Low taxation, high quality of life
Greater Moncton, the "hub of the Maritimes," boasts a bilingual (English and French) labour force coupled with low taxation rates and a superb quality of life.
KPMG's Competitive Alternatives Study (PDF, 902KB) – recognized Greater Moncton as the #1 place to do business in Atlantic Canada and New England.
It has also been named one of the world's 2009 Top 7 Intelligent Communities by the Intelligent Community Forum (ICF).
The 2009 Cushman & Wakefield LePage Marketbeat Report says the new $90 million casino, the new $50 million courthouse, the new $40 million shopping complex on Mapleton Road and the new $20 million track and field stadium should send economic growth figures soaring.
"While other North American cities are facing economic troubles, Metro Moncton might even have a record year in 2009," the report says.
Greater Moncton has been designated by the Canadian Real Estate Association one of the "Top Five Safe Havens" for real estate investment in Canada in 2009.
The area's steady historic economic, population and real estate market growth combine to help Greater Moncton achieve the national notice.
The Canadian Real Estate Association identified the top five factors of a safe haven to be:
- Diversified economic base
- Increasing average home prices
- Growing population and migration patterns
- Demand for rentals
- A large baby boomer sector