Town of Rivière-du-Loup

Economic profile

Economic profile

Did you know that Rivière-du-Loup is one of Canada’s entrepreneurial leaders? We’re not making this up! The Canadian Federation of Independent Business gave us top rank in its annual classification. Wouldn’t you rather do business with the leader?

  • Economic profile

    With a population approaching 20,000, Rivière-du-Loup is the administrative centre of the Regional County Municipality (MRC) of the same name, home to 33,958 people. Its commercial and economic influence extends far beyond this territory.

    Located in the heart of the Bas-Saint-Laurent region, the city is considered a veritable crossroads of regional services and development. Halfway between Montréal and Gaspé, it is close to New Brunswick, the State of Maine and, across the St. Lawrence River, Charlevoix, the Saguenay and the North Shore, connected by ferry service.

    Rivière-du-Loup is easy to reach by a well-developed highway, rail, air and sea network. The hub of major highways in eastern Canada is also located in Rivière-du-Loup.

    See the Transportation section

    Although natural resource extraction and processing is a key component of the local economy, industrial, commercial and service sectors, such as tourism and culture, also form an integral part of our business mix.

    Another interesting point: Rivière-du-Loup is home to many organizations and associations that support economic vitality and stimulate entrepreneurship.

     Our main economic sectors

    • Peat and agro-environmental
    • Ecoconstruction
    • Food processing
    • Metallurgy, glass
    • Tourism
    • Transportation
    • Retail
    • Information technology and remote sensing
    • Financial services

    An entrepreneurial crossroads with a promising future

    In recent years, the City of Rivière-du-Loup has taken tangible initiatives to ensure its economic, social and environmental progress and position itself as an entrepreneurial crossroads with a strong future, and a sustainable development leader.

    As a sign of the success of this strategy, Rivière-du-Loup was named Canada’s top entrepreneurial city in 2016 by the Canadian Federation of Independent Business, based on:

    • Future perspectives, reflected in forecast entrepreneurial performance, investment intentions, recruiting of full-time employees, general status of companies, and number of construction permits issued;
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    • Actual entrepreneurial presence, measured in part by the increase in business establishments prorated to population and the share of total employment represented by self-employee workers;
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    • Municipal policies in force (taxes, bylaws, administrative costs, etc.) that favour business development.

    In 2015, Rivière-du-Loup was already ahead of the pack, taking first place in Québec in this same ranking. The number of companies (850, including self-employed workers) is clear evidence of this strong entrepreneurial spirit.

    Last modification : Jul 28 2017
    Economic profile
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  • Economic statistics

    Données démographiques

    Population 19 507 personnes
    Average age (MRC) 44,5 ans
    Demographic outlook (MRC) + 2,4 % d’ici 2036

     

    General data

    City area 84,76 km2
    Average population density 230,9 habitants/km2
    Median employment income, 25-64 years (MRC) 36 732 $
    Disposable income per capita (MRC) 24 974 $
    Total value of building permits (MRC) 45 929 $
    Average assessed value of single-family homes (MRC) 173 255 $

     

    Sources : Recensement canadien de 2016 et Institut de la statistique du Québec.

    Number of companies and organizations

    Stores and services 417
    Manufacturing companies 42
    Agricultural operations (farms) 14
    Financial intermediaries 33
    Professional services 81
    Accommodation and food services 83
    Social and health services 122
    Educational institutions 23
    Construction companies 63
    Transportation companies 36
    Government and public services  29
    Teaching services  23
    Entertainment and recreation 30

     Source : CLD de la région de Rivière-du-Loup

    Leading employers

    Company or organization Economic sector

    Number of employees (2017)

    CISSS, Rivière-du-Loup facility Health 1500
    Premier Tech Horticulture, agriculture, biotechnology, industrial equipment 1050
    Commission scolaire Kamouraska–Rivière-du-Loup Education 912
    Viandes du Breton  Agri-food 550
    Lepage Millwork Manufacture of doors and windows 340
    Cégep de Rivière-du-Loup  Education 300
    Prelco Glass processing 250
    Ville de Rivière-du-Loup  Municipality 207
    Papiers White Birch -
    FF Soucy 
    Pulp and paper 200

     

     

     

     

     

    Last modification : Aug 17 2017
    Economic statistics
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