IPG Set to Spread the Word on P.G's Advantages
By 250 News
Tuesday, May 04, 2010 08:32 AM

KPMG's Ron Epp and IPG's Tim McEwan chat with MMK's Glen Mair prior to breakfast session to share study results
Prince George, B.C. – Building on the recent KPMG study which pegged Prince George as the best place in the Pacific northwest to do business, Initiatives Prince George is now preparing to spread the word.
Glen Mair of MMK Consulting, the study’s primary researcher, says there are three factors which a business considers when choosing a location;
· Business environment,
· Personal costs
· Personal quality of life
When it comes to countries in which to do business, from a pure cost basis, Mexico is at the top of the list of all countries examined. Canada is second, with a 5% business advantage over the United States, “That advantage dips to about 3.5% overall advantage with the high Canadian dollar environment” says Mair.
In the Pacific Northwest, Prince George has the lowest costs among the 13 cities examined in the Pacific northwest, including Vancouver.
Elements which are in P.G.’s favour?
This city has;
· the lowest over all labour costs, (includes wages and benefits)
· non manufacturing office lease costs are the lowest in the Pacific Northwest
· It ranks eleventh on transportation costs but still ranks well over all because of other factors.
· It has the cheapest taxes
Mair says if a food processor was to set up business here, with 110 employees, the annual cost would be $550 thousand dollars a year less if compared to the same operation in Boise, Idaho.
Mair says Prince George has a distinct advantage when it comes to attracting business like call centres, research and development, I.T. software and value added light manufacturing such as specialty chemicals or electronic equipment. Mair says while there are opportunities for regional distribution through the development of logistics at the airport and the development of the port at Prince Rupert, logistics and distribution are not sectors this study examines.
Initiatives Prince George CEO and President, Tim McEwan says IPG will be aggressively distributing this report over the next few months. "The fact we have a number one ranking in the Pacific Northwest, gives us a good launching pad. We have all the attributes for success."
Mair adds the report has already received extensive coverage in all the major publications in the country.
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