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Dieppe
Moncton
Riverview

Community Profile

Greater Moncton Profile
Population (tri-counties)198,860
Population (Greater Moncton)126,424
Population (15 years and older)164,700
Labour Force107,500
Employed98,800
Unemployed8,700
Unemployment Rate8.1%
Participation Rate65.3%
Percent Bilingual51.4%
Number of Community College Grads (yearly)720
Number of University Grads (yearly)1,436
Community College and Private College Enrolment2,043
University Enrolment4,528
Post-Secondary Educated59%

 

Lease Rates

Moncton

Range

Most Common

Industrial$3.50/sq.ft - $6.50/sq.ft.NNN$4.50/sq.ft.NNN
Commercial$5.50/sq.ft - $8.50/sq.ft.NNN$7.50/sq.ft.NNN
Office$6.00/sq.ft - $16.00/sq.ft.NNN$10.00/sq.ft.NNN

 

Cost of Construction (Office)
10,000 sq.ft.$80.00/sq.ft.
20,000 sq.ft.$75.00/sq.ft.
30,000 sq. ft.$70.00/sq.ft.

 

Industrial Park Land Costs
 Price per acre
Open Industry$18,000
Open Industry (2)$22,000
Traditional$28,000
High Standard$40,000
Premium$52,000
Premium (2)$56,000
Commercial$40,000
Commercial (2)$50,000
Commercial (3)$66,000

 

Taxation
Provincial Tax Rates
Small Business5.0%
Large Business13.0%
Rate charged per $100/assessment
Municipal Property Tax$2.4788
Provincial Property Tax $2.27
Occupancy Tax Nil
Local Improvement TaxNil
Taxes on Property Transactions50% capital gains tax
Source: NB dept of Finance
Average Occupation Wages (Source: Stats Canada Wage Report)
Average ANNUAL salary in CND dollars of:
Administrative Assistant$25,300
Entry Level Manager$36,800
Middle Manager$51,750
Senior manager$71,760
Manual Worker (hourly rate)$13.66
Greater Moncton – Cost Effective
Average electricity tariff for business/industrial users(CND$/kWh) – $ 0.0792
Average water tariff for business/industrial users(CND$/m3) - $ 0.465
Average unleaded fuel cost$ 1.15 CND per liter
Average diesel fuel cost$ 1.25 CND per liter

 

Other Information
Availability of fiber, digital lines and high speed internetwidespread availability for both
Transportation Access:  
  1. Greater Moncton International Airport
Passenger carriers include; Air Canada Jazz,  WestJet and Continental Express
  1. Scheduled rail service
Via Rail and CN run through the Greater Moncton region
  1. Major road systems
Trans-Canada Highway 2 runs through the Greater Moncton region
Funding:
  1. Incentive / Public Funding Access
Province of New Brunswick provides negotiated assistance
  1. Describe available Incentive Programs / Opportunities
Primarily related to the number of jobs created
Nearby CommunitiesDieppe, Riverview, Salisbury, Shediac, Sackville
Community Contact InformationÉric N. Pelletier
Manager, Investment Attraction & Community Relations
Phone: 506.858.9550 X 106
Cell: 506.961.0806
Toll Free:  1.888.577.0000
eric.pelletier@greatermoncton.org