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Moncton, New Brunswick

Moncton is on the Petitcodiac River, and is located in southeastern New Brunswick. Moncton is sometimes referred to as the "Hub City" as it is at the geographic centre of the Maritime provinces, and was known as the heart of the areas railway and transportation. The city's population is bilingual (anglophone and francophone), while the majority of the remaining 60% are English speaking.

Moncton is one of the top ten fastest growing areas in Canada and is experiencing economic growth to boot. Moncton is home to many prominent corporations including the Atlantic Lottery Corporation, Assumption Mutual Life Insurance, Major Drilling Group International, Co-op Atlantic and the Pizza Delight Corporation head office.
(Pictured here: Moncton at night on the Petitcodiac River)

Population by Census Subdivision (Census 2006)

       
Visible minority population characteristics
Total
Male
Female
Total population
124,060
59,905
64,150
Total visible minority population
2,420
1,230
1,195
Chinese
300
135
155
South Asian
350
170
180
Black
1,030
540
490
Filipino
95
30
65
Latin American
95
60
35
Southeast Asian
65
30
40
Arab
160
115
45
West Asian
70
35
30
Korean
65
40
25
Japanese
10
0
10
Visible minority
0
0
0
Multiple visible minority
175
65
110
Not a visible minority
121,635
58,675
62,955

 

Don't Be Alarmed, I.D. Required

As of June 23, 2008, your REALTOR® will have to ask for identification, as in picture I.D. In June 2007, the federal government approved amendments to regulations under the Proceeds of Crime (Money Laundering)and Terrorist Financing Act (PCMLTFA). The amendments, which come into effect on June 23, 2008, are designed to broaden the scope of record keeping and reporting requirements. This means that real estate salespersons and brokers will have new obligations under the PCMLTFA.

Requirements as of June 23, 2008 will include a receipt of funds record for all transactions regardless of the amount of funds received (unless funds are received from a financial entity or public body). In addition, a client identification record will be required to be completed with respect to every purchase and sale regardless of the existence of a cash deposit. Salespersons and brokers will be required to verify and record the identification of each client involved in a particular sale.

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The word REALTOR® is a registered trademark owned in Canada by REALTOR® Canada Inc., a subsidiary of the Canadian Real Estate Association. Only members of the Canadian Real estate Association have the right to use the trademark and in strict accordance with the rules and only to identify membership in this association. The word Realtor®: is a registered trademark in the United States and only members of the National Association of Realtors®: are permitted to use and spell (upper case and lower case) the word. This is a Canadian site offering information, the word REALTOR® intended use is that of a member of the Canadian Real Estate Association. The owner of the site is a member of the Canadian Real Estate Association. If you would like further information please contact.

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