Cost Comparison

Real Estate Investment Network (REIN)

Penticton is listed in the top 10 of BC’s Top Investment Towns and BC’s Top 10 Growth Towns for 2009 by the National Independent Real Estate Research Company, Real Estate Investment Network.

KPMG

Penticton is #1 in British Columbia in KPMG’s business cost comparison.

Competitive Alternatives is KPMG’s guide for comparing business costs in North America, Europe and Asia Pacific. It ranked Penticton as the lowest cost place to carry out manufacturing in the Pacific North American Region.

The BC cities and towns covered in the guide are: Abbotsford, Campbell River, Chilliwack, Courtenay, Duncan, Kamloops, Kelowna, Nanaimo, Penticton, Prince George, Vancouver, Vernon, and Victoria.

For full report, visit http://competitivealternatives.com.

British Columbia

KPMG’s latest global comparison of international business costs has confirmed that Canada continues to be the lowest cost jurisdiction among the established industrialized countries examined.  Other highlights include:

  • British Columbia cities are ranked as the low-cost leaders on the west coast of North America.
  • British Columbia labour costs are cited as being 82-85% of the US average
  • British Columbia cities excel as a location for R&D-focused industries, offering location costs that are 25% less than San Francisco, 14% less than Seattle, and 6% less than Toronto.

You can access the full executive summary click:   www.kpmg.ca

Comparison of Industry Overall Results

Comparison of Industry Overall Results

Comparison of Industry Overall Results (based on an average of 17 industry operations using 10-year average annual total location-sensitive costs).

Questions? Contact Penticton Economic Development

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