Costs

Low Business Costs

The cost of doing business in Sackville is lower than in most cities in Atlantic Canada and New England.

Property tax rates

Metered Rates

Billed quarterly March 31, June 30, September 30 and December 31. The meter charge shall not be less than 30 cubic meters quarterly. Charges are per cubic meter.

  • Metered Water
    • $37.50 minimum charge for 30 m3 or 6600 gallons
    • $5.68 per 1000 gallons or $1.25 per m3
  • Metered Sewer
    • $25.50 minimum charge for 30 m3 or 6600 gallons
    • $3.86 per 1000 gallons or $0.85 per m3
  • Total Minimum Charge: $63.00

Charges of Each Separate Occurrence

  • Hook-up/Disconnect: $30.00 each
  • New installation — water: $1000.00 minimum charge
  • New installation — sewer: $1000.00 minimum charge
  • Special meter readings/Encumbrance Certificate: $30.00
  • Annual sprinkler charge (July): $430.00
  • Annual hydrant charge (private): $295.00

Property Assessment Tax Rate

Commercial

  • Municipal: $2.3025 per $100 of assessment
  • Provincial: $2.3680 per $100 of assessment
  • Other — Cost of Assessment: $.0194 per $100 of assessment
  • Total: $4.7079 per $100 of assessment
  • Residential Tenancy Admin. Fee: $.0486 per $100 of assessment
  • Business Improvement Area Levy: $.2000 per $100 of assessment

Residential

  • Municipal: $1.5350 per $100 of assessment
  • Provincial: $1.4573 per $100 of assessment
  • Other: Cost of Assessment: $.0194 per $100 of assessment
  • Total: $3.0550 per $100 of assessment
  • Credit: $1.4573
  • Total: $1.5544 per $100 of assessment

Competitive land costs

The cost of land in Sackville is lower than in major centres in North America.

Competitive cost of Land in Sackville [bar chart], showing US dollars per acre, with Sackville at $12,000, Halifax at $86,000, Toronto at $216,000, Vancouver at $215,000 and Boston at $350,000. Source: KPMG Competitive Alternatives (2004)
Source: Enterprise South East

Lots are availalbe in the Sackville Industrial Park. For more information, contact b.swift@sackville.com.

In addition to the downtown area and the industrial park, the town also has land available for commercial development. Please contact b.swift@sackville.com for information on price, availaibity and suitability.

Low cost of living

One of the reasons Sackville has competitive operating costs is because of the area’s relatively low cost of living. The cost of housing is much lower than in urban centres. The monthly cost of owning and maintaining a house in Sackville is almost 20% lower than in Metro Halifax.

  • Average value of owned dwelling $129,520
  • Median monthly rent $561

(Statistics Canada 2006 Census)

Competitive wages

  • New Brunswick’s wages are among the most competitive on the continent. 2009 average annual earnings are anywhere from 3 to 40 per cent lower than anywhere else in North America for: Computer Programmers, Electronics Technicians, Machine Tool Operators, Machinists, Mechanical Engineers, Production Supervisors and Systems Analysts.
  • The number of hours required to be considered overtime in Canada is 44 hours. American companies must pay overtime after only 40 hours. The payroll differential can grow substantially for most production operations.
  • Minimum wage is set at $9.50/hr and the overtime rate is $14.25/hr.

For more information on the savings to be found by doing business here, visit the Business New Brunswick website.