Why Do Business Here?
A skilled workforce. Low operating costs.
And world-leading quality of life.
Why locate your business anywhere else? New Brunswick checks all the boxes, including a strategic nearshore location, the lowest operating costs in Canada, a skilled and bilingual talent pool, and a truly enviable lifestyle.
Our Value Proposition
No other location in North America combines as many business advantages or offers greater life satisfaction.
Low operating costs
According to KPMG, New Brunswick cities offer the lowest operating costs in Canada and the United States. From corporate taxes to office space to utilities to labour, businesses in New Brunswick enjoy overall savings of 18% compared to the G7 average.
New Brunswick offers a skilled talent pool, with 15 universities in the Maritime region producing nearly 16,000 graduates each year. And with an average job tenure that's double the US average, you'll benefit from a stable and committed workforce.
We offer payroll rebates, direct loans for capital expenditures or working capital, and loan guarantees to increase borrowing ability for working capital. Businesses can also receive non-repayable contributions for economy-boosting capital projects.
New Brunswick is ideal for businesses that export to or do business with Canada, the US, or the wider world. Home to Atlantic Canada's largest seaport, the province provides the closest proximity to Europe and same-day access to more than 100 million North American consumers.
Quality of life
New Brunswick earns an "A+" on life satisfaction, placing it ahead of Switzerland as the best-performing peer country. Surrounded by beaches, lakes and parks, the province offers natural beauty, a vibrant culture, a low cost of living, and a diverse and welcoming community.
New Brunswick facilitates innovative partnerships between post-secondary institutions and the business community to provide customized business-training programs. Programs have been developed for Salesforce, BMM Testlabs, KPMG, and many more.
New Brunswick boasts Canada's fastest Internet access and a vast fibre optic network that act as a cross-provincial hub. The province is also home to the Hibernia Fibre Centre and F6 Networks that connect North America to Europe and Eastern Canada to the eastern US.
When you locate your business to New Brunswick, you receive the support and guidance of a dedicated business-development executive to help you navigate the options, connect to opportunities, build a workforce, establish a presence in the province, and achieve success.
New Brunswick is an entrepreneurial mecca and one of Canada's most robust startup communities, with a capital city named the “2016 Startup Community of the Year” by Startup Canada and a university named Post-Secondary Institution of the Year at the 2014 Startup Canada Awards.