The capital of New Brunswick is situated in the west-central portion of the province along the Saint John River and has a population of over 100,000 for the municipal area.
While forestry, mining, and associated goods and services are traditional economic drivers in the province and continue to provide employment in well-established Fredericton companies, the city’s economy is now largely tied to the public sector and the growing digital tech and commercial sectors.
Fredericton’s is increasingly recognized for its cybersecurity research and innovation. It is home to the Canadian Institute for Cybersecurity, located at the University of New Brunswick, as well as CyberNB, an agency of Opportunities New Brunswick.
Fredericton is attracting more private and public research-and-development 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.