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ARTICLE · 15 JANUARY 2015

2015 Trends | France-Quebec

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The marked tendency over the last few years of French companies coming to set up operations in Quebec will no doubt continue to accelerate for the following reasons.

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The marked tendency over the last few years of French companies coming to set up operations in Quebec will no doubt continue to accelerate for the following reasons:

  • the dismal outlook in France continues to prevail with no improvement expected to come from the presidential elections in 2017 (which elections could even create further social tension);
  • the strategy of French companies to initially invest in Quebec (thereby becoming comfortable with North American business practices) and to subsequently expand into the American market is once again attractive as the United states starts showing signs of economic recovery;
  • the weakness of the Canadian dollar offers an attractive exchange rate for French purchasers; and

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