Business Cost

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.

The Sydney, Cape Breton cost advantage was based on:

• A low business tax environment
• Lower wage, benefits and taxes
• Low cost of land, construction and real estate
• Competitive utility costs
• Some of the world’s most generous research and development incentives
• Competitively priced transportation costs

Business Location Cost

Note: Cost Index representing business costs percentage relative to the US baseline of 100.0. The US baseline represents the average of business costs in the four largest US cities: New York City, Los Angeles, Chicago, and Dallas-Fort Worth.