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.
The New Brunswick Advantage
No other location in North America combines as many business advantages or offers greater life satisfaction.
Low operating costs
New Brunswick is often revered as a highly cost-competitive jurisdiction in Canada, largely due to the province's low operating costs, corporate tax landscape, and costs of living.
New Brunswick offers a skilled talent pool, with 15 universities in the Maritime region producing over 15,000 graduates (4,000 from New Brunswick) 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 one of Atlantic Canada's largest seaports, the province provides the closest proximity to Europe and same-day access to more than 100 million North American consumers.
Quality of life
A 2018 Conference Board of Canada study found New Brunswick has the best quality of life in Canada. New Brunswick ranks first in Human Capital and Lifestyle (American Cities of the Future, 2017), and Canada is #2 in Best Countries Overall and #1 in Quality of Life (2020 World News Report). Surrounded by beaches, lakes and parks, the province offers natural beauty, a vibrant culture, low living costs, 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, 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. If you're thinking of starting a business here, our Business Navigators can help you navigate required regulations and connect you to other resources needed to get started.
New Brunswick is an entrepreneurial mecca and one of Canada's most robust startup communities. Six of 8 Startup Canada 2019 Atlantic Region awards went to New Brunswick-based winners. Fredericton has twice been named one of world’s Top Seven Intelligent Communities. 2019 launched the inaugural Startup Festival Week NB – a week-long celebration of our entrepreneurial community.
28 - 30 2020
29 - 01 2020