Fredericton: Smart City

City Profile

Fredericton is the capital city of the province of New Brunswick, Canada
Population: 110,983

  • Startup Capital of Canada (Startup Canada 2016 Awards) with supportive entrepreneurial ecosystem to fuel business
  • One of the World's Top 7 Intelligent Communities (2008 and 2009 Intelligent Community Forum)
  • Most Cost Competitive location in Canada (KPMG 2016 Competitive Alternatives report)

Key Advantages

  • Home to the University of New Brunswick, Canada’s Most Entrepreneurial University (Startup Canada), and
  • 4 universities and 7 training colleges
  • 4th most educated population in Canada
  • Canada’s most loyal workforce, with average job tenure of 9.4 years
  • A natural Innovation District with 60+ research & development organizations found within a 2km radius
  • A digital product development living lab that sparks innovation. Private sector leveraging research expertise and partnering with in-market experts acting as technology first-adopters
  • Located in GMT -4.0, North America’s most convenient time zone for simultaneously serving both coasts of North America, South America and Europe
  • An envious lifestyle with end-to-end commutes averaging 20 minutes, and an abundance of outdoor activities including 88km of paved trails, 7 skating rinks, 8 golf courses, and a ski/snowboard hill

Sector Strengths

Information Technology

Fredericton’s ICT business and research community are key drivers of the economy. Fredericton operates its own not-for-profit ultra high-speed gigabit fibre network, GO FRED, with the best value commercial internet connectivity in Canada. Many of the world’s best and brightest are using Fredericton as their launch pad for developing, testing, and marketing innovative ICT technologies, including technology giants like Siemens and IBM. Subsectors include:

  • Cybersecurity
  • Big Data
  • GPS & Avionics

Biotechnology

Fredericton is the biotechnology nerve-centre of the province with the most diverse biomass in Canada and a long history of natural resource biotechnology innovation. Fredericton offers some of the lowest biotech business costs in the G7, impressive academic and private-sector research capacity, and a rich array of privately-held forests, waterways, coastlines, and agricultural lands. Subsectors include:

  • Agriculture
  • Marine Biotechnology
  • MedTech
  • Forestry

Engineering

Home to one of the largest number of engineers per capita in Canada, Fredericton’s 112 engineering firms consistently make their mark outside New Brunswick’s borders. Fredericton’s 160-year tradition of engineering innovation is bolstered by city’s engineering-related academic research chairs and organizations, private-sector research facilities, and the University of New Brunswick’s Faculty of Engineering—Canada’s oldest engineering school. Subsectors include:

  • Energy
  • Environmental
  • Bio-medical

Natural Resources

Blessed with a more diverse biomass than any other province in Canada, New Brunswick’s natural resource sector and associated industries employ over 30,000 people and contribute approximately $600M to Fredericton’s GDP. More than 350 engineering, ICT, biotechnology, environmental, and advanced manufacturing companies in the Fredericton region keep the natural resources sector globally competitive— one reason why Fredericton was named one of “Canada’s Resource Cities” by the Canadian Chamber of Commerce. Current and planned natural resource investments for the next 10 years in New Brunswick total $6 billion. Subsectors include:

  • Forestry
  • Mining
  • Agri-technology
  • Oil & Gas

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