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.
General labour costs are the most competitive in Canada and the United States – 33 per cent lower than the U.S., eight per cent lower than the rest of Canada and 21 per cent lower than the G7 average.
NB Power offers attractive energy rates for commercial and industrial customers.
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.
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.
Great support from the public sector is certainly one of the benefits of doing business in New Brunswick, whether it’s from Opportunities NB or other sections of government. With every new project, we sit down with the province to receive input. We have leveraged public sector support for marketing efforts, buying equipment, export development assistance and more.
Director of Engineering,
Technical Design and Estimation
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