Overview
Forestry, mining and associated goods and services are traditional economic drivers in the province, but capital city Fredericton is emerging as the hub to over 70% of the New Brunswick’s knowledge-based industries.
The city is recognized for its cybersecurity research and innovation. It is home to the Canadian Institute for Cybersecurity, located at the University of New Brunswick, along with CyberNB, an agency of Opportunities New Brunswick.
Fredericton has attracted private and public R&D investment, including recent government funding of more than $3 million to establish the Cybersecurity Innovation Centre, which fosters connections and partnerships between academia, government and industry on cybersecurity.