Economy
Sherbrooke, which is the economic centre of Estrie, is a significant cultural, industrial, and academic hub in the province. The city is directly served by three railroads that have junctions with the Canadian National and Canadian Pacific railways: the St. Lawrence and Atlantic Railroad, the Quebec Central Railway, and the Montreal, Maine and Atlantic Railway. Sherbrooke is also served by four highways as well as a regional airport.
According to data from the Institut de la statistique du Québec, average personal income per capita in the Census Metropolitan Area (CMA) of Sherbrooke amounted to CAD30,976 in 2010. Estrie's GDP for the same year was $9.59 billion.
Read more about this topic: Sherbrooke
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)