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We are dedicated to promoting our cities’ economic development initiatives and tools to the business community. Our team is the first point of contact for companies and entrepreneurs looking to start-up, relocate or expand in Greater Moncton.

Greater Moncton Dashboard

Data refers to the Southeast New Brunswick region unless otherwise specified. Southeast New Brunswick includes Westmorland, Albert, and Kent counties.

Population

226,082

+1.5% YOY

2020 | Statistics Canada

Median age

44.4 Years

2016 | Statistics Canada

Total population increase**

3,284

2019-2020 | Statistics Canada 

Permanent Resident Admission*

750

+150% YOY

Q3 2021 | IRCC

*Greater Moncton CMA: indicates number of permanent residents admitted to Canada with Greater Moncton as their CMA of intended destination
** 2018/2019 represents July 2018-June 2019

Unemployment rate

7.4%

-0.9% YOY

October 2021 | Statistics Canada

Labour force participation rate

66.9%

+2.5% YOY

October 2021 | Statistics Canada

Median Total Income – Couples

$90,770

+1.6% YOY

2019 | Statistics Canada

Minimum wage

$11.75/hour

+37.6% since 2010

2020 | GNB

Public University Enrolment*
Total

6,287

+2.4% YOY

2019-2020 | Maritime Provinces Higher Education Commission

Public University Enrolment*
International Students

967

+10.3% YOY

2019-2020 | Maritime Provinces Higher Education Commission

Bilingual Population
(English/French)

50.6%

2016 | Statistics Canada

Working-Aged Population with
Post-Secondary Education

63.7%

2016 | Statistics Canada

Job
Postings†

5,338

+59.7% YOY

Q3 2021 | Vicinity

*Mount Allison University and Université de Moncton Campus de Moncton
nbjobs.ca/stats/hiringdemand/southeast

Building permit values – non-residential*†

$54,004,000

+297.0% YOY

October 2021 | Statistics Canada

Building permit values
– residential*†

$10,157,000

-68.1% YOY

October 2021 | Statistics Canada

Vacancy rates –
commercial*

11.1%

+1.0% YOY

Q2 2021 | Cushman Wakefield

Vacancy rates –
residential*

2.7%

0.3% YOY

2020 | Statistics Canada

Rent –
commercial*

$25.18/psf

0.0% YOY

Q2 2021 | Cushman Wakefield

Average apartment rent
– residential*

$896/month

+7.8% YOY

2020 | CMHC

Housing
starts*

161

+89.5% YOY

October 2021 | CMHC

AVERAGE
HOME PRICE*

$291,200

+34.8% YOY

October 2021 | CREA

*Greater Moncton CMA
† Represented in thousands

Active Businesses*

3,918

+4.1% YOY

July 2021 | Statistics Canada

Net monthly business openings/closures*†

3 net closures

July 2021 | Statistics Canada

GDP*

$7.7 billion

+3.8% YOY

Q1 2021 | Conference Board of Canada

International Export value*

$538.4 million

+53% YOY

2020 | Statistics Canada

Top industries by employment

Wholesale and retail trade

16.3%

2016 | Statistics Canada

Health care and social assistance

15.4%

2016 | Statistics Canada

Manufacturing

7.8%

2016 | Statistics Canada

Top occupations by employment

Sales and service
occupations

28.8%

2016 | Statistics Canada

Business, finance and
administration occupations

16.2%

2016 | Statistics Canada

Trades, transport and equipment operators
and related occupations

13.8%

2016 | Statistics Canada

*Greater Moncton CMA
† Experimental data – interpret with caution.
Net business openings indicates business openings minus business closures. Business closures indicates the number of businesses that previously had a positive number of employees and now have zero employees. Closures are not necessarily permanent.

GDP

$7.7 billion

+3.8% YOY

Q1 2021 | Conference Board of Canada

Retail sales (provincial)

$1.3 billion

+9.3% YOY

August 2021 | Statistics Canada

CHANGE IN UNEMPLOYMENT RATE*

-0.9%

October 2020 – October 2021 | Statistics Canada

Change in Labour Force Participation Rate*

+2.5%

October 2020 – October 2021 | Statistics Canada

NET MONTHLY BUSINESS OPENINGS/CLOSURES**

94 net openings

March 2020 – July 2021 | Statistics Canada

*Greater Moncton CMA
**Experimental data – interpret with caution.
Net business openings indicates business openings minus business closures. Business closures indicates the number of businesses that previously had a positive number of employees and now have zero employees. Closures are not necessarily permanent.

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