Fredericton New Brunswick
Fredericton is the capital of the Canadian province of New Brunswick. The city is situated in the west-central part of the province along the Saint John River, which flows west to east as it bisects the city. The river is the dominant natural feature of the location. One of the main urban centers in New Brunswick, the city had a population of 58,500. It is the third-largest city in the province after Moncton and Saint John.
An essential cultural, creative, and instructional center for the province, Fredericton is house to 2 universities, the New Brunswick College of Craft and Design, and cultural organizations such as the Beaverbrook Art Gallery, the Fredericton Region Museum, and The Playhouse, a carrying out arts venue. The city hosts the yearly Harvest Jazz & Blues Festival, bring in regional and international jazz, blues, rock, and world artists. Fredericton is also a lively and essential center point for the region’s top visual artists; much of New Brunswick’s noteworthy artists work and live there today. Fredericton has actually likewise been house to some excellent historic Canadian painters as well, including Goodridge Roberts, and Molly and Bruno Bobak.
As a provincial capital, its economy is connected to the general public sector; however, the city also consists of a growing IT and industrial sector. The city has the highest percentage of residents with post-secondary education in the province and the greatest per-capita earnings of any city in New Brunswick.
During the 19th and early 20th centuries, the lumber market, with its corresponding mills, was a primary sector of Fredericton’s economy. Over the course of the 20th century, this industry declined and gave method to the provincial federal government and the universities ending up being the primary employers in the city.
The policies of centralizing provincial, federal government functions during the 1960s under New Brunswick Premier Louis Robichaud – along with the broadened function of the general public sector quality of the 1960s/70s – resulted in a large expansion of the city’s population. It was during these decades that the Hill area on the city’s Southside was largely developed, and bedroom suburb such as New Maryland emerged.
The 1960s also saw a growth of the University of New Brunswick due to increased post-war university enrolment, as well as the construction of the Fredericton school of Saint Thomas University. Considering that then, the city’s population has actually continued to grow, however, at a slower rate due to slower development of the government sector, along with working with freezes and, in some cases layoffs, throughout the Frank McKenna and Bernard Lord governments.
Recently, increased student enrolment at the city’s universities has caused a higher demand for rental residential or commercial property. This has actually caused the construction of new university homes and apartment buildings in the city, and increased rates of leases, making them the highest rental rates in the province.
The predominance of the universities and the federal government offer Fredericton with a procedure of economic stability. The city has not gone through the uncertainty and hardships faced by Atlantic Canadian cities handling mill shutdowns and the decline of the mining and fishing industries. For this reason, Fredericton is one of the few Atlantic Canadian cities that have, in fact, reported a population boost over the last few years.
The city has been investing actively in IT facilities. The City of Fredericton won the “”Judges Innovation Award”” at the 2004 Canadian Information Productivity Awards due to its “”Fred-eZone”” complimentary municipality large Wi-Fi network initiative. This and other developments by the city’s telco, e-Novations, led Intel to do a case study on their successes. Fred-eZone spans much of the city’s downtown and parts of surrounding suburbs, along with peripheral industrial areas such as Fredericton’s Regent Mall. In 2008 and 2009, the Intelligent Community Forum selected Fredericton as a Top 7 Intelligent Community, based partially on the city’s operating in the IT sector.
The Greater Fredericton region has also established an investment destination program called Invest Greater Fredericton. The purpose is to provide investors and site selectors with one main source for financial information such as real estate, demographics, key industries, and more.
The city is positioned in the west-central portion of the province along the Saint John River, which flows west to east as it bisects the city. The city has actually not been subject to the uncertainty and hardships faced by Atlantic Canadian cities dealing with mill shutdowns and the decrease of the mining and fishing markets. For this reason, Fredericton is one of the couple of Atlantic Canadian cities that have really reported a population increase in recent years.
The City of Fredericton won the “Judges Innovation Award” at the 2004 Canadian Information Productivity Awards due to its “Fred-eZone” totally free municipality wide Wi-Fi network initiative. Fred-eZone covers much of the city’s downtown and parts of surrounding domestic areas, as well as peripheral business areas such as Fredericton’s Regent Mall.
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