Public-market intelligence for better-informed decisions

A public market worth more than $25 billion a year

Québec’s public markets are one of the province’s most important economic engines. In 2024-2025 alone, 378 public bodies concluded 30,795 contracts of $25,000 and more, for a total value of $26.3 billion. Nearly $19.3 billion, or 74% of that value, came from contracts awarded through public tenders.

• 26,3 G$ — Value of contracts concluded
• 30 795 — Public contracts of $25,000 and more
• 19,3 G$ — Value awarded through public tenders
• 378 — Public bodies covered

Behind these figures are thousands of purchasing cycles, renewals, competitive shifts, and growth opportunities. QGQ turns this volume of information into actionable intelligence for businesses and investors.

Source: Québec Treasury Board Secretariat — 2024-2025 statistics on public-sector contracts. Sources: Québec Treasury Board Secretariat, 2024-2025 Statistics on Public-Sector Contracts, and the Government of Québec. The main statistics cover contracts of $25,000 and more concluded by public bodies subject to the LCOP. Reported value is the contract value when concluded, including planned options, and may cover multi-year contracts. The municipal sector and certain organizations are not included in this total. View the official source

Understand where public billions flow

For an investor or acquirer, public contracts can represent an important source of recurring revenue, as well as concentration, renewal, and dependency risks.

• A company’s position and market share
• Dependency on specific public bodies
• Contracts approaching expiry and award history
• Competitor momentum and untapped opportunities

Four observations shape our thesis

1. Spending is recurring.
2. Information is fragmented.
3. Competition leaves traces.
4. The next action is the value.