Fredericton
Quick Facts
Province: New Brunswick (Capital City)
Population: 125,000
Savvy investors already know why Fredericton was named the “Best City for Business” by Canadian Business Magazine. Home to a skilled workforce and a wealth of innovation and expertise, Fredericton is currently experiencing a prolonged “boom” with the highest level of building activity in history. World-class education and research facilities, a sophisticated commercial environment and a strong entrepreneurial spirit are just a few reasons why there is one business for every fourteen people in this east coast capital.
Key Advantages
- Named “One of the Best Cities for Export” by the Globe & Mail Report on Business
- 70% of the province’s knowledge based industry can be found in this city as well as the largest cluster of engineers per capita in Canada
- Named one of the worlds top 7 Intelligent Communities of 2008 for its commitment to digital democracy and for being the first city in Canada to offer free wireless internet service
- Tax credit programs such as the Small Business Investor Tax Credit¸ the Federal Investment Tax Credit Program and the R&D Tax Credit
- Over 50 R&D affiliations, including the National Research Council
- Two highly acclaimed universities and several training colleges produce a skilled workforce
- Easy driving distance to Montréal and major US north-south highways
- Short commutes, a low crime rate, affordable housing and the lowest property tax rate in New Brunswick
Sector Strengths
- Bio-science
- Culture and tourism
- Forestry and industry
- Agriculture
- Light manufacturing
- Consulting engineering
- Information and communication technology
- Aerospace and defence
- Business process and outsourcing
- Warehousing and distribution
