Business Advantages Moncton identifies several key factors that position Moncton, with its business cost and location advantages, as the choice Canadian business location for expansion and relocation including:
- Moncton offers business an advantage with a local work force demographic profile that is not only trained, experienced and reliable, but bilingual.
- Another advantage of Moncton as a business location is our low cost of living as noted by KPMG in their bi-annual Competitive Alternatives study, which has consistently ranked Moncton in the top of Canadian cities and as #1 in 2012.
- A level of technological development, especially with regard to information and data processing, that makes the conduct of nationwide business entirely feasible from Moncton. Several major national and international companies in the information and data processing industry sectors have chosen Moncton as their business location in Eastern Canada.
- A calculator for business location cost comparisons by several industry sectors, including a Moncton call centre location as an example is available in the Planning Tools section.
- Current costing information includes the selection of a specific building size and square footage as well as the respective tax burdens and principal location costs. These cost scenarios by industry sector and location include: Boston, Halifax, London, and Mississauga, which are dynamically calculated online in comparison with Moncton.
- Moncton has long been a viable business location for enterprises like Co-op Atlantic, Medavie Blue Cross and Assumption Life.As well as a host of companies in the industrial parks such as Amcor, Norampac and Pepsi-Cola Canada.
- In recent years, Moncton has continued to attract several companies for distribution, manufacturing, regional sales offices and national "back-offices" and call centres. Companies such as Asurion, CGI, Fairmont Hotels & Resorts, Federal Express, and Purolator Courier.The Royal Bank chose Moncton for their Royal Direct Call Centre, which is located in the Moncton Industrial Park.Also BBM canada, Exxon Mobil and OAO Technologies call Moncton home.
- In the newly expanded Caledonia Industrial Estates; several new companies have established new facilities such as Shoppers Drug Mart, Loblaw Atlantic, Kohl & Frisch, Kraft Canada, Atlantic Tractors & Equipment, and Al-Pack Enterprises.
- Major new investments have taken place in Caledonia Industrial Estates for new manufacturing facilities by Irving Personal Care Ltd., Nutrico/Shur-Gain and most recently by Molson with their first new brewery in 50 years.
Summary of Business Location Cost Advantages, Demographics of Moncton for Business
- Harmonized Sales Tax (HST), means full input tax credits on business purchases;
- Among the lowest Workers Compensation rates in Canada;
- No payroll tax in Moncton, as well as no business improvement tax;
- No business occupancy tax in Moncton as a competitive business location. Moncton offers competitive personal tax rates; and
- Business cost summary assists in completion of comparative business case scenarios and business plans.
- The labour workforce in Moncton is comprised of more than 79,900.
- The workforce is reliable and loyal with very low turnover rates. Less than 3% is not uncommon. In a ten year study by Statistics Canada on turnover rates, New Brunswick as a whole had a rate of 5%. Low turnover means lower costs. For this reason major companies have already chosen Moncton as their Eastern Canada business location.
- Moncton and New Brunswick enjoy a cost of living that is slightly below the national average, and this results in labour costs that are more attractive than in most Canadian cities. Compare the labour force costs here with comparative labour rates for major business locations.
- Approximately 40% of the workforce is bilingual.
- Demographics profiles show Moncton's extensive and fluent bilingual workforce, as well as population breakdown and details.
- Moncton has two proven industrial parks.
- The Moncton Industrial Park and Caledonia Industrial Estates - with lot prices ranging from $30,000 to $90,000 per acre.
- Moncton's two main industrial parks are the most successful in New Brunswick, with over 375 companies of varying sizes and employing approximately 9,000 people.
- Check out the current listing of existing companies that have chosen Moncton as their business location.
- Emmerson Business Park is designed for a wide variety of office type developments.
- Visit the Moncton Industrial Park and the new Moncton Industrial Park West in Moncton's west end location off Wheeler Blvd.
- Visit the Caledonia Industrial Estates in Moncton's north end, strategically located along The Trans-Canada Highway, Route 2 with convenient, nearby connections to Highways 15 East and Route 11 North.
Hub of the Maritimes:
- Moncton is at the geographic centre of the Maritimes offering a business advantage in location as a central distribution point.
- Approximately 75% of the population of the Maritimes is within a 3 hour drive of Moncton.
- The Trans Canada Highway, the principal road network in the region runs through Moncton adjacent to Caledonia Industrial Estates.
- CN’s rail yards and Intermodal System are situated in the city’s west end adjacent to Moncton Industrial Park. Convergence of highway network, rail lines and regional air service positions Moncton as the geographic transportation "Hub of the Maritimes".
- Several freight transport companies have major terminals in Moncton and in some cases their head office operations.
- Moncton has a fog-free airport resulting in fewer weather delays than any other airport in the region. The airport is now operated under a locally controlled Greater Moncton Airport Authority. A new airport terminal was opened in October, 2002.
- Moncton Airport is served by Air Canada, Porter Airlines, WestJet and Continental Express.
- Purolator Courier and Federal Express each operate new facilities at the Moncton Airport.
- Moncton on the map illustrates the central location of Moncton within the Maritime Provinces and confirms one of Moncton's key advantages for business. Location.
- Bell Aliant Telecom is 100% digital, the first in North America; and
- The fibre optics spine circles the entire province.
- Education and higher learning facilities assist in positioning Moncton and its educated labor force as an advantage offered by Moncton.This includes:
- Université de Moncton. In addition to its usual courses the university has various research centres such as Energy Conversion, Environmental Sciences and Food. It also has established Chairs in Sustainable Development and in Electrical Engineering.
- Crandall University operates from its Moncton campus in the city's north end. Crandall offers a four year Bachelor of Arts program.
- Mount Allison University in Sackville is just 25 miles from Moncton. It has been ranked several times as number one by Macleans Magazine for small colleges in Canada.
- Elementary, Junior High and Senior High Schools offer a French and English language system. The English system also offers a French immersion program at most of the schools.
Technical Skill Sets:
- A labor force that is well trained in technical skill sets is another Moncton business advantage and these local training facilities include:
- The New Brunswick Community College has two campuses in Greater Moncton, one English and one French. In addition to their regular education programs, the colleges undertake contract training tailored to the specific needs of the company.
- Several private business colleges operate in Moncton offering a variety of training skills.
- Life after business is a rich and vibrant Moncton has it all from cottages, ocean water and coastlines for recreation, as well as an active arts and cultural life.
- Moncton quality of living advantages include:
- Reasonable cost of housing. On average housing in Moncton costs at least 50% or more lower than for comparable houses in Toronto.
- The cottage country along the Northumberland Strait is only twenty minutes from Moncton.
- Recreation - two national parks within 60 miles (100 km) with beaches and sailing twenty minutes away.
- Golf - there are several golf courses in the Moncton area of championship quality. Royal Oaks was designed by renowned course architect Rees Jones and is on the city’s north side near Caledonia Industrial Estates.
- Centennial Park - is located centrally in the city and offers tennis, hiking/skiing trails, swimming, skating, lawn bowling and playgrounds.
- Capitol Theatre – is a beautifully restored theatre in downtown Moncton. It offers productions from Theatre New Brunswick, Symphony New Brunswick and various entertainers and local theatre groups.
Best Location for BusinessAll of these reasons and more make Moncton a great strategic business location. Look into Moncton as a location for your next business venture. That is why when some asks what is the best business advantage for any company looking for a strategic business location in Atlantic Canada, the answer we provide is always the same - location, location, location - Moncton.
650 Frenette Ave.
Caledonia Industrial Estates
Lot Number: 08-14
Lot Size (hectares): 2.01
Lot Size (acres): 4.97
If you cannot find exactly what you are looking for, call us and we'll help out.
Moncton Industrial Development
655 Main Street
Moncton, NB E1C 1E8, Canada
Phone: (506) 857-0700