Press Release

Wednesday, March 01, 2017

Economic impact study shows that the Université de Moncton contributes to the growth of the province and the country

An economic impact study carried out by economists Maurice Beaudin, Pierre-Marcel Desjardins and André Leclerc shows that the Université de Moncton is a major contributor to growth in New Brunswick and Canada.

“This comprehensive study carried out by three renowned economists validates the fact the Université de Moncton contributes a great deal to society by creating jobs and educating individuals at all three levels of post-secondary education, as well as by enriching the knowledge base thanks to its researchers,” said Raymond Théberge, President and Vice-Chancellor.

According to the study, the Université de Moncton contributes more than $1.6 billion to the growth of New Brunswick and Canada. In 2015, the institution generated more than $466 million in annual sales in New Brunswick and more than $237 million in Canada.

For that same year, the contributions of Université de Moncton undergraduate and postgraduate students working in New Brunswick are estimated at nearly $900 million.

The Université de Moncton generated at least 2,770 full-time equivalent jobs in the province and approximately 935 full-time equivalent jobs elsewhere in the country. In the area of research, the Université de Moncton’s economic impact hit $11 million in 2015, or $30,000 on average per professor. This performance translates into a major contribution to the advancement of knowledge. The Université de Moncton’s teaching faculty publishes more than 400 scientific articles in any given year.

The Université de Moncton’s impact, including that of its graduates, is felt throughout all areas of New Brunswick, particularly in those where one of its three campuses are located.

As an institution which receives public funding, it must be noted that the Université de Moncton gives back more than $55 million annually to government tax coffers. In fact, in 2015, the Government of New Brunswick received nearly $21 million thanks to the presence of the Université de Moncton while the federal government received more than $25.5 million. As well, in 2015, the governments of other provinces and territories received $8.5 million in tax revenue thanks to the Université de Moncton.

For more details, see the Economic impact of the Université de Moncton.



Return to Press release