Cape Breton Island offers companies one of the lowest business-cost locations within the G8 countries.
Whether you are a manufacturer of products selling into US or European markets, Cape Breton is one of the best locations in North America from a business-cost perspective. This cost advantage was confirmed by the KPMG Competitive Alternatives 2014 – Special Report which looked at the costs for 17 different industries across over 100 jurisdictions in North America, Europe, Asia and Australia.
According to the report, Canada is the cost-leader with business-costs five percent below the US. Sydney, Cape Breton was found to be one of most cost-competitive regions of Canada when compared to other major centres. The table below displays Sydney’s index ranking compared to Canada’s major centres.