Cost

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Business costs are lower in New Brunswick

New Brunswick was named the lowest business cost location in Canada and the U.S in KPMG’s 2016 Competitive Alternatives study.

KPMG compared 101 cities in North America, Europe and Asia Pacific for business competitiveness.

It’s not only KPMG that recognizes the cost advantage of doing business in New Brunswick, Site Selection magazine ranked New Brunswick second in Canada for investment competitiveness.

Low taxation rates

Low labour costs

General labour costs are the most competitive in Canada and the United States – 33 per cent lower than the U.S., 8 per cent lower than the rest of Canada and 21 per cent lower than the G7 average.

Inexpensive facilities

Customized incentives and business-friendly tax credits

Tap into customized, low-risk incentives, including loan guarantees, employee training, millions of dollars for innovation and R&D, plus generous federal and provincial tax credits. In fact, New Brunswick’s R&D tax regime and cost benefits can be the most generous in Canada.

Affordable energy

NB Power offers attractive energy rates for commercial and industrial customers.

Financial assistance

The New Brunswick government offers a variety of financial incentives to attract new businesses to the province.

Contact our Business Development Executives for an incentive package tailored to your requirements.

Daniel Laplante

Director of Engineering, Technical Design and Estimation

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