, Laurentides, Montérégie, Centre-du-Québec
With 51.1% of the Quebec population and 40.0% of the GDP, these regions sometimes constitute an essential labor pool for urban regions given their proximity. The manufacturing sector generally occupies an important place in these regions.
3- Resource regions
-Bas-Saint-Laurent, Abitibi-Témiscamingue, Côte-Nord, Nord-du-Québec, Gaspésie–Îles-de-la-Madeleine
They represent 6.7% of the population and generate 7.6% of Quebec's gross domestic product (GDP). However, they represent 80.2% of Quebec territory.
Ontario and Quebec are the 2 most important manufacturing (Hub) provinces in Canada. Quebec City has over $16.5B in manufacturing sales.
Quebec in 2021 (Manufacturing sector)
-Sales : $183B , 26% of all sales in Canada
-Employment : 431,000 , 28.5% of all manufacturing jobs in Canada
-Establishments : 13,573 , 27% of Canadian total
https://www.stiq.com/wp-content/uploads/2022/08/STIQ-Barometre-2021-Brochure-anglais-FINAL.pdf
We also have the new battery industry that will develop in Bécancour in the Centre-du-Quebec region.
-Great location, 100 million customers within radius of 1,000km
-World-class deep-water port,
-One the largest industrial Park in Canada, 7,000 hectares
-Access to major road , rail and air networks. (the doubling of A-55 is part of the plan)
https://www.fbbecancour.com/en
Quebec's economy is very diversified, it's normal that its metropolis (Montreal) serves as a catalyst for all the other regions of the province. We are heading towards 10 million people within 10 years, with probably more than 9 million in Southern Quebec alone. Transportation, logistic and productivity will get better with time.