Fare thee well, Moncton – or Well thee fare?

KPMG has just published its government funded Competitive Alternatives Report. The study is an expansion and update of previous KPMG publications, and measures the combined impact of 27 significant business cost components that are most likely to vary by location. The study covers 17 industry operations in nine industrialized countries: Canada, France, Germany, Italy, Japan, the Netherlands, Singapore, the United Kingdom and the United States.

In the 12 operation average costs, Moncton ranks #1 among its peer cities in the New England/Atlantic Canada region and 2nd overall among the G8 countries (Sherbrooke, QC was the lowest cost location.

Note: Moncton is the only New Brunswick city in the study. Truro, Sydney and Pictou join Halifax as Nova Scotia cities in the comparison (the first three only in the online version) but as I recall, they paid to be included in the study.

Canada the cheapest place to do business
Toronto Sun, Canada

Vancouver priciest for business
Vancouver Sun

Town shines in international survey of top business locations

Canada still lowest-cost G7 country to do business
VietNamNet Bridge, Vietnam –

Canada easy on businesses
Calgary Sun, Canada

Rising dollar cuts business advantage
Hamilton Spectator

Canada’s cost advantage second only to Singapore
Toronto Star, Canada

KPMG study ranks Saskatoon Number One

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0 Responses to Fare thee well, Moncton – or Well thee fare?

  1. Anonymous says:

    So why exactly do we need to be ‘more business friendly’. Sounds like we’re ALREADY the most business friendly. And you can’t really assume that business people don’t know about it, just look at all the publications covering the story.

  2. Anonymous says:

    To be fair to David, there’s only ONE NB city. The question is how do we get Freddy, SJ, Miramichi and Edmundston on the list?

  3. Anonymous says:

    He answered that- you pay money.

  4. David Campbell says:

    I think you had to pay $5,000 or something to get on the list. I think it may be worth it. I just did a quick run and Pictou and Truro, NS are actually lower cost locations than Sherbrooke, QC (which is the stated lowest cost location). I noticed a lot of dinky places on that list like Duncan, BC. I am not sure why New Brunswick has only one city listed. For me, it would have been worth the money to get a few more in.

  5. scott says:

    Of all the New Brunswick cities mentioned by anonymous #2, it is in my opinion that Saint John has the most room for growth, especially if they can find a way to implement the proposed Atlantica project by AIMS.

    Here is a small excerpt from the project:

    Other potential east coast sites exist for developing a major transshipment hub terminal. For example, Saint John, New Brunswick, has an underused container terminal. Although the Port is located a short distance from the main shipping lines, therefore requiring a diversion, it is an attractive site as it is closer to the main markets of New England, New York, and central Canada than is Halifax. New container facilities could be readily developed in deeper water in the Port’s outer harbour. Saint John’s only major drawback is the lack of adequate railway facilities to service the Port, other than CN’s return line to Moncton and then to central Canada. The Port is, however, by a private short-line railway connected to US short-line services.

    *Page 23

    Now, if we can only find inverstors from both the private and public sector to fund such a project.

  6. David Campbell says:

    Amen, to that. I think the upside potential for Saint John is very strong and there is a good team of people working down there on economic development (I am biased because I know that gang). But the downside risk is quite strong as well. It doesn’t take a lot of research to determine over time what happens to communities that are cut out of the major transportation system. With the four lane Moncton-Fredericton – trucks can go through Houlton as fast as through Calais.

  7. scott says:

    Don’t get me wrong. I am all for both Halifax and Saint John as major transshipment hub terminals. With trade increasing at both these points of entry, this can only increase the growth of interior towns & cities(with no major port) such as Truro, Moncton, Miramichi, Edmunston and Fredericton.(not to mention many others I did not name)

    As well, it is not always necessary to point out what we don’t have for infrastructure, it is using what we do have better. For instance, we have two major international airports that could be promoted side by side. Instead, our region seems to be more interested in battling it out amongst eachother for scraps. I guess what I am trying to say is there has to be more economic harmonization between all the eastern provinces so that all our infrastructure can be used to its full potential.

    And then, if we can only develop policies and investments that would encourage rural and rural fringe to feed off of the success and growth of the major urban centres, the growth along the Trans-Canada Highway and the Interstate 95 would resemble that of the 401 in Ontario.

    We’re not talking an overnight transformation here. I would probably be 75 years old before this ever came to pass.lol

  8. Anonymous says:

    Ever think that Saint John is underused for a reason? Let’s take an underused port and invest LOTS of money into it, what’s wrong with that picture? Of course the main user of the port is Irving, they certainly have the money to do what they want, if they needed expansion no doubt we’d hear about it quickly as they’d be back to the government getting more handouts. The feds under the liberals began massive privatization of ports, and conservatives are even bigger market whores, so look for that to continue, and of course Irving will be getting first dibs. Again, look for a huge subsidy from government, with relatively few jobs coming out of it.

    Halifax is growing quickly, Consolodated Fastrate is building a 10 million expansion for container cargo, almost one quarter of it coming from the government. Again, I see ZERO benefit of this for New Brunswick, apart from the giant truck stops discussed months ago. Of course, a truck can get clear through New Brunswick with no need to stop at all, it’s not like these guys are just looking for reasons to pull over.

    So that’s expansion that’s already happening in Halifax. Again, I think its nuts that New Brunswickers subsidize the highway system for trucks to roll on through. That a toll highway was brought in by a liberal government and dismantled by a conservative government should show anybody who really pulls the strings.

    If companies find it is cost effective and desirable, then they will build it. People should have learned enough from the massive spending of the past that when government tries to DO the economic development themselves it doens’t work. They can’t even control the industries that are here now.

    The idea that a political or economic union of sorts will be a magic bullet is as fairie like as hoping the good witch of the north will come along and solve the problems. Within a province like New Brunswick we see HUGE disparities between north and south, let alone urban/rural. I haven’t done the research but if you look at the creation of Canada or the NAFTA agreements for background, they pretty clearly point to exacerbating those problems, not rectifying them.

    If a province can’t even consolidate airports (weren’t they at one time?) then you certainly won’t get four provinces and three or four states to agree. As for airports, as I said, I’m almost positive they used to be provincial until a government downloaded them, so what can you expect?

    We can already note that huge resources were put into the trans canada, which made SOME people very happy. However, with all these new highways, how much better has the province gotten? Well, according to this blogger its getting WORSE. So why assume that building more transportation infrastructure will have any effect?

  9. Anonymous says:

    If you do a search you can see that the fastest growing industry is computer animation. Think of all the jobs that are part of that:

    -art skills
    -game theory

    That’s just for starters. And think about it, it involves ZERO investment in transportation infrastructure. All it involves is, well, people stopping being idiots. It involves massive literacy training and computers in every home. It involves networking, high speed internet. This was begun under McKenna and now its the reverse. This is stuff ANYBODY can do. But of course people cant LEARN this stuff if they are working their asses off at Tim’s Donuts to put food on their table.

    They can’t do it when their lives are so pathetic they haven’t even got basic human rights. They can’t do it when they can hardly read or write, and are addicted to smokes or booze.

    The world out there will get along just fine without New Brunswick contributing animation or other entertainment products, or high end-anything. Thats why its up to government. However, as I said before, many commmunities already HAVE economic ideas ready to go, just no funding.

    The question is, when the government listens to Irving/McCain/UPN and they get everything they need-how exactly does any change happen? You can keep on ‘waiting for a visionary’, chances are good if he came along he wouldn’t even get elected.