Cost of Doing Business

It costs less to do business in New Brunswick and Greater Fredericton because it houses some of the most cost-effective areas in North America regarding operations.

Income Estimate - 2009

Family Income
Fredericton $85,137
Moncton $76,986
Saint John $71,943
New Brunswick $68,465

Household Income
Fredericton $70,939
Moncton $67,494
Saint John $66,688
New Brunswick $60,430
Source: Financial Post Canadian Markets Demographics 2009 Edition

Salaries and Wages

**Minimum Wage Update**

http://www.gnb.ca/cnb/news/pet/2009e0042pe.htm

Effective April 15, 2009, the hourly minimum wage will increase by 25 cents to $8 per hour. Another increase of 25 cents will take place on September 1st, 2009, setting the minimum wage at $8.25 per hour.

For more information on the minimum wage, paid public holidays, and the Employment Standards Act, contact the Employment Standards Branch of the Department of Post-Secondary Education, Training and Labour at 1-888-452-2687 or at www.gnb.ca/labour.