Investment Opportunities

The Village of Petitcodiac is ideally located midway between Moncton and Sussex. With highways 1 and 2 passing the Village, and CN railway passing through the Village, transportation infrastructure is in place for your business.

Economic Profile

The Village of Petitcodiac offers a vibrant community of almost 1400 people1, with more people in the surrounding areas. Many residents in and around Petitcodiac rely solely on services and retail businesses in the Village for their daily needs.

With competitively priced retail and industrial land, Petitcodiac offers short and long term cost savings and many opportunities for entrepreneurs.

Rates and Fees for Retail and Industrial businesses are as follows:

 

Commercial Sewer Rates

Commercial Sewer Rates are based on units for the business type and size. For more information on Sewer Units, please contact the Village Office.

Commercial Sewer Rate (per unit per year) $ 300.00



Commercial Property Tax Rates

Commercial tax rates are calculated per $100 of the assessed value of the property. The commercial tax rate consists of municipal and provincial rates.

Cost of Assessment $ 0.02
Municipal Tax Rate $ 1.9191
Provincial Tax Rate $ 2.25



Petitcodiac is already the home of the very succesful Maritime Geothermal Company.

Available Land

Petitcodiac succeeded in creating a good business climate while maintaining its small-town ambiance by separating the residential areas from the Industrial zones.

Petitcodiac has approximately 100 acres of land zoned for Industrial use on both sides of Highway 1 and along the CN rail line. The rail line and close proximity to the junction of highways 1 and 2 makes Petitcodiac a central location not only in New Brunswick, but also in all the Maritime Provinces, to establish your business or industry.

The Industrial Zone is serviceable by sewer with good quality ground water. Three phase power is available.

Click on the map below to see a zone map for Petitcodiac, as laid out by the Greater Moncton Planning Commission:

For more information on available land for commercial and industrial development, please contact The Village Office at (506) 756-3140 or send an e-mail to vop@nbnet.nb.ca.

Advantages of Investing in Petitcodiac

Petitcodiac attracts investors who want to balance the country lifestyle for employees with the benefits of being close to large centers and having excellent transportation links. The following list summarizes a few of the many advantages of investing in Petitcodiac:

  • Excellent transportation links with highways 1 and 2, and the CN rail line in the Village. Most of the rail traffic between Nova Scotia and the North Eastern United States passes through the Village. The four-lane Trans Canada Highway and Highway 1 provides quick and easy access to Saint john, Moncton, Charlottetown, Halifax and the Unites States.

  • The Moncton International Airport is approximately 43km from the Village of Petitcodiac.

  • Prince Edward Island is easily accessible via the Confederation Bridge, which is only a 55 minute drive from Petitcodiac.

  • Excellent location midway between the vibrant and fast-growing city of Moncton and the town of Sussex.

  • Well-priced homes for prospective employees and a wonderful sense of community in a full service village.

To get more information on investment opportunities in the Village of Petitcodiac, please contact The Village Office at (506) 756-3140 or send an e-mail to vop@nbnet.nb.ca.

1 According to the 2006 Census
 

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