How we help
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
Median age
44.4 Years
Total population increase**
3,284
*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
10.2%
+0.8% YOY
Labour force participation rate
63.4%
+2.3% YOY
Median Total Income
$42,050
+2.6% YOY
Minimum wage
$11.75/hour
+37.6% since 2010
Public University Enrolment*
Total
6,287
+2.4% YOY
Public University Enrolment*
International Students
967
+10.3% YOY
*Mount Allison University and Université de Moncton Campus de Moncton
† nbjobs.ca/stats/hiringdemand/southeast
Building permit values – non-residential*†
$2,327,000
+1% YOY
Building permit values
– residential*†
$21,041,000
+10.7% YOY
Vacancy rates –
commercial*
9.6%
+1.8% YOY
Vacancy rates –
residential*
2.70%
0.3% YOY
Rent –
commercial*
$25.21/psf
+1.5% YOY
Average apartment rent
– residential*
$896/month
+7.8% YOY
*Greater Moncton CMA
† Represented in thousands
Active Businesses*
3,865
-0.2% YOY
Net monthly business openings/closures*†
34 net openings
GDP*
$7.5 billion
-3.7% YOY
International Export value*
$3.5 million
-1.4% YOY
Top industries by employment
Wholesale and retail trade
16.3%
Health care and social assistance
15.4%
Manufacturing
7.8%
Top occupations by employment
Sales and service
occupations
28.8%
Business, finance and
administration occupations
16.2%
Trades, transport and equipment operators
and related occupations
13.8%
*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
$7.5 billion
-3.7% YOY
Retail sales (provincial)
$1.2 billion
+2.5% YOY
CHANGE IN UNEMPLOYMENT RATE*
+0.8%
Change in Labour Force Participation Rate*
+2.3%
*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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