How Fredericton’s Knowledge Economy Is Fuelling Canada’s Future
As Atlantic Canada’s Knowledge Capital, Fredericton, New Brunswick is powering the national shift toward a modern, innovation-driven economy
Fredericton, N.B., is an innovation hub that’s fuelling Canada’s nation-building projects and economic development priorities.
Having seen its population grow by 35 per cent in the last decade — largely driven by young, educated people seeking opportunities in Fredericton’s research and tech sector, along with a better quality of life — the city is now home to over 2,700 knowledge-based businesses and Atlantic Canada’s largest concentration of knowledge workers.
Fredericton also boasts over 60 leading R&D organizations within its Innovation District, anchored by Knowledge Park, the Cyber Centre, and numerous educational institutions, including the University of New Brunswick and its renowned Mckenna Institute advancing digital transformation.
The city’s thriving knowledge ecosystem and public-private-university partnerships are driving growth across sectors like defence, construction and housing, natural resources, and technology, vitally contributing to Canada’s ambition of becoming a global leader in science and innovation.
Defence and cybersecurity: Fredericton’s nation-building powerhouse
Fredericton is an engine for talent that’s driving Canada’s most important defence and cyber sectors. With defence readiness and cybersecurity elevated as national priorities, the city’s proximity to Canada’s largest military base (CFB Gagetown) and worldclass cyber ecosystem makes it a strategic national asset.
New Brunswick is proud of its position as the epicentre of Canada’s cybersecurity sector, and Fredericton’s Innovation District includes Cyber Centre (Canada’s most advanced networking and data fibre facility), the Canadian Institute for Cybersecurity, and world-leading cyber companies.
Recent success stories include Opportunities NB attracting Thales Group’s Canadian National Digital Excellence Centre to the province (a first-of-its-kind in Canada research and talent development hub) and the achievements of local technology firms Beauceron Security and Hotspot, both of which were early adoptees from Boost Fredericton, the city’s living lab for civic innovation.
Read the full story at The National Post