Regional Community Profile One Region, One Vision - Dieppe - Moncton - Riverview - 3plus Corporation
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Regional Community Profile
One Region, One Vision
Dieppe - Moncton - Riverview
Last Updated: Tue Apr 12 2016
Greater Moncton at a Glance A Hub Designed for innovation, tailored for growth Greater Moncton, including the communities of Dieppe, Moncton and In this document you will find a summary of the Riverview, is the fastest growing and most dynamic urban centre in Atlantic advantages you will find by locating or expanding your Canada. business in Greater Moncton. The area’s population of close to 150,000 features a two-hour drive We look forward to helping you in your search for the catchment area population of over 1.4 million, the largest in Eastern ideal business location. Our team of site selection Canada. In recent years, thousands of people from all over Canada and specialists stands ready to assist you. 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 The 3+ Team 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.
Greater Moncton at a Glance
Quick Facts ⁃ Canadian Business magazine “Top 10 Best Place to
do Business in Canada” for five straight years
‧ Greater Moncton is comprised of the cities of Moncton,
Dieppe, and the Town of Riverview ⁃ FDI magazine: Named Moncton the fifth most
business friendly city in their “North American Cities
‧ Greater Moncton is the most populous CMA in the of the future” 2007 issue.
province with nearly 150,000 habitants. Its slightly wider
economic region has a population of more than 220,000. ⁃ “Rock-bottom real estate prices, respectable
household incomes and good job prospects.”
‧ Greater Moncton is the 5th fastest growing community in MoneySense magazine
Canada with 17.8% growth 2001-2011. It had the fastest
growth of all urban centres in Atlantic Canada ⁃ One of five Canadian Cities to win the Google
eTown Award in 2012
‧ Centrally located, more than 1.4 million live within 2.5
hours of Greater Moncton...more than 1.5 million within 3 ⁃ Ranked 1st among Atlantic Canadian cities in
hours. It is the largest catchment area in Eastern Canada Readers Digest’s Best Canadian Cities to Raise a
Family. 2012.
‧ Bilingual - More than 47% of its population speaks both
French and English ⁃ Canada’s most ‘Canucky’ city. – Martin Prosperity
Institute (the community that best represents the
‧ Smart - Greater Moncton was named twice as one of the Canadian way of life)
World’s Top 7 Intelligent Communities in 2009. More than
59% of the labour market has post secondary education ⁃ Canada’s most honest urban centre. - Readers
(ICF). Digest magazine
Location Location Location
Our Geographic advantage
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
Largest catchment area in Atlantic Canada
There 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.
Demography
Current Population Estimates (2014) Median Population Age (in years)
147,968 Greater Moncton
40.1 New Brunswick 43.7
Economic Region Population Canada 40.6
220,000 Income
Population within 2.5 Hour Drive
Median Family Income $71,290
1,400,000 Average Family Income $82,451
5th Fastest Growing Community in Canada Knowledge of Official Languages
Projected Population Growth 2001-2018 :
32.5%
French & English English Only
47% 50%
French Only
3%
Labour Force
Current Labour Force Data Population with Post-Secondary Education
59.1%
30,000
23,665
22,500 20,380
15,000
9,830
7,500
0
Trades Certificate College Diploma University Degree
Historical Labour Data
Major Employment Industries
Industry Employment % of total Employee turnover
50%
Goods-producing sector 10,200 13.2%
Agriculture 0 0.0%
Forestry, fishing, mining, quarrying, oil and gas 1,700 2.2% Lower than larger North American Centres
Utilities 700 0.9%
Average time working in same firm
Construction 4,200 5.4%
Manufacturing
Services-producing sector
3,900
67,100
5.0%
86.8%
9 Years
Trade 14,100 18.2%
Transportation and warehousing 5,100 6.6% The Greater Moncton labour
market is known for its
Finance, insurance, real estate and leasing 4,800 6.2% hardworking, dedicated, loyal
Professional, scientific and technical services 4,600 6.0% and educated workers.
Companies moving into the
Business, building and other support services 5,900 7.6% community talk about reducing
workforce turnover by 50
Educational services 4,400 5.7%
percent or more compared to
Health care and social assistance 11,100 14.4% larger urban centres across
North America.
Information, culture and recreation 4,400 5.7%
5,600 7.2%
According to Statistics Canada,
Accommodation and food services
a typical worker in New
Other services 2,800 3.6% Brunswick stays with the same
firm for an average of over 110
Public administration 4,200 5.4%
months – or over nine years.
Total employed, all industries 77,300
Labour Force : Major Employers
Diverse Employment Experience
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 Atlantic Lottery Corporation Master Packaging
excellent talent pool, competitive cost
Apex Industries Medavie Blue Cross
environment and low cost of living.
Armour Transportation Systems Midland Transport
ExxonMobil services clients across North and
South America from their Greater Moncton Assumption Life Molson
facilities.
Bell-Aliant CGI
The global information firm Thomson Reuters has CGI Norampac
a subsidiary in Greater Moncton developing
software and services for the global legal services Co-op Atlantic Purolator
market. UPS, FedEx, ING Direct, Royal Bank of
Canada, EMC2, CGI and many others chose to Crandall University Exxon-Mobil
establish here after evaluating many other Exxon-Mobil Royal Direct (RBC)
jurisdictions.
IGT (Spielo) Rogers Communications
Horizon Regional Health Authority Shoppers Drug Mart (distribution)
Irving Personal Care Université de Moncton
Loblaw Atlantic Vitalité Regional Health Authority
Malley Industries UPS
Talent Pipeline
The Education and Training Cluster
The 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.
Université de Moncton
4,500
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.
Mount Alison University 2,200
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.
Crandall University
800
Crandall University enrolls over 800 students in undergraduate degrees in Arts, Science, Business
Administration, Education, and Theology and graduate degrees in Education and Organizational
Management.
2 Community Colleges
50 Public Schools
155 Day Care Centers
10+ Private Colleges & Schools
Infrastructure - Transport
Greater Moncton International Airport
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.
Road and Rail Transportation
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.Infrastructure - Industrial Parks
Caledonia Industrial Estates Moncton Industrial Park Dieppe Industrial Park / Aviation Avenue
Caledonia Industrial Estates is one of the The original Moncton Industrial Park was The 1,100-acre Dieppe Industrial Park is home
largest industrial parks in Atlantic Canada. launched in 1960 with the acquisition of 100 is home to more than 200 businesses including
It has been expanded three times since the acres of land. Today, the park has a total industrial, aerospace, transportation and
mid-1990s and now features nearly 1,000 area of 600 acres of prime industrial land distribution activities. Some of New
acres of service industrial land and a direct with close to 300 companies now in place. Brunswick’s top manufacturing firms are
interchange connection to the Trans- located in the Park including Bonté Foods, CE3
Canada Highway. It is home to firms such as Armour Custom Electronics, Imperial Manufacturing
Tranpsportation Systems, Fancy Pokket Group, Irving Group (Irving Tissue and Master
The park is home to many transportation Corporation, Greystone Energy Systems Packaging) and Malley Industries.
and manufacturing fir ms including Inc., Normapac Inc. and the Royal Bank of
Shoppers Drug Mart, Loblaw Atlantic, Canada customer contact centre. The Dieppe Industrial Park is located near
Source Medical, Molson Coors, Sears/SLH three national and provincial highway
Transport, and McKesson Canada. One of Moncton Industrial Park has expanded and networks and has direct access to the Greater
the key strengths of the park is its added the new Moncton Industrial Park Moncton International Airport. The airport is
proximity to both the Trans-Canada West. Phase One has opened up 120 acres located within the geographic boundaries of
Highway and the Greater Moncton for new business development and there is the Dieppe Industrial Park. Canadian National
International Airport, which is just four considerable room for expansion. (CN) rail service is also available within the park
kilometres from the park entrance. 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.Living in Greater Moncton
Where Quality of Life is a Virtue
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.
What makes it so great to live here ?
Average Commute Time
Most Affordable Real Estate in Canada
Best Small City Health Care in Canada
17 minutes
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
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
Considered Atlantic Canada’s Entertainment Hub, having hosted world renowned
acts such as U2, Rolling Stones, AC/DCResidential Real Estate
Single-Detached Units Sales by Price Range
55.7% Average New Construction Sell Price
48.3%
30.5%
$ 325,377
Average Resale Market Sale Price
19.7%
10.2% 10.2%
13.1%
9.8% $ 155,816
0.8% 1.6%
Two Bedroom Average Monthly RentCommercial Real Estate
Available Inventory (sq. ft.) Average Commercial Lease Rates ($ per sq. ft. )
3,000,000
Class A
$14.57
2,250,000 2,023,117
$25.35
1,500,000 1,284,242 Class B
$12.06
$20.90
750,000
Class C
$8.27
166,050 $13.78
0
Class A Class B Class C $0 $8 $15 $23 $30
Net Gross
Commercial Vacancy Rates
30.0%
23.10%
22.5%
15.0%
13.00%
7.5% 3.36%
0%
Class A Class B Class C
Source: Q4 2014 Market Report Colliers InternationalIndustrial Real Estate
Available Inventory (sq. ft.) Average Industrial Lease Rates ($ per sq. ft. )
$5.83
Moncton Industrial Park 5,449,204 Moncton Industrial Park
$8.66
$7.04
Dieppe Industrial Park 2,239,477 Dieppe Industrial Park
$11.43
$6.79
Caledonia Industrial Park
Caledonia Industrial Park 2,590,629 $10.70
$5.03
Other Greater Moncton
Other Greater Moncton 405,896 $7.13
$0 $3.00 $6.00 $9.00 $12.00
0 1,500,000 3,000,000 4,500,000 6,000,000
Net Gross
Industrial Vacancy Rates
20.0% 17.8%
15.0%
10.8%
10.0%
5.0%
4.2% 4.1%
0%
Moncton Industrial Park Dieppe Industrial Park Caledonia Industrial Park Other Greater Moncton
Source: Q4 2014 Market Report Colliers InternationalEconomic Activity
New Construction Building Permit Values (in $ 1,000)
$400,000
$320,272 $320,090 $319,009
Retail Sales
$304,539
$300,000 $275,109 $276,282 $269,452
$264,359
$200,000
$100,000 $79,224
$0
2006 2007 2008 2009 2010 2011 2012 2013 2014(Jan-May)
Industrial Commercial Institutional & Government Residential Total
Residential Building Construction Permits (# of Units) Retail Sales
2006 633 803 1,436
2007 703 790 1,493
2008 515 760 1,275 $ 2.3B (2013)
2009 474 586 1,060
2010
2011
466
436 886
921
1,322
1,387 $ 2.6B (Projected 2016)
2012 393 973 1,366 Sales per household vs national average
2013 342 659 1,001
2014(Jan-May) 89
0
192 281
750 1,500 2,250 3,000
+17%
Single Multiples Total DwellingsCorporate Taxes
Low Corporate Tax Environment
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.
Provincial Tax Rate Comparison
General Corporate Income Tax Rate (NB)
NS 16.0%
General Rate Manufacturing & Processing PEI 16.0%
YK 15.0%
12.0 % 10.0 %
NL 14.0%
Small Business Income Tax Rate Small Business Qualifier Treshold MAN 12.0%
NB 12.0%
4.5 % $ 500,000 NU 12.0%
SK 12.0%
Payroll Taxes
ON 11.5%
$ nil NWT 11.5%
BC 11.0%
0% 4.0% 8.0% 12.0% 16.0%
2014 Municipal Property Taxes (per $1,000 of assessment) Incentives
City of Dieppe $ 1.5845
City of Moncton $ 1.6500
Town of Riverview $ 1.5626 2014 KPMG Competitive Alternative Study:
Greater Moncton has the lowest overall cost of
doing business in North AmericaSector Profiles
Sector Profile : Finance and Insurance
Summary
In recent years, Greater Moncton has become a finance and In the 2012 KPMG Competitive Alternatives Report,
insurance hub. There are more than two dozen firms serving Greater Moncton featured one of the lowest cost
clients across Canada and beyond. environments for back office and support services
compared to all location in North America and Europe.
The National Bank of Canada has its regional head office here.
The Royal Bank of Canada (RBC) operates a large scale back As one example, the cost of lease Class A office space
office in Moncton providing banking services to clients across was as much as 60 percent lower than other urban
the country and beyond. centres.
One of the leading health and life insurance firms in Canada,
Medavie Blue Cross, has its head office in Greater Moncton. Finance and Insurance
Employment per 1,000 in the overall workforce
There are more 4,400 persons working in the finance and
Toronto, ON 78.1
insurance sector in Greater Moncton – the fourth highest
concentration of finance and insurance employment among Regina, SK 65.8
all urban centres across Canada. Moncton, NB 56.2
Vancouver, BC 50.3
Greater Moncton has become a national customer contact
Winnipeg, MB 48.7
centre for the insurance industry. Firms such as Assumption
Life, Medavie Blue Cross, The Co-operators, Allstate, Intact, Halifax, NS 47.3
Wawanesa and First Canadian Title service markets across Calgary, AB 46.3
Canada from their Greater Moncton facilities. Saint John, NB 37.9
St John’s, NL 35.7
The finance and insurance industry is thriving in Greater
Moncton because of its bilingual workforce, labour
0 20 40 60 80
productivity and its competitive operating cost environment.Sector Profile : Customer Interaction
Summary
In the 1980s, firms began using the telephone as an important Greater Moncton’s educated, bilingual and friendly
tool for customer service. In the 1990s, much of this customer workforce has been ideal for customer interaction and
interaction migrated to the Internet and in the 2000s and the region’s operating cost environment continues to
beyond companies are using the online world to sell and social be among the most competitive in North America for
media to strengthen customer relationships. this sector.
Through this evolution, Greater Moncton emerged as a hub for In the 2012 KPMG Competitive Alternatives Report,
customer interaction. Over two dozen national and international Greater Moncton featured one of the lowest cost
firms use the community as a base to provide high quality environments for back office and support services of
customer services – by telephone or the Web - whatever any location in North America and Europe.
pathway they chose.
Adjusted for size, there are more people employed in Business Support Services
business support services than any other urban centre in Employment per 1,000 in the overall workforce
Canada.
Moncton, NB 33.5
The global courier firm, UPS, has a national back office located
Saint John, NB 28.5
in Greater Moncton. Rogers Communications, one of Canada’s
Halifax, NS 14.6
largest integrated communications and media firms, has a large
customer contact centre in the community. ExxonMobil is one St John’s, NL 12.4
of the largest private sector employers in the region. The firm Winnipeg, MB 7.7
operates a multilingual, business support centre in Greater Toronto, ON 5.5
Moncton serving clients across the western hemisphere.
Regina, SK 4.7
Vancouver, BC 3.1
ING Direct, Asurion, Fairmont Hotels and Resorts and Purolator
Courier are a few of the other firms using Greater Moncton as a Calgary, AB 1.7
hub for customer interaction. 0 10 20 30 40Sector Profile : Information and Communication Technologies
Summary
The ICT industry is thriving in Greater Moncton because of
Greater Moncton has a growing and vibrant information and its ability to attract retain high quality talent, its support
communications technologies (ICT) sector made up of both ecosystem and competitive cost environment.
dynamic, local entrepreneurial firms and international
companies. In the 2012 KPMG Competitive Alternatives Report,
Greater Moncton featured one of the lowest cost
The biggest ICT services firm in Canada, CGI, has a large environments for software development and IT support
development centre in Greater Moncton. Elite, a Thomson services of any location in North America and Europe.
Reuters subsidiary, develops professional services software in
the community. EMC2, a global leader in cloud computing
services, has an operation in Greater Moncton.
Operating Cost Index: Software Design Centre
In addition, a number of the region’s firms in other sectors have US Average = 100
large information technology centres in Greater Moncton.
Medavie Blue Cross has a team of over 200 IT professionals San Francisco, CA 104.7
working in their head office. Bell Aliant, the largest
Boston, MA 101.4
telecommunications firm in Atlantic Canada, has a help desk
and IT support centre in Greater Moncton. Chicago, IL 100.1
Toronto, ON 92.4
These larger companies are complemented by exciting and
entrepreneurial startup firms. Supporting the ICT industry are a Vancouver, BC 92.0
variety of organizations including Venn, an industry catalyst;
Montreal, QC 89.5
Propel ICT – an IT accelerator and Hub City Labs – a not-for-
profit hackerspace for like-minded hackers and geeks. Halifax, NS 87.4
Moncton, NB 84.0
In total, there are over 2,000 people working in the Greater
Moncton ICT industry* and 2,400 people working in computer 0 27.5 55.0 82.5 110.0
and information systems occupations.Sector Profile : Gaming and animation
Summary
Greater Moncton is home to a growing cluster of gaming and Supporting the cluster is BMM Testlabs, the longest
animation firms. The ecosystem is anchored by Casino New established and most experienced private independent
Brunswick, the second largest casino and gaming facility in gaming certification lab in the world.
Atlantic Canada with over 200 employees. The facility draws
players from all across the Maritime Provinces. The local and provincial government have targeted Greater
Moncton as a Centre of Excellence for Gaming and
The Atlantic Lottery Corporation has its head office in Greater Animation. This will include a wide range of investments to
Moncton. It’s more than 350 staff are involved in the ensure this sector remains a growth engine for the regional
development and delivery of gaming products and services economy.
across Atlantic Canada.
Greater Moncton is also home to IGT, a world leader in the
design, manufacture, and distribution of high performance and
innovative gaming machines, game software, and solutions.
IGT 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.Sector Profile : Transportation and Logistics
Summary In addition, the GMIA largest courier hub in Atlantic Canada
Located at the geographic centre of the Maritime Provinces, with FedEx Express Canada, Purolator and UPS all using the
Greater Moncton has become a hub for transportation and airport as a base for regional distribution.
logistics services in Atlantic Canada.
Rail cargo
There are over 300 firms active in the transportation, logistics CN operates an intermodal terminal in Greater Moncton
and warehousing sector in Greater Moncton. In total, these firms that provides rail shipping connection across North
employ more than 5,100 people. Adjusted for population size, America. All rail traffic through the Port of Halifax is
there are more people working in the transportation, logistics shipped through Greater Moncton. The CN line to Saint
and warehousing sector in Greater Moncton than any other CMA John connects with NB Southern Railway for additional rail
across Canada. connections into the United States.
Transportation firms
Greater Moncton is the head office location for two of Canada’s Transportation and warehousing
largest road transportation firms: Armour Transportation and Employment per 1,000 in the overall workforce
Midland Transportation as well as more than a dozen other
national firms. Moncton, NB 65.7
Calgary, AB 56.0
Regional distribution centres
Vancouver, BC 55.1
There are 27 different firms in the Greater Moncton area with
warehousing operations including two offering refrigerated Winnipeg, MB 53.7
storage services. Toronto, ON 50.1
Montreal, QC 48.9
Air cargo
Regina, SK 43.5
The Greater Moncton International Airport is an important air
Saint John, NB 42.1
cargo hub in the Maritime Provinces loading and unloading
25,300 metric tonnes of cargo in 2012. St. John’s, NL 39.8
0 17.5 35.0 52.5 70.0
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.Sector Profile : Manufacturing
Summary
There are more than 190 manufacturing firms located in
Greater Moncton. The manufacturing sector built up around the Operating Cost Index: Manufacturing
community’s geographic strengths, competitive costs and a US Average = 100
history of dynamic entrepreneurship.
104.1
San Francisco, CA
There are more than 5,000 people employed in the sector Boston, MA
101.2
making it the third largest manufacturing centre in Atlantic 99.0
Chicago, IL
Canada.
97.7
Vancouver, BC
Food manufacturing is particularly strong with 29 establishments Toronto, ON
96.9
and 1,300 employees. Molson Coors operate a regional 96.1
Montreal, QC
brewery in the community. Amcor and Pepsi provide bottling
95.7
services for regional markets in Atlantic Canada. Other food Halifax, NS
manufacturers including Fancy Pokket and Bonte Foods have 95.5
Moncton, NB
production facilities that service a regional clientele. 95.0 97.5 100.0 102.5 105.0
Wood and paper related manufacturing employs more than
1,500 workers in Greater Moncton. This segment of the industry Industry No of Establishments % of total
is anchored by Irving Consumer Products and Norampac. Total Manufacturing Establishments 196
Food and Beverage Manufacturing 29 14.8%
There are also more than 800 people employed in metal 20 10.2%
Wood and Paper Products
fabrication and equipment manufacturing with Apex Industries
Metal Fabrication 25 12.8%
and IGT as the two largest players.
Machinery and Computer Equipment Manufacturing 17 8.7%
Furniture 16 8.2%
In the 2012 KPMG Competitive Alternatives Report, Greater
Medical Equipment 10 5.1%
Moncton featured one of the lowest cost environments for
Other 79 40.3%
manufacturing operations compared to any location in North
America and Europe.Sector Profile : Professional Services
Summary Opera&ng cost index: Professional services
The professional services sector is an important part of the US average = 100
regional economy. There are more than 3,300 employed in the
sector and increasingly the industry is serving clients well beyond San Francisco, CA
105.1
the borders of Greater Moncton. 100.7
Boston, MA
99.8
There are engineering firms working on projects across Canada Chicago, IL
and beyond from their location in Greater Moncton. In fact, New Vancouver, BC
87.0
Brunswick as a province has one of the most export-intensive 89.3
Toronto, ON
engineering sectors in Canada. Many of Canada’s leading firms
81.7
have operations in Greater Moncton including Hatch Mott Montreal, QC
MacDonald, EXP, MCW Maricor, WSP Global and Stantec. Halifax, NS
77.7
75.1
Moncton, NB
Greater Moncton’s Architectural services firms also work on
0 27.5 55.0 82.5 110.0
projects across Canada and beyond. A number of firms take
advantage of the region’s labour pool to provide computer
Industry # Establishments % of total
services and technical help desk support.
Total Professional Services Establishments 704
Greater Moncton also has one of the largest communities of Legal Services Firms 120 17.0%
professional translators among urban centres across Canada. Accounting, Bookkeeping & Payroll Services 91 12.9%
Among all urban centres across Canada, only Ottawa and Architectural Services 17 2.4%
Montreal have a higher percentage of professional translators and Engineering Services 56 8.0%
interpreters in the workforce compared to Greater Moncton. Drafting, Surveying and Testing Services 23 3.3%
Industrial and Graphic Design Firms 35 5.0%
The professional services industry in Greater Moncton benefits R&D, Scientific, and Technical Consulting Establishments 109 15.5%
from lower operating costs, access to a high quality and bilingual Advertising and Public Relations 40 5.7%
workforce able to service clients in both English and French. Translation and Interpretation Services 24 3.4%
Other 189 26.8%About the 3+ Corporation
About the 3+ Corporation
We 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.
&
Contact Information:
3+ Corporation
1273 Main Street
Suite 250
Moncton, New Brunswick E1C0P4
Canada
Phone: 506-858-9550
Toll Free: 1-888-577-0000
International: 00 1* 506 858 9550 www.3plus.caYou can also read
