Opening a Business

The Greater Moncton Area, for five straight years has been named by Canadian Business magazine in their list of “Top 10 Best Places to do Business in Canada.” The region offers a cost‑competitive business environment and one of the top growing metropolitan economies in Canada. It is the centre of the Atlantic Trade Gateway, conveniently located halfway between the west coast of the United States and Europe, making it a strategic global hub. Greater Moncton’s low‑cost business environment gives your business an immediate advantage.

Tech Startups Resources

A variety of organizations are supporting entrepreneurial startup firms in the vibrant information and communications technologies sector.

In the 2017 KPMG Competitive Alternatives Report, Greater Moncton featured one of the lowest cost environments for software development and IT support services of any location in North America and Europe. Here is a list of tech startup resources. 

Entrepreneurship

You may want to open your own business.
There are many programs and services in
New Brunswick to help new business owners. You can take training courses and learn all the steps needed to run a business such as accounting, marketing, networking and investing.

Networking

Business Networking is a valuable way to expand your knowledge, learn from the success of others, attain new clients and tell others about your business.

Key Economic Sectors

Greater Moncton is sustained by a number of key economic sectors creating a wideranging business landscape. The key economic sectors for the Greater Moncton area are manufacturing, finance and insurance, gaming and animation, information and communications technologies (ICT), professional services, tourism, and transportation and logistics.

Finance
In the finance sector, the Greater Moncton area is home to more than a dozen firms serving clients across Canada and beyond. Among them is The National Bank of Canada which has its regional head office here. Overall there are more than 4,400 persons working in the finance and insurance sector in Greater Moncton, the fourth highest concentration of finance and insurance employment among all urban centres across Canada.

Insurance
One of the leading health and life insurance firms in Canada, Medavie Blue Cross, has its head office in Greater Moncton. Greater Moncton has become a national customer contact centre for the insurance industry as well. Such firms as Assumption Life, Medavie Blue Cross, The Co-operators, Allstate, Intact, Wawanesa and First Canadian Title service markets across Canada from their Greater Moncton facilities.

Transportation
There are more than 300 firms active in the transportation, logistics and warehousing sector in Greater Moncton and they employ more than 5,100 people. Adjusted for population size, there are more people working in the transportation, logistics and warehousing sector in Greater Moncton than any other CMA across Canada. Greater Moncton is the head office location for two of Canada’s largest road transportation firms: Armour Transportation and Midland Transportation. There are 27 firms in Greater Moncton with warehousing operations. The Greater Moncton Roméo LeBlanc International Airport (GMRLIA) ranks 10th among airports across Canada for the total amount of cargo handled. Adjusted for population size, the GMRLIA handles more cargo than any other airport in Canada. CN operates an intermodal terminal in Greater Moncton that provides rail shipping connections across North America.

Information Technology
In the Information and Communications Technology Sector, Greater Moncton is home to a development centre for CGI, the biggest ICT services firm in Canada. Elite, a Thomson Reuters subsidiary, develops professional services software in the community. EMC2, a global leader in cloud computing services, has an operation in Greater Moncton. Medavie Blue Cross has more than 200 IT professionals working in their head office here, and Bell Aliant has a help desk and IT support centre in Greater Moncton.

Back Office Outsourcing
Greater Moncton’s pool of bilingual and highlyskilled workers has helped it become a major centre for backoffice outsourcing as well. For example, The Royal Bank of Canada (RBC) operates a large scale back office in Greater Moncton providing banking services across the country and beyond.

Manufacturing
There are more than 190 manufacturing firms located in Greater Moncton and they employ more than 5,000 people, making it the third largest manufacturing centre in Atlantic Canada. Food manufacturing is particularly strong with 29 establishments and 1,300 employees. Molson Coors operates a regional brewery in the community and Amcor and Pepsi provide bottling services for regional markets in Atlantic Canada. Wood and paper related manufacturing employs more than 1500 workers in Greater Moncton, anchored by Irving Consumer Products and Norampac. More than 800 people work in metal fabrication and equipment manufacturing with Apex Industries and SPIELO as the two largest players.

Gaming and Animation
Greater Moncton is home to a growing number of gaming and animation firms. The ecosystem is anchored by Casino New Brunswick, the second largest casino and gaming facility in Atlantic Canada with more than 200 employees. The Atlantic Lottery Corporation has its head office in Greater Moncton and has a staff of more than 350 people. The area is also home to SPIELO, a world leader in the design, manufacture and distribution of high performance and innovative gaming machines. It has over 400 employees and is part of the Lottomatica Group, one of the largest lottery operators in the world.

Professional Services
There are more than 3,300 people employed in the professional services sector in Greater Moncton. New Brunswick as a province has one of the most export-intensive engineering sectors in Canada, and many come out of the Greater Moncton area. Some of Canada’s leading firms have operations in the tricommunity area including Hatch Mott MacDonald, EXP, MCW Maricor, WSP Global and Stantec. There are a number of architectural services firms working out of Greater Moncton and the area has one of the largest communities of professional translators among urban centres across Canada.

Tourism
Greater Moncton has a network of familyfriendly trails and parklands, as well as a wide array of golf courses, restaurants and many performing arts experiences. The Magnetic Hill family entertainment complex with a water park and zoo is a major attraction, and Treego provides adventures in Centennial Park.

The Kouchibouguac National Park, Le Pays de la Sagouine and enhancements made to La dune de Bouctouche only begin to tap into the incredible development potential of this region.

Parlee Beach in Shediac, one of New Brunswick’s most popular tourist venues, attracts more than one million visitors per year. During peak season, it can boast more than 25,000 people per day alone.

The Bay of Fundy is a tourism icon with the Hopewell Rocks, Fundy National Park, Mary’s Point and Cape Enrage all offering visitors an unforgettable experience. As well, six golf courses are identified across the region. The Poley Mountain ski resort provides wintertime recreational opportunities as do the extensive crosscountry ski trails and groomed snowmobile trails throughout the region.

To learn more about key economic sectors and the local business climate go to 3+ Corporation's website and the Greater Moncton Chamber of Commerce's website

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Real-Estate Agents

Greater Moncton REALTORS® du Grand Moncton has more than 300 real estate professionals as Members; including licensed real estate salespeople, real estate lawyers, property appraisers, mortgage lenders, home inspectors and insurance agents.

Spa Business Dream Realized

Spa Business Dream Realized

“I am so pleased with the support I received to guide me in opening my new business in Moncton after I arrived here from the Ukraine. I was able to access the 3+ Immigrant Entrepreneur Services and that was enhanced with the insight I gained with the City of Moncton. My company, Moka Spa Salon, is now operating at 1855 Mountain Road, Unit 5, in Moncton and I am delighted to welcome new customers every day.”

Svitlana Ternavska