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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*

175

-58.3% YOY

Q4 2020 | IRCC

Quarterly Economic Report

Q1 2021

*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

April 2021 | Statistics Canada

Labour force participation rate

63.4%

+2.3% YOY

April 2021 | Statistics Canada

Median Total Income

$42,050

+2.6% YOY

2018 | 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

Job
Postings†

4,077

+23.2% YOY

Q1 2021 | Vicinity

Monthly Labour Report

*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

March 2021 | Statistics Canada

Building permit values
– residential*†

$21,041,000

+10.7% YOY

March 2021 | Statistics Canada

Vacancy rates –
commercial*

9.6%

+1.8% YOY

Q4 2020 | Cushman Wakefield

Vacancy rates –
residential*

2.70%

0.3% YOY

2020 | Statistics Canada

Rent –
commercial*

$25.21/psf

+1.5% YOY

Q4 2020 | Cushman Wakefield

Average apartment rent
– residential*

$896/month

+7.8% YOY

2020 | CMHC

Housing
starts*

9

+50.0% YOY

February 2021 | Statistics Canada

AVERAGE
HOME PRICE*

$251,000

+32.4% YOY

March 2021 | CREA

Greater Moncton and
Southeast New Brunswick

By The Numbers

*Greater Moncton CMA
† Represented in thousands

Active Businesses*

3,865

-0.2% YOY

January 2021 | Statistics Canada

Net monthly business openings/closures*†

34 net openings

January 2021 | Statistics Canada

GDP*

$7.5 billion

-3.7% YOY

Q3 2020 | Conference Board of Canada

International Export value*

$3.5 million

-1.4% YOY

2019 | 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

$7.5 billion

-3.7% YOY

Q3 2020 | Conference Board of Canada

Retail sales (provincial)

$1.2 billion

+2.5% YOY

February 2021 | Statistics Canada

CHANGE IN UNEMPLOYMENT RATE*

+0.8%

April 2020 – April 2021 | Statistics Canada

Change in Labour Force Participation Rate*

+2.3%

April 2020 – April 2021 | Statistics Canada

NET MONTHLY BUSINESS OPENINGS/CLOSURES**

52 net closures

March 2020 – January 2021 | Statistics Canada

COVID-19 Recovery

Report Card

*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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