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COMPARISON OF BUSINESS COSTS
Average initial facility investment costs are as follows:
Comparative Facility Investment Costs Sydney Halifax Moncton US
Location sensitive land costs 101 340 151 577
Location sensitive building costs 2,139 2,231 2,256 2,501
Non-location sensitive investment costs (plant equipment, initial inventories, etc.) 5,446 5,446 5,446 5,446
Thousands of Dollars $$$

Location sensitive initial investment costs in Sydney total $2.2 million. The U.S. range is from $1.4 million to 3.9 million and averages $3.1 million.

This analysis indicates an average cost advantage to Sydney of 27.2% on location-sensitive costs representing 9.8% on overall costs.

Comparison of Annual Operating Costs -
Sydney vs. Halifax, Moncton & U.S. Cities:
Comparison of Annual Operating Costs Sydney Halifax Moncton US
Location sensitive labour, benefits, electricity & transportation 2,437 2,385 2,330 3,179
Location sensitive interest & taxation costs 968 963 968 793
Non-location sensitive investment costs (raw materials, professional services, etc.) 6,519 6,525 6,527 6,543

Thousands of Dollars $$$

This analysis indicates an after-tax annual operating cost advantage to Sydney of 14.3% on location-sensitive costs representing 5.6% on overall costs.

 

Location sensitive cost comparisons are based on the following cost components.

  • Industrial land costs
  • Construction costs
  • Labour costs including salary, wages and benefits
  • Electricity costs
  • Transportation costs
  • Interest costs
  • Federal, regional and local taxes
  • Research tax credit