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NEW BRUNSWICKQuick FactsNatural resources are an important part of the provincialeconomy. About 80% of the province is forested. Combinedwith fishing, agriculture and mining, these traditional naturalresource based industries have long been the cornerstone ofthe provincial economy.New Brunswick’s dependence on these traditional resources isevolving. The province is rich in natural gas deposits and itsproximity to markets in Quebec and the United States has helped to foster a growing naturalgas industry. A proposed east-west pipeline, a project that promises to ship oil from Calgary toNew Brunswick, would further bolster this province’s strong natural resources sector. Many ofthe lead manufacturing industries are derived from the production of these resources andinclude food processing, pulp and paper, sawmills, oil refining and metal processing.What is relatively new to the province is its strong start-up and entrepreneurial community. TheInformation and Communications Technologies sector contributes just under $900 million to theprovincial GDP. Success stories such as Radian6’s sale to tech giant Salesforce have helped toinspire further growth and investment, by both the government and angel investors from aroundthe world. The province continues to invest heavily in R&D, and in partnership with itsuniversities, has also helped to support a strong bio-med sector which benefits from thisgrowing start-up community.Population: 747,000 people.In the Atlantic Time Zoneand observes DaylightSaving Time.Bounded by Quebec to thenorth west, Nova Scotia tothe east and the state ofMaine to the south west.More than 5,500 km ofcoastline stretching betweenthe Gulf of St. Lawrence andthe Bay of Fundy, making upmore than 87% of the totalNew Brunswick boundary.The only province whereboth English and French areofficial languages, meaningthat all provincialgovernment services arerequired to be madeavailable to the public in bothlanguages.Introduction 4