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Greater Moncton at a GlanceA Hub Designed for innovation, tailored for growth
Greater Moncton, including the communities of Dieppe, Moncton and Riverview, is the fastest growing and most dynamic urban centre in Atlantic Canada.
The area’s population of more than 145,000 features a two-hour drive catchment area population of over 1.4 million. In recent years, thousands of people from all over Canada and beyond have moved into Greater Moncton to establish new companies, build their careers and raise their families.
We want you to take a good look at Greater Moncton. We punch above our weight class. Our airport services more clients than all others in New Brunswick combined. Our retail shopping, personal services, health care and educational sectors all service a larger regional market. Because we are at the geographic centre of the Maritime Provinces, hundreds of firms use Greater Moncton as a hub to service clients across the region and beyond.
Some of North America’s best companies have set up in Greater Moncton to take advantage of our excellent talent pool, competitive cost environment and low cost of living. ExxonMobil services clients across North and South America from their Greater Moncton facilities. The global information firm Thomson Reuters has a subsidiary in Greater Moncton developing software and services for the global legal services market. UPS, FedEx, ING Direct, Royal Bank of Canada, EMC2, CGI and many others chose to establish here after evaluating many other jurisdictions.
In this document you will find a summary of the advantages you will find by locating or expanding your business in Greater Moncton.
We look forward to helping you in your search for the ideal business location. Our team of site selection specialists stands ready to assist you.
Ben ChampouxCEO3+ Corporation
Greater Moncton at a GlanceQuick Facts‧ Greater Moncton is comprised of the cities of Moncton,
Dieppe, and the Town of Riverview
‧ Greater Moncton is the most populous CMA in the province with 145,000 habitants. Its slightly wider economic region has a population of more than 220,000.
‧ Greater Moncton is the 5th fastest growing community in Canada with 17.8% growth 2001-2011. It had the fastest growth of all urban centres in Atlantic Canada
‧ Centrally located, more than 1.4 million live within 2.5 hours of Greater Moncton...more than 1.5 million within 3 hours. It is the largest catchment area in Eastern Canada
‧ Bilingual - More than 47% of its population speaks both
French and English
‧ Smart - Greater Moncton was named twice as one of the
World’s Top 7 Intelligent Communities in 2009. More than
59% of the labour market has post secondary education
(ICF).
⁃ Canadian Business magazine “Top 10 Best Place to do Business in Canada” for five straight years
⁃ FDI magazine: Named Moncton the fifth most business friendly city in their “North American Cities of the future” 2007 issue.
⁃ “Rock-bottom real estate prices, respectable household incomes and good job prospects.” MoneySense magazine
⁃ One of five Canadian Cities to win the Google eTown Award in 2012
⁃ Ranked 1st among Atlantic Canadian cities in Readers Digest’s Best Canadian Cities to Raise a Family. 2012.
⁃ Canada’s most ‘Canucky’ city. – Martin Prosperity Institute (the community that best represents the Canadian way of life)
⁃ Canada’s most honest urban centre. - Readers Digest magazine
Location Location LocationOur Geographic advantage
Largest catchment area in Atlantic CanadaThere are an estimated 1.4 million people living within a 2.5 drive of Greater Moncton giving the community the largest population catchment area of any urban centre in Atlantic Canada.
This has led to the community becoming a large retail, recreation and services hub.
There are advantages to being located at the geographic centre of three Canadian provinces, as well as being strategically located within the North America - Europe corridor shortly benefiting of multilateral Free Trade Agreements that will tie these two major trading blocks further together.
All main highways go through Greater Moncton. Road and rail traffic coming to and from the Port of Halifax passes through the community.
The airport services attracts clients from all three provinces. Even the regional telecommunications infrastructure hubs through Greater Moncton. Many of the top recreational or tourist activities in the Maritime Provinces are either in Greater Moncton or within a short drive of the area.
Its strategic location and infrastructure make Greater Moncton the ideal gateway to North American & European markets, which
145,000Current Population Estimates (2014)
Demography
1,400,000Population within 2.5 Hour Drive
Projected Population Growth 2001-2018 : 32.5%5th Fastest Growing Community in Canada
$71,290Median Family Income
Knowledge of Official Languages
220,000Economic Region Population
Average Family Income $82,451
Income
Median Population Age (in years)
40.1Greater Moncton 43.7New Brunswick
40.6Canada
French & English47%
French Only3%
English Only50%
2001200620112012
2014E2018P
0 50,000 100,000 150,000 200,000
156,000145,000140,495138,644
126,424117,727
Labour Force
Historical Labour Data
Current Labour Force Data
June 2014 Greater Moncton New Brunswick
Population 15yr+ 120,500 620,200Labour force 81,600 390,800Employment 76,700 351,300Unemployment 4,900 39,600Unemployment rate % 6.0% 10.1%Participation rate % 67.7% 63.0%Employment rate % 63.7% 56.6%
0%
2%
5%
7%
9%
Jan-04
Jun-04
Nov
-04
Apr-05
Sep-05
Feb-06
Jul-0
6
Dec
-06
May
-07
Oct-07
Mar-08
Aug
-08
Jan-09
Jun-09
Nov
-09
Apr-10
Sep-10
Feb-11
Jul-1
1
Dec
-11
May
-12
Oct-12
Mar-13
Aug
-13
Jan-14
Jun-14
60,000
65,000
70,000
75,000
80,000
Unemployment Rate Employed Population
Population with Post-Secondary Education 59.1%
0
7,500
15,000
22,500
30,000
Trades Certificate College Diploma University Degree
20,38023,665
9,830
Major Employment IndustriesIndustry Employment % of total
Goods-producing sector
Agriculture
Forestry, fishing, mining, quarrying, oil and gas
Utilities
Construction
Manufacturing
Services-producing sector
Trade
Transportation and warehousing
Finance, insurance, real estate and leasing
Professional, scientific and technical services
Business, building and other support services
Educational services
Health care and social assistance
Information, culture and recreation
Accommodation and food services
Other services
Public administration
Total employed, all industries
10,200 13.2%
0 0.0%
1,700 2.2%
700 0.9%
4,200 5.4%
3,900 5.0%
67,100 86.8%
14,100 18.2%
5,100 6.6%
4,800 6.2%
4,600 6.0%
5,900 7.6%
4,400 5.7%
11,100 14.4%
4,400 5.7%
5,600 7.2%
2,800 3.6%
4,200 5.4%
77,300
Employee turnover
The Greater Moncton labour marke t i s known fo r i t s hardworking, dedicated, loyal a n d e d u c a t e d w o r k e r s . Companies moving into the community talk about reducing workforce turnover by 50 percent or more compared to larger urban centres across North America.
According to Statistics Canada, a typical worker in New Brunswick stays with the same firm for an average of over 110 months – or over nine years.
50%Average time working in same firm
9 Years
Lower than larger North American Centres
Labour Force : Major Employers
Malley Industries UPS
Purolator
Molson
Loblaw Atlantic
Atlantic Lottery Corporation
CGI Norampac
Horizon Regional Health Authority
Exxon-Mobil
Université de Moncton
Rogers Communications
Crandall University
CGIBell-Aliant
Apex Industries
Irving Personal Care
Vitalité Regional Health Authority
Midland Transport
Medavie Blue Cross
Royal Direct (RBC)
Shoppers Drug Mart (distribution)
GTECH Canada (Spielo)
Assumption Life
Master Packaging
Exxon-Mobil
Co-op Atlantic
Armour Transportation Systems
Major Employers in the Greater Moncton Region
Some of North America’s best companies have set up in Greater Moncton to take advantage of our excel lent ta lent pool , compet i t ive cost environment and low cost of living.
ExxonMobil services clients across North and South America from their Greater Moncton facilities.
The global information firm Thomson Reuters has a subsidiary in Greater Moncton developing software and services for the global legal services market. UPS, FedEx, ING Direct, Royal Bank of Canada, EMC2, CGI and many others chose to establish here after evaluating many other jurisdictions.
Diverse Employment Experience
4,500Université de Moncton
The Education and Training ClusterThe Greater Moncton workforce has been the principle reason why the community has grown faster than any other urban centre in Atlantic Canada. Companies in this community are able to attract and retain high quality talent
Overall, there are over 13,500 students enrolled in post-secondary education programs in the Greater Moncton region or 93 students for every 1,000 people living in the area. This impressive talent feeder system is turning out graduates to serve the growing demands of the workforce.
The region is also attracting an increasing number of international students. In 2012-2013, there were over 1,000 international students studying at post-secondary educational institutions in the Greater Moncton region.
2,200
The Université de Moncton is the region’s largest post-secondary education provider with 4,500 students. UdeM is a French language university with a full range of undergraduate degree programs and a growing base of advanced degrees and research activities.
Down the road in Sackville, Mount Allison University is consistently rated by MacLean’s magazine as the number one primarily undergraduate university in Canada. The university has produced 51 Rhodes Scholars – more per capita than any university in the British Commonwealth.
Mount Alison University
800Crandall University enrolls over 800 students in undergraduate degrees in Arts, Science, Business Administration, Education, and Theology and graduate degrees in Education and Organizational Management.
Crandall University
50 Public Schools 155 Day Care Centers 10+Community Colleges2 Private Colleges & Schools
Talent Pipeline
Infrastructure - Transport
Road and Rail Transportation
Greater Moncton International Airport
All road or rail traffic coming into or out of Nova Scotia and Prince Edward Island comes through the hub – Greater Moncton. There are four-lane highways east, west, north and south. Rail lines go east, west, north and south. This has led to a large transportation and logistics sector in the community.
There are now more than 5,100 people working in this sector. As a percentage of total employment, there are more people working in transportation-related employment in Greater Moncton than all other CMAs across Canada.
Over the past 15 years, the Greater Moncton International Airport (GMIA) has become a hub for air passenger and air cargo for the Maritime Provinces. Nearly 600,000 passengers enplane or deplane in Greater Moncton every year. Adjusted for local population size, this makes GMIA one of the busiest in Canada.
The Greater Moncton International Airport features 20 daily direct flights to destinations including Toronto, Montreal, Ottawa, Halifax, Iles de la Madeleine and seasonal flights to numerous vacation destinations. Because of increasing flight options and lower prices, the number of international flights out of Greater Moncton has been skyrocketing in recent years.
Infrastructure - Industrial Parks
The 1,100-acre Dieppe Industrial Park is home is home to more than 200 businesses including industrial, aerospace, transportation and distribution activities. Some of New Brunswick’s top manufacturing firms are located in the Park including Bonté Foods, CE3 Custom Electronics, Imperial Manufacturing Group, Irving Group (Irving Tissue and Master Packaging) and Malley Industries.
The Dieppe Industrial Park is located near three national and provincial highwaynetworks and has direct access to the Greater Moncton International Airport. The airport is located within the geographic boundaries of the Dieppe Industrial Park. Canadian National (CN) rail service is also available within the park and more than 40 regional, national and international trucking firms serve the park.
Aviation Avenue is an exciting new area for development adjacent to the Greater Moncton International Airport. The area includes 90 fully serviced acres available for commercial and industrial development. There is another 800 acres near the airport and major highways that will be part of future Dieppe Industrial Park expansion.
Caledonia Industrial Estates Dieppe Industrial Park / Aviation AvenueMoncton Industrial ParkCaledonia Industrial Estates is one of the largest industrial parks in Atlantic Canada. It has been expanded three times since the mid-1990s and now features nearly 1,000 acres of service industrial land and a direct interchange connection to the Trans-Canada Highway.
The park is home to many transportation and manufactur ing f i rms including Shoppers Drug Mart, Loblaw Atlantic, Source Medical, Molson Coors, Sears/SLH Transport, and McKesson Canada. One of the key strengths of the park is its proximity to both the Trans-Canada Highway and the Greater Moncton International Airport, which is just four kilometres from the park entrance.
The original Moncton Industrial Park was launched in 1960 with the acquisition of 100 acres of land. Today, the park has a total area of 600 acres of prime industrial land with close to 300 companies now in place.
It is home to firms such as Armour Tranpsportation Systems, Fancy Pokket Corporation, Greystone Energy Systems Inc., Normapac Inc. and the Royal Bank of Canada customer contact centre.
Moncton Industrial Park has expanded and added the new Moncton Industrial Park West. Phase One has opened up 120 acres for new business development and there is considerable room for expansion.
Most Affordable Real Estate in Canada
Best Small City Health Care in Canada
Warm water beaches & sailing 20 minutes from Moncton.
14 Golf Courses, some designed by PGA professionals
Low crime rate: Safest large size community in Atlantic Canada
Best retail shopping environment in Atlantic Canada
One hour drive from Two Fabulous National Parks
Seven of NB’s top 16 tourism attractions are in the region
Considered Atlantic Canada’s Entertainment Hub, having hosted world renowned acts such as U2, Rolling Stones, AC/DC
Only Casino in New Brunswick
Largest Indoor Arena in New Brunswick
Home of the largest multi-function outdoor stadium in Atlantic Canada, having hosted the International Track & Field competitions, CFL Games and FIFA Soccer
Average Commute Time
17 minutes
Greater Moncton delivers on the work/life balance promise by providing an environment where citizens and businesses alike can prosper in a culturally rich and family friendly setting with all the amenities of a large metropolitan city.
Living in Greater MonctonWhere Quality of Life is a Virtue
What makes it so great to live here ?
<$150K $150K-$199K $200K-$249K $250K-$299K $300K+
$ 155,816Average Resale Market Sale Price
Comparative Residential Costs in other Canadian Cities Time to buy a house in years based on household income
Source: Spring 2014 CMHC Housing Market Outlook
Residential Real Estate
$ 325,377Average New Construction Sell Price
$ 750Two Bedroom Average Monthly Rent
Vancouver
Calgary
Toronto
Montreal
Halifax
Moncton
$0 $150,000 $300,000 $450,000 $600,000$71,800
$80,490
$71,390
$71,210
$98,300
$71,140
$155,816
$276,040
$320,323
$566,531
$459,640
$514,950
Avg Real Estate Price Median Family Income0
2
4
6
8
Vancouver Calgary Toronto Montreal Halifax Moncton
2.2
3.4
4.5
8.0
4.7
7.2
Q1 2013 Q1 2014
55.7%48.3%
19.7%
30.5%
9.8%10.2% 13.1%10.2%1.6%0.8%
Single-Detached Units Sales by Price Range
Average Commercial Lease Rates ($ per sq. ft. )Available Inventory (sq. ft.)
Commercial Vacancy Rates
Source: Q1 2014 Marketbeat - Cushman & Wakefield
Commercial Real Estate
Class A
Class B
Class C
$0 $8 $15 $23 $30
$18.76
$21.04
$27.54
$9.89
$11.30
$15.42
0
350,000
700,000
1,050,000
1,400,000
Class A Class B Class C
356,482
1,348,1161,260,685
0%4.3%8.5%
12.8%17.0%
Class A Class B Class C
17.0%
9.1%8.2%
Net Gross
Average Industrial Lease Rates ($ per sq. ft. )Available Inventory (sq. ft.)
Industrial Vacancy Rates
Industrial Real Estate
Source: Q1 2014 Marketbeat - Cushman & Wakefield
Moncton Industrial Park
Dieppe Industrial Park
Caledonia Industrial Park
Other Greater Moncton
0 750,000 1,500,000 2,250,000 3,000,000
448,923
471,244
456,491
2,090,694
0%
5.0%
10.0%
15.0%
20.0%
Moncton Industrial Park Dieppe Industrial Park Caledonia Industrial Park Other Greater Moncton
12.2%
19.8%
4.7%
13.0%
Moncton Industrial Park
Dieppe Industrial Park
Caledonia Industrial Park
Other Greater Moncton
$0 $2.75 $5.50 $8.25 $11.00
$9.41
$8.65
$10.52
$9.07
$2.92
$2.66
$3.39
$2.99
Net Gross
New Construction Building Permit Values (in $ 1,000)
Residential Building Construction Permits (# of Units)
Economic Activity
Retail Sales
$ 2.3B$ 2.6B
(2013)
(Projected 2016)
+17%Sales per household vs national average
Retail Sales
$0
$100,000
$200,000
$300,000
$400,000
2006 2007 2008 2009 2010 2011 2012 2013 2014(Jan-May)
$79,224
$304,539$319,009$320,090
$269,452
$320,272$276,282$275,109$264,359
20062007200820092010201120122013
2014(Jan-May)
0 750 1,500 2,250 3,000
2811,001
1,3661,322
1,3871,060
1,2751,493
1,436
192
659
973
886
921
586
760
790
803
89
342
393
436
466
474
515
703
633
Industrial TotalCommercial Institutional & Government Residential
Total DwellingsSingle Multiples
Low Corporate Tax Environment
12.0 %
General Corporate Income Tax Rate (NB)
4.5 %Small Business Income Tax Rate Small Business Qualifier Treshold
$ 500,000Payroll Taxes
$ nil
New Brunswick leads the competitive landscape by having one of the lowest corporate income tax environment in Canada, and among some of the lowest rates throughout North America.
It is no surprise that investment continues to grow in Greater Moncton as it offers a superior business climate, some of the lowest housing prices in Canada, a rich multi-cultural heritage, and a great quality of life. Business is booming, the economy is growing, and an affordable lifestyle is awaiting your business in Greater Moncton.
10.0 %
Corporate Taxes
Manufacturing & Processing General Rate
Provincial Tax Rate Comparison
2014 Municipal Property Taxes (per $1,000 of assessment) Incentives
City of MonctonCity of Dieppe
Town of Riverview
$ 1.5845 $ 1.6500 $ 1.5626 2014 KPMG Competitive Alternative Study:
Greater Moncton has the lowest overall cost of doing business in North America
NS
PEI
YK
NL
MAN
NB
NU
SK
ON
NWT
BC
0% 4.0% 8.0% 12.0% 16.0%
11.0%11.5%11.5%12.0%12.0%12.0%12.0%
14.0%15.0%
16.0%16.0%
Sector Profile : Finance and Insurance
In recent years, Greater Moncton has become a finance and insurance hub. There are more than two dozen firms serving clients across Canada and beyond.
The National Bank of Canada has its regional head office here. The Royal Bank of Canada (RBC) operates a large scale back office in Moncton providing banking services to clients across the country and beyond.
One of the leading health and life insurance firms in Canada, Medavie Blue Cross, has its head office in Greater Moncton.
There are more 4,400 persons working in the finance and insurance sector in Greater Moncton – the fourth highest concentration of finance and insurance employment among all urban centres across Canada.
Greater Moncton has become a national customer contact centre for the insurance industry. Firms such as Assumption Life, Medavie Blue Cross, The Co-operators, Allstate, Intact, Wawanesa and First Canadian Title service markets across Canada from their Greater Moncton facilities.
The finance and insurance industry is thriving in Greater Moncton because of its bilingual workforce, labour productivity and its competitive operating cost environment.
SummaryIn the 2012 KPMG Competitive Alternatives Report, Greater Moncton featured one of the lowest cost environments for back office and support services compared to all location in North America and Europe.
As one example, the cost of lease Class A office space was as much as 60 percent lower than other urban centres.
Toronto, ON
Regina, SK
Moncton, NB
Vancouver, BC
Winnipeg, MB
Halifax, NS
Calgary, AB
Saint John, NB
St John’s, NL
0 20 40 60 80
35.7
37.9
46.3
47.3
48.7
50.3
56.2
65.8
78.1
Finance and Insurance Employment per 1,000 in the overall workforce
Sector Profile : Customer Interaction
SummaryIn the 1980s, firms began using the telephone as an important tool for customer service. In the 1990s, much of this customer interaction migrated to the Internet and in the 2000s and beyond companies are using the online world to sell and social media to strengthen customer relationships.
Through this evolution, Greater Moncton emerged as a hub for customer interaction. Over two dozen national and international firms use the community as a base to provide high quality customer services – by telephone or the Web - whatever pathway they chose.
Adjusted for size, there are more people employed in business support services than any other urban centre in Canada.
The global courier firm, UPS, has a national back office located in Greater Moncton. Rogers Communications, one of Canada’s largest integrated communications and media firms, has a large customer contact centre in the community. ExxonMobil is one of the largest private sector employers in the region. The firm operates a multilingual, business support centre in Greater Moncton serving clients across the western hemisphere.
ING Direct, Asurion, Fairmont Hotels and Resorts and Purolator Courier are a few of the other firms using Greater Moncton as a hub for customer interaction.
Greater Moncton’s educated, bilingual and friendly workforce has been ideal for customer interaction and the region’s operating cost environment continues to be among the most competitive in North America for this sector.
In the 2012 KPMG Competitive Alternatives Report, Greater Moncton featured one of the lowest cost environments for back office and support services of any location in North America and Europe.
Moncton, NB
Saint John, NB
Halifax, NS
St John’s, NL
Winnipeg, MB
Toronto, ON
Regina, SK
Vancouver, BC
Calgary, AB
0 10 20 30 40
1.7
3.1
4.7
5.5
7.7
12.4
14.6
28.5
33.5
Business Support ServicesEmployment per 1,000 in the overall workforce
Sector Profile : Information and Communication Technologies
SummaryGreater Moncton has a growing and vibrant information and communications technologies (ICT) sector made up of both dynamic, local entrepreneurial firms and international companies.
The biggest ICT services firm in Canada, CGI, has a large development centre in Greater Moncton. Elite, a Thomson Reuters subsidiary, develops professional services software in the community. EMC2, a global leader in cloud computing services, has an operation in Greater Moncton.
In addition, a number of the region’s firms in other sectors have large information technology centres in Greater Moncton. Medavie Blue Cross has a team of over 200 IT professionals working in their head office. Bell Aliant, the largest telecommunications firm in Atlantic Canada, has a help desk and IT support centre in Greater Moncton.
These larger companies are complemented by exciting and entrepreneurial startup firms. Supporting the ICT industry are a variety of organizations including Tech South East, an industry catalyst; Propel ICT – an IT accelerator and Hub City Labs – a not-for-profit hackerspace for like-minded hackers and geeks.
In total, there are over 2,000 people working in the Greater Moncton ICT industry* and 2,400 people working in computer and information systems occupations.
The ICT industry is thriving in Greater Moncton because of its ability to attract retain high quality talent, its support ecosystem and competitive cost environment.
In the 2012 KPMG Competitive Alternatives Report, Greater Moncton featured one of the lowest cost environments for software development and IT support services of any location in North America and Europe.
San Francisco, CA
Boston, MA
Chicago, IL
Toronto, ON
Vancouver, BC
Montreal, QC
Halifax, NS
Moncton, NB
0 27.5 55.0 82.5 110.0
84.0
87.4
89.5
92.0
92.4
100.1
101.4
104.7
Operating Cost Index: Software Design CentreUS Average = 100
Sector Profile : Gaming and animation
SummaryGreater Moncton is home to a growing cluster of gaming and animation firms. The ecosystem is anchored by Casino New Brunswick, the second largest casino and gaming facility in Atlantic Canada with over 200 employees. The facility draws players from all across the Maritime Provinces.
The Atlantic Lottery Corporation has its head office in Greater Moncton. It’s more than 350 staff are involved in the development and delivery of gaming products and services across Atlantic Canada.
Greater Moncton is also home to SPIELO, a world leader in the design, manufacture, and distribution of high performance and innovative gaming machines, game software, and solutions. SPIELO has over 400 employees in the community and is part of Lottomatica Group, one of the largest lottery operators in the world.
CGI, Canada’s largest IT services firm, operates a 150-person centre of excellence in gaming technologies in Greater Moncton. Other smaller, dynamic game development firms have studios in Greater Moncton including Gogii Games and Pitch Mobile.
Supporting the cluster is BMM Testlabs, the longest established and most experienced private independent gaming certification lab in the world.
The local and provincial government have targeted Greater Moncton as a Centre of Excellence for Gaming and Animation. This will include a wide range of investments to ensure this sector remains a growth engine for the regional economy.
Sector Profile : Transportation and Logistics
SummaryLocated at the geographic centre of the Maritime Provinces, Greater Moncton has become a hub for transportation and logistics services in Atlantic Canada.
There are over 300 firms active in the transportation, logistics and warehousing sector in Greater Moncton. In total, these firms employ more than 5,100 people. Adjusted for population size, there are more people working in the transportation, logistics and warehousing sector in Greater Moncton than any other CMA across Canada.
Transportation firmsGreater Moncton is the head office location for two of Canada’s largest road transportation firms: Armour Transportation and Midland Transportation as well as more than a dozen other national firms.
Regional distribution centresThere are 27 different firms in the Greater Moncton area with warehousing operations including two offering refrigerated storage services.
Air cargoThe Greater Moncton International Airport is an important air cargo hub in the Maritime Provinces loading and unloading 25,300 metric tonnes of cargo in 2012.
The GMIA ranks 10th among airports across Canada for the total amount of cargo handled. Adjusted for population size, the GMIA handles more cargo than any other airport in Canada.
In addition, the GMIA largest courier hub in Atlantic Canada with FedEx Express Canada, Purolator and UPS all using the airport as a base for regional distribution.
Rail cargoCN operates an intermodal terminal in Greater Moncton that provides rail shipping connection across North America. All rail traffic through the Port of Halifax is shipped through Greater Moncton. The CN line to Saint John connects with NB Southern Railway for additional rail connections into the United States.
Moncton, NB
Calgary, AB
Vancouver, BC
Winnipeg, MB
Toronto, ON
Montreal, QC
Regina, SK
Saint John, NB
St. John’s, NL
0 17.5 35.0 52.5 70.0
39.8
42.1
43.5
48.9
50.1
53.7
55.1
56.0
65.7
Transportation and warehousing Employment per 1,000 in the overall workforce
Sector Profile : Manufacturing
SummaryThere are more than 190 manufacturing firms located in Greater Moncton. The manufacturing sector built up around the community’s geographic strengths, competitive costs and a history of dynamic entrepreneurship.
There are more than 5,000 people employed in the sector making it the third largest manufacturing centre in Atlantic Canada.
Food manufacturing is particularly strong with 29 establishments and 1,300 employees. Molson Coors operate a regional brewery in the community. Amcor and Pepsi provide bottling services for regional markets in Atlantic Canada. Other food manufacturers including Fancy Pokket and Bonte Foods have production facilities that service a regional clientele.
Wood and paper related manufacturing employs more than 1,500 workers in Greater Moncton. This segment of the industry is anchored by Irving Consumer Products and Norampac.
There are also more than 800 people employed in metal fabrication and equipment manufacturing with Apex Industries and SPIELO as the two largest players.
In the 2012 KPMG Competitive Alternatives Report, Greater Moncton featured one of the lowest cost environments for manufacturing operations compared to any location in North America and Europe.
San Francisco, CA
Boston, MA
Chicago, IL
Vancouver, BC
Toronto, ON
Montreal, QC
Halifax, NS
Moncton, NB
95.0 97.5 100.0 102.5 105.0
95.5
95.7
96.1
96.9
97.7
99.0
101.2
104.1
Industry
Total Manufacturing Establishments
Food and Beverage Manufacturing
Wood and Paper Products
Metal Fabrication
Machinery and Computer Equipment Manufacturing
Furniture
Medical Equipment
Other
No of Establishments % of total
196
29 14.8%
20 10.2%
25 12.8%
17 8.7%
16 8.2%
10 5.1%
79 40.3%
Operating Cost Index: ManufacturingUS Average = 100
Sector Profile : Professional Services
SummaryThe professional services sector is an important part of the regional economy. There are more than 3,300 employed in the sector and increasingly the industry is serving clients well beyond the borders of Greater Moncton.
There are engineering firms working on projects across Canada and beyond from their location in Greater Moncton. In fact, New Brunswick as a province has one of the most export-intensive engineering sectors in Canada. Many of Canada’s leading firms have operations in Greater Moncton including Hatch Mott MacDonald, EXP, MCW Maricor, WSP Global and Stantec.
Greater Moncton’s Architectural services firms also work on projects across Canada and beyond. A number of firms take advantage of the region’s labour pool to provide computer services and technical help desk support.
Greater Moncton also has one of the largest communities of professional translators among urban centres across Canada. Among all urban centres across Canada, only Ottawa and Montreal have a higher percentage of professional translators and interpreters in the workforce compared to Greater Moncton.
The professional services industry in Greater Moncton benefits from lower operating costs, access to a high quality and bilingual workforce able to service clients in both English and French.
Opera&ng cost index: Professional servicesUS average = 100
San Francisco, CA
Boston, MA
Chicago, IL
Vancouver, BC
Toronto, ON
Montreal, QC
Halifax, NS
Moncton, NB
0 27.5 55.0 82.5 110.0
75.1
77.7
81.7
89.3
87.0
99.8
100.7
105.1
Industry
Total Professional Services Establishments
Legal Services Firms
Accounting, Bookkeeping & Payroll Services
Architectural Services
Engineering Services
Drafting, Surveying and Testing Services
Industrial and Graphic Design Firms
R&D, Scientific, and Technical Consulting Establishments
Advertising and Public Relations
Translation and Interpretation Services
Other
# Establishments % of total
704
120 17.0%
91 12.9%
17 2.4%
56 8.0%
23 3.3%
35 5.0%
109 15.5%
40 5.7%
24 3.4%
189 26.8%
About the 3+ CorporationAbout the 3+ CorporationWe are the economic development corporation for the cities of Dieppe, Moncton and Riverview, leveraging our regional assets to foster new job creation, to enhance our prosperity and to improve our overall competitiveness.
We use our expertise to promote our region and attract investment, to help expand our existing businesses and key sectors, and to help build and attract the workforce needed for our new and existing businesses to thrive.
Business Attraction & Expansion
Market Analysis Centre
Business Services Centre
3+ Corporation1273 Main StreetSuite 250Moncton, New Brunswick E1C0P4Canada
Phone: 506-858-9550Toll Free: 1-888-577-0000International: 00 1* 506 858 9550
Contact Information:
www.3plus.ca
What We do