Welcome to Moncton, New Brunswick, Canada
Your Moncton
area contact is Rick Crossman (REMAX Moncton.) Please refer to the "Relocating to Moncton" section to the right for
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Ask about the REMAX MLS real estate homes for sale including residential houses, apartments, condos, duplexes, acreages and farms.
Moncton summary
Moncton is a Canadian city located in Westmorland County, New Brunswick.
The city is situated in southeastern New Brunswick, in the Petitcodiac River valley, and is about 55 km (34 mi) from the Nova Scotia border. Moncton lies at
the geographic centre of the Maritime Provinces. The community has the nickname "Hub City" because of its central location and also because Moncton has
historically been the railway and land transportation hub for the Maritime Provinces.
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residential houses, apartments, condos, duplexes, acreages and
farms.
European settlement began in 1733 when Acadian farmers arrived after migrating up the Petitcodiac River from the Bay of Fundy. The region was captured by the
English in 1755, and the original Acadian inhabitants were subsequently deported. The official founding of the community was in 1766, with the arrival of
Pennsylvania "Deutsch" settlers sponsored by the Philadelphia Land Company. The settlement was initially agricultural but by the mid 1800s, a wooden shipbuilding
industry flourished. The shipbuilding economy collapsed in the 1860s but was quickly replaced by the railway industry when, in 1871, the Intercolonial Railway of
Canada chose Moncton to be their headquarters. Moncton would then remain a railroad town for well over a century.
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residential houses, apartments, condos, duplexes, acreages and
farms.
Moncton was first incorporated in 1855 and was named after Lt. Col. Robert Monckton, the British military commander who had captured nearby Fort Beauséjour a
century earlier; and who had later been given responsibility for overseeing the Acadian deportation.[6] The collapse of the shipbuilding industry caused the town
to lose its civic charter in 1862 but the community was able to survive and to reincorporate in 1875 on the strength of the developing railway industry. As a
result, the city adopted the motto Resurgo.
Although Moncton was traumatized twice; by the collapse of the shipbuilding industry in the 1860s and by the closure of the CNR locomotive shops in the 1980s,
the city's economy was able to rebound strongly on both occasions. At present, the city's economy is stable and diversified. Moncton's economy is based on its
transportation, distribution, retailing and commercial heritage, but is also supplemented by strength in the educational, health care, financial and insurance
sectors. The strength of the economy has received national recognition and the local unemployment rate is consistently less than the national average.
The Moncton Census Metropolitan Area (CMA) is one of the top ten fastest growing metropolitan areas in Canada and is also the fastest growing urban region east
of Toronto. The CMA includes the neighbouring city of Dieppe and the town of Riverview, as well as adjacent areas of Westmorland and Albert counties.
REMAX MLS real estate homes for sale including
residential houses, apartments, condos, duplexes, acreages and
farms.
Moncton has a CMA population of 126,424, which makes Moncton the most populous metropolitan area in New Brunswick, and also makes it the second largest CMA in
the Maritime Provinces, after Halifax, and the third largest CMA in Atlantic Canada, after Halifax and St. John's, Newfoundland.
The educational and health care sectors are major factors in the local economy; the two hospitals alone employing over five thousand people. Despite this, the
underpinnings of the local economy remain based on Moncton's commercial, distribution, transportation and retailing heritage. Moncton's central location in the
Maritimes is the reason for this: 1.4 million people live within a three hour drive of Moncton. This is the largest catchment area in Atlantic Canada. In 2002
Moncton and Halifax joined to promote the concept of a Moncton-Halifax growth corridor, building on the strengths of the two cities as well as those of the
intervening communities including Truro, Amherst and Sackville.
Moncton has garnered national attention because of the strength of its economy. The local unemployment rate averages between 5-6%, which is below the national
average. In 2004 Canadian Business Magazine named it the "The best city for business in Canada" and in 2007, FDi magazine named it the fifth most business
friendly city in North America (in the small cities category).
A number of regionally prominent corporations have their head offices in Moncton including Atlantic Lottery Corporation, Assumption Mutual Life Insurance,
Medavie Blue Cross Insurance, Pizza Delight Corporation, Major Drilling Group International, and Co-op Atlantic.
There are 37 call centres in the city employing over 5000 people. Some of the larger ones include Asurion, BBM Canada, Exxon Mobil, Royal Bank of Canada, United
Parcel Service, Fairmont Hotels, Rogers Communications, Sitel, Minacs and America Online.
A growing high tech sector includes companies such as Whitehill Technologies, Nanoptix, Spielo Manufacturing, OAO Technology Solutions, and BelTek Systems Design.
Several arms of the Irving corporate empire have their head offices and/or major operations in Greater Moncton. These include Midland Transport, Majesta/Royale
Tissues, Irving Personal Care, Master Packaging and Cavendish Farms.
There are three large industrial parks in the metropolitan area. The Irving operations are concentrated in the Dieppe Industrial Park. Hub Meat Packers is a major
employer in the city and is in the Moncton Industrial Park. Molson/Coors opened a brewery in the Caledonia Industrial Park in 2007 (their first new brewery in a
half century).
All three industrial parks have large concentrations of warehousing and regional trucking facilities. Both the Armour Transportation Group and Midland Transport
are based in Moncton.
A new four lane Gunningsville Bridge was opened in 2005, connecting downtown Riverview directly with downtown Moncton. On the Moncton side, the bridge connects
with an extension of Vaughan Harvey Boulevard as well as to Assumption Boulevard and will serve as a catalyst for economic growth in the downtown area. This is
already evident as an expansion to the Blue Cross Centre was completed in 2006. Also, construction has started on a new Marriott Residence Inn and on a new Sobeys
downtown on the Vaughan Harvey connector. A new regional courthouse will be built on Assumption Boulevard in 2008. Moreover, a Casino/Convention Center/Hotel
complex has been proposed for the former Beaver Lumber property on Assumption Boulevard. On the Riverview side, the Gunningsville Bridge will connect to a new ring
road around the town and is expected to serve as a catalyst for development in east Riverview.
The retail sector in Moncton is increasingly becoming one of the most important aspects of the local economy. Major retail projects such as the Wheeler Park Power
Centre on Trinity Drive have become major destinations for locals and for tourists alike. Major tenants of this development include Atlantic Superstore, Costco,
Winners, HomeSense, Wal-Mart, Future Shop, Kent Building Supplies, Sears, Staples, Old Navy, Pier 1 Imports, Empire Theatres and the Home Depot. A new power center
is under construction on Mapleton road, adjacent to Wheeler Park. The first anchor of this development will be a Brick store.
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