Moncton and Canadian Business just go together!
Sometimes you're up, sometimes you're down. That is never more true than when it comes to rankings. Canadian Business Magazine has issued its annual rankings of the best Canadian cities for business. In the past Moncton has been ranked as high as #1 but for the past couple of years it had slipped out of the top ten. Of course, from our vantage point we never did slip as we always consider Moncton a great place for business.
But when you slip, you simply keep on working and plowing ahead to build your community and to welcome new business. We have kept on doing that and now Moncton is back up to #4 in the Canadian Business rankings. Perhaps in our minds we are still #1 but, hey, it just gives us more incentive to keep on working our way up. When you've been to the top, you just want to climb back up.
Why are we back in there? It's simple, there has been a lot of good business activity and growth throughout the Moncton area over the past few years. Building permits continue at a very high level. New retail developments are going up, new hotels are just open with more underway, new office buildings, new industrial projects and more.
To illustrate the dynamic of Moncton's growth, Molson just held the official opening of their new Moncton brewery. What makes this opening extra special is that it's the company's first new brewery in 52 years. That's significant. To further reflect the importance that Molson put on this new brewery, the opening ceremonies were presided over by Chairman Eric Molson, President and CEO Kevin Boyce, Geoff Molson and from that other iconic brewing family, PJ Coors flew in from Denver to take part.
What is so great about Moncton for business. First, our people. Not only do we have a productive and reliable workforce but a very high percentage are bilingual, a nice advantage in a country like Canada. Our community is very welcoming to outsiders, a treat for those outside investors looking to establish a new business location. Based on the latest Census Canada figures, the growth of Moncton can be reflected in the fact that it is now the largest CMA in New Brunswick.
On the non-work side, we offer a very pleasant quality of life. Not only do we not have to use productive time in non-productive traffic jams but we are only 20 minutes to the cottage areas and beaches of the Northumberland Strait. We have two championship golf courses in our area, Royal Oaks designed by renowned U.S. architect Rees Jones and Fox Creek designed by Canada's renowned Graham Cooke.
For cultural enthusiasts, Moncton is home to the Atlantic Ballet Company which just moved into their new headquarters in a rejuvenated former YMCA building. There are several festivals such as the Hub Cap Comedy Festival designed to warm us up on those cool February evenings. There is the World Wine Festival each November which offers thousands of oenophiles an opportunity to sample hundreds of wines from around the world. Or if you prefer, there's the Seafood Festival or maybe it's the giant concerts on the Hill, this year headlined by Faith Hill and Tim McGraw.
These are just a few of the many attributes of our community. Moncton is a community that's good for business and good for their many employees which just happens to also be good for business. While we may be #4 in this year's Canadian Business rankings, these are just a few of the reasons why we believe we are really #1.
But, hey, thanks Canadian Business!