XN Consultants developed a stronghold in the Middle East and Europe, building upon successes and commercial opportunities.
Truly, the MENA region remains a powerful and promising land of endeavours and economic challenges where XN Consultant’s experts have excelled at supporting businesses in development and organizational stress.
Our aim however is to continuously strive for higher goals and stronger roots, and this is why The XN network now opens new horizons in Europe and in Northern America.
It is a relentless effort, from the whole team, and subject to numerous questions.
Does it make sense to venture into new markets whilst we already have a strong foothold in the Middle East?
Why not build on that and remain where we are strong? Why take risks?
There are not so many variables in this equation. Indeed, stay as you are and hope for the best or move on and develop new opportunities.
At XN Consultants, we have the resources to choose for the latter option – Not in an adventurous mode but as well relying on experienced and thoughtful experts.
Northern America is challenging, for many reasons such as e.g. culture, economics, politics, geopolitics, legal framework, geography, religion…
For the sake of this communication, we have looked at the Canadian province of Québec, with its unique position within the Canadian federation of provinces.
Bypassing centuries of indigenous and colonial wars, Quebec’s history has made it what it is today: a successful economic power, with a principle of freedom and equality, combining respect of independence and public interventionism.
As per Stats Canada*, in 2019, Québec province totalled 255,000 – operating companies, the second highest number after Ontario, which shows its dynamism.
However, once compared with the number of inhabitants, Québec drops lowest of all provinces, at only 37 per 1,000- inhabitants.
Out of these, 78% of the companies are active in services.
At Canadian level, net employment has increased with 1 million units over the period 2014 – 2019, out of which 73% in the private sector.
All is not said with this, and many other factors weigh in, such as inflation, demographics, GDP, tax regimes etc. In fact, all figures invariably lead to the same statement:
there is plenty of room to develop and offer market opportunities for our network.
XN Consultants is proud to be present in Northern America through its representation in Québec, as this is a first step towards further expansion across the Americas.
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* Government of Canada, Ministry of Innovation, Science and economic development:
https://www.ic.gc.ca/eic/site/061.nsf/fra/h_03126.html#pme-canada
