MONCTON.
INVESTING
IN RAPID GROWTH.
Moncton is the No. 1 low-cost city
in the New England/Atlantic Canada region – providing exceptional
value to your investment. This impressive result comes from Competitive
Alternatives: KPMG’s Guide to International Business Costs, 2006
edition. The comprehensive study of location-sensitive costs compares
128 cities in North America, Europe and Asia-Pacific, using the U.S. average
as the study benchmark. As a hotbed of entrepreneurial activity, Moncton
ranks as the No. 1 low-cost city in the G7 in four high-growth sectors:
pharmaceuticals, chemicals, clinical trials and medical devices. This
leadership reflects the city’s 8.9 percentage point cost advantage
over the U.S. As well, in 8 of the 17 sectors studied, this east-coast
city ranks either second or third for low business costs among 91 G7 cities.
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LEADING THE PACK
In the New England/Atlantic Canada region, Moncton is the No. 1 low-cost
location in 11 out of 17 sectors, including agri-food, automotive, chemicals,
medical devices, metal components, pharmaceuticals, plastics, biotech,
clinical trials, product testing and software design. This regional low-cost
leader is also number two in aerospace, precision manufacturing, telecom,
Web and multimedia, and corporate service centre sectors – an exceptional
achievement.
MAXIMIZING COST ADVANTAGES
The KPMG study confirms Moncton’s substantial cost advantages over
U.S. cities. This Atlantic gem is the second most cost-efficient location
among the 91 G7 cities studied. Among larger U.S. cities in the region,
Moncton has a 17 percentage point cost advantage over Boston – making
Moncton one of the most affordable cities in which to do business.
That’s just the start. Moncton has across-the-board
regional cost advantages in each sectoral category analyzed by KPMG as
proven in the graph below:
The cost advantage is clear. The choice is yours. Investing in
Canada simply makes a whole lot of business sense. |
MONCTON QUICK FACTS:
- Province: New Brunswick
- Population: 117,727 (2001)
- Traditional Industries: Metal manufacturing, call
centres, and transportation services.
- Emerging Industries: Agri-food, high-tech manufacturing,
and software design and development.
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