The underpinnings of the local economy are based on Moncton's heritage as a commercial, distribution, transportation, and retailing centre.
This is due to Moncton's central location in the Maritimes: it has the largest catchment area in Atlantic Canada with 1.6 million people living within a three-hour drive of the city.
The insurance, information technology, educational, and health care sectors also are major factors in the local economy with the city's two hospitals alone employing over five thousand people.

Moncton has garnered national attention because of the strength of its economy.
The local unemployment rate averages around 6%, which is below the national average.
In 2004 Canadian Business Magazine named it "The best city for business in Canada", and in 2007 FDi magazine named it the fifth most business-friendly small-sized city in North America.

A number of nationally or regionally prominent corporations have their head offices in Moncton including Atlantic Lottery Corporation, Assumption Life Insurance, Medavie Blue Cross Insurance, Armour Transportation Systems and Major Drilling Group International.
Moncton also has federal public service employment, with regional head offices for Corrections Canada, Transport Canada, the Gulf Fisheries Centre and the Atlantic Canada Opportunities Agency.

There are 37 call centres in the city which employ over 5000 people.
Some of the larger centres include Asurion, Numeris (formerly BBM Canada), Exxon Mobil, Royal Bank of Canada, Tangerine Bank (formerly ING Direct), UPS, Fairmont Hotels and Resorts, Rogers Communications, and Nordia Inc.. A growing high tech sector includes companies such as Gtech, Nanoptix, International Game Technology, OAO Technology Solutions, BMM Test Labs, TrustMe, and BelTek Systems Design.
TD Bank announced in 2018 a new banking services centre to be located in Moncton which will employ over 1,000 people (including a previously announced customer contact centre).

Several arms of the Irving corporation have their head offices and/or major operations in greater Moncton.
These include Midland Transport, Majesta/Royale Tissues, Irving Personal Care, Master Packaging, Brunswick News, and Cavendish Farms.
Kent Building Supplies (an Irving subsidiary) opened their main distribution centre in the Caledonia Industrial Park in 2014.
The Irving group of companies employs several thousand people in the Moncton region.

There are three large industrial parks in the metropolitan area.
The Irving operations are concentrated in the Dieppe Industrial Park.
The Moncton Industrial Park in the city's west end has been expanded.
Molson/Coors opened a brewery in the Caledonia Industrial Park in 2007, its first new brewery in over fifty years.
All three industrial parks also have large concentrations of warehousing and regional trucking facilities.

A new four-lane Gunningsville Bridge was opened in 2005, connecting downtown Riverview directly with downtown Moncton.
On the Moncton side, the bridge connects with an extension of Vaughan Harvey Boulevard as well as to Assumption Boulevard and will serve as a catalyst for economic growth in the downtown area.
This has become already evident as an expansion to the Blue Cross Centre was completed in 2006 and a Marriott Residence Inn opened in 2008.
The new regional law courts on Assumption Blvd opened in 2011.
A new 8,800 seat downtown arena (the Avenir Centre) recently opened in September 2018.
On the Riverview side, the Gunningsville Bridge now connects to a new ring road around the town and is expected to serve as a catalyst for development in east Riverview.

The retail sector in Moncton has become one of the most important pillars of the local economy.
Major retail projects such as Champlain Place in Dieppe and the Wheeler Park Power Centre on Trinity Drive have become major destinations for locals and for tourists alike.

Tourism is an important industry in Moncton and historically owes its origins to the presence of two natural attractions, the tidal bore of the Petitcodiac River (see above) and the optical illusion of Magne
The underpinnings of the local economy are based on Moncton's heritage as a commercial, distribution, transportation, and retailing centre. This is due to Moncton's central location in the Maritimes: it has the largest catchment area in Atlantic Canada with 1.6 million people living within a three-hour drive of the city. The insurance, information technology, educational, and health care sectors also are major factors in the local economy with the city's two hospitals alone employing over five thousand people.
Moncton has garnered national attention because of the strength of its economy. The local unemployment rate averages around 6%, which is below the national average. In 2004 Canadian Business Magazine named it "The best city for business in Canada", and in 2007 FDi magazine named it the fifth most business-friendly small-sized city in North America.
A number of nationally or regionally prominent corporations have their head offices in Moncton including Atlantic Lottery Corporation, Assumption Life Insurance, Medavie Blue Cross Insurance, Armour Transportation Systems and Major Drilling Group International. Moncton also has federal public service employment, with regional head offices for Corrections Canada, Transport Canada, the Gulf Fisheries Centre and the Atlantic Canada Opportunities Agency.
There are 37 call centres in the city which employ over 5000 people. Some of the larger centres include Asurion, Numeris (formerly BBM Canada), Exxon Mobil, Royal Bank of Canada, Tangerine Bank (formerly ING Direct), UPS, Fairmont Hotels and Resorts, Rogers Communications, and Nordia Inc.. A growing high tech sector includes companies such as Gtech, Nanoptix, International Game Technology, OAO Technology Solutions, BMM Test Labs, TrustMe, and BelTek Systems Design. TD Bank announced in 2018 a new banking services centre to be located in Moncton which will employ over 1,000 people (including a previously announced customer contact centre).
Several arms of the Irving corporation have their head offices and/or major operations in greater Moncton. These include Midland Transport, Majesta/Royale Tissues, Irving Personal Care, Master Packaging, Brunswick News, and Cavendish Farms. Kent Building Supplies (an Irving subsidiary) opened their main distribution centre in the Caledonia Industrial Park in 2014. The Irving group of companies employs several thousand people in the Moncton region.
There are three large industrial parks in the metropolitan area. The Irving operations are concentrated in the Dieppe Industrial Park. The Moncton Industrial Park in the city's west end has been expanded. Molson/Coors opened a brewery in the Caledonia Industrial Park in 2007, its first new brewery in over fifty years. All three industrial parks also have large concentrations of warehousing and regional trucking facilities.
A new four-lane Gunningsville Bridge was opened in 2005, connecting downtown Riverview directly with downtown Moncton. On the Moncton side, the bridge connects with an extension of Vaughan Harvey Boulevard as well as to Assumption Boulevard and will serve as a catalyst for economic growth in the downtown area. This has become already evident as an expansion to the Blue Cross Centre was completed in 2006 and a Marriott Residence Inn opened in 2008. The new regional law courts on Assumption Blvd opened in 2011. A new 8,800 seat downtown arena (the Avenir Centre) recently opened in September 2018. On the Riverview side, the Gunningsville Bridge now connects to a new ring road around the town and is expected to serve as a catalyst for development in east Riverview.
The retail sector in Moncton has become one of the most important pillars of the local economy. Major retail projects such as Champlain Place in Dieppe and the Wheeler Park Power Centre on Trinity Drive have become major destinations for locals and for tourists alike.
Tourism is an important industry in Moncton and historically owes its origins to the presence of two natural attractions, the tidal bore of the Petitcodiac River (see above) and the optical illusion of Magne
Moncton