Economic Development

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Economic Development AIMS Interim Municipal Report Card – New Brunswick Economic Development Economic Development Data are available extensively for only one of the selected measures, economic development operating costs per capita. There is a substantial spread for these costs. At the low end with figures of only a few dollars per capita are communities such as Fredericton Junction, Meductic, Tracy, Le Goulet, and Chipman; at the high end are Belledune ($173 per capita), Richibucto ($139 per capita), and Saint John ($130 per capita). It is interesting to see this mix of both larger municipalities and smaller ones among those with the highest cost figures. The lower end of the cost rankings tends to be composed chiefly of small communities. Among the province’s ten largest municipalities, there appear to be two broad sub-groupings. Saint John, Dieppe, and Fredericton are also among the ten communities with the highest per capita economic development costs, ranging from $95 per capita to $130 per capita. The other seven members of the “Big Ten” – Moncton, Miramichi, Riverview, Edmundston, Quispamsis, Bathurst, and Rothesay are in the middle of the pack on the cost ranking, with per capita figures between $23 and $55. Data on building permits and construction are available for only a small number of municipalities. Not surprisingly, more permits are issued and more new construction occurs in bigger communities like Moncton than in smaller ones like Port Elgin. Page 1 of 5 AIMS Interim Municipal Report Card – New Brunswick Economic Development Value of Operating Costs for Construction Per Economic Million Dollars of Development Per Number of Building Property Tax Capita, Average 2005- Rank (Out of 100 - Permits Issued, Rank (Out of 10 - Assessment Base, Rank (Out of 10 - Municipalities 2007 Low-To-High) Average 2005-2007 High-To-Low) Average 2005-2007 High-To-Low) Alma $ 30 50 Aroostook Atholville $ 91 91 Baker Brook $ 28 48 Balmoral $ 15 21 Bas-Caraquet $ 26 43 Bath $ 45 69 Bathurst $ 31 52 Belledune $ 173 100 Beresford $ 14 20 Bertrand $ 18 28 Blacks Harbour $ 32 55 Blackville $ 9 11 Bouctouche $ 82 88 Bristol $ 56 80 Cambridge-Narrows $ 49 72 36 5 $ 16,045 7 Campbellton $ 32 56 Canterbury Cap-Pelé $ 43 66 Caraquet $ 89 90 Centreville $ 41 63 Charlo $ 98 93 Chipman $ 5 5 Clair $ 39 61 Dalhousie $ 69 85 Dieppe $ 101 94 Doaktown $ 27 47 Dorchester $ 23 37 7 8 $ 20,526 5 Drummond $ 16 23 Page 2 of 5 AIMS Interim Municipal Report Card – New Brunswick Economic Development Value of Operating Costs for Construction Per Economic Million Dollars of Development Per Number of Building Property Tax Capita, Average 2005- Rank (Out of 100 - Permits Issued, Rank (Out of 10 - Assessment Base, Rank (Out of 10 - Municipalities 2007 Low-To-High) Average 2005-2007 High-To-Low) Average 2005-2007 High-To-Low) Edmundston $ 55 77 Eel River Crossing $ 22 33 Florenceville $ 37 60 Fredericton $ 95 92 Fredericton Junction $ 1 1 Gagetown $ 61 82 16 7 $ 11,759 9 Grand-Anse $ 22 32 Grand Bay-Westfield $ 44 68 Grand Falls/Grand Sault $ 73 87 Grand Manan $ 7 7 Hampton $ 18 27 Hartland $ 130 97 Harvey $ 25 41 Hillsborough $ 24 40 Kedgwick $ 8 9 Lac-Baker $ 21 31 Lamèque $ 46 71 Le Goulet $ 5 4 Maisonnette $ 18 29 McAdam $ 6 6 Meductic $ 2 2 Memramcook $ 29 49 Millville $ 11 13 Minto $ 13 17 Miramichi $ 43 67 256 2 $ 16,838 6 Moncton $ 50 73 1175 1 $ 30,396 1 Nackawic $ 36 59 Neguac $ 56 78 New Maryland $ 7 8 Page 3 of 5 AIMS Interim Municipal Report Card – New Brunswick Economic Development Value of Operating Costs for Construction Per Economic Million Dollars of Development Per Number of Building Property Tax Capita, Average 2005- Rank (Out of 100 - Permits Issued, Rank (Out of 10 - Assessment Base, Rank (Out of 10 - Municipalities 2007 Low-To-High) Average 2005-2007 High-To-Low) Average 2005-2007 High-To-Low) Nigadoo $ 13 18 Norton $ 13 19 20 6 $ 22,060 2 Oromocto $ 31 53 Paquetville $ 15 22 Perth-Andover $ 73 86 Petitcodiac $ 26 44 Petit-Rocher $ 16 24 Plaster Rock $ 105 95 Pointe-Verte $ 23 36 Port Elgin $ 30 51 6 10 $ 5,585 10 Quispamsis $ 23 35 Rexton $ 42 64 Richibucto $ 139 99 Riverside-Albert $ 41 62 Riverview $ 27 46 Rivière-Verte $ 24 39 Rogersville $ 34 58 Rothesay $ 42 65 Sackville $ 116 96 75 3 $ 14,828 8 Saint John $ 130 98 Saint Léonard $ 12 15 Saint-Antoine $ 24 38 Sainte-Anne-de-Madawaska $ 12 16 Sainte-Marie-Saint-Raphaël $ 8 10 Saint-François-de-Madawaska $ 53 75 Saint-Hilaire $ 60 81 Saint-Isidore $ 11 14 Saint-Léolin $ 17 25 Saint-Louis de Kent $ 25 42 Page 4 of 5 AIMS Interim Municipal Report Card – New Brunswick Economic Development Value of Operating Costs for Construction Per Economic Million Dollars of Development Per Number of Building Property Tax Capita, Average 2005- Rank (Out of 100 - Permits Issued, Rank (Out of 10 - Assessment Base, Rank (Out of 10 - Municipalities 2007 Low-To-High) Average 2005-2007 High-To-Low) Average 2005-2007 High-To-Low) Saint-Quentin $ 61 83 Salisbury $ 31 54 Shediac $ 84 89 Shippagan $ 26 45 St. Andrews $ 23 34 St. George $ 53 74 St. Martins $ 33 57 7 8 $ 20,962 4 St. Stephen $ 56 79 Stanley $ 10 12 Sussex $ 54 76 Sussex Corner $ 21 30 39 4 $ 21,040 3 Tide Head $ 17 26 Tracadie-Shelia $ 66 84 Tracy $ 4 3 Woodstock $ 45 70 Average $ 40 164 $ 18,004 Minimum $ 1 6 $ 5,585 Maximum $ 173 1175 $ 30,396 Page 5 of 5 .
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