The Economy

Highly industrialized and quite diversified, Quebec's economy is strong and full of promise. The province has abundant natural resources and energy, along with well-developed agriculture, manufacturing and service sectors.

Quebec's dynamic business sector has seized on the economic potential of the province and produces a wide variety of top quality products for export.

Montreal, the province's commercial capital, has developed competitive industries in space and aeronautics, pharmaceuticals, telecommunications, energy and transportation. Quebec also exports electricity - about 14.4 percent of global production. In 1999, Quebec exported 57.7 percent of its total production in relation to its gross domestic product (GDP). In that same year, about 85 percent of Quebec's international exports were to the United States.