Also sometimes called New Brunswick and commonly abbreviated NB, it is one of the ten provinces that, along with the three territories, make up the thirteen federal entities of Canada. Its capital is Fredericton and its most populous city, Moncton. It is located in the east of the country, bounded on the north by the Gulf of San Lorenzo that separates it from Prince Edward Island, on the east by the Bay of Fundy that separates it from Nova Scotia, on the south by the United States and on the west by Quebec.
Most of New Brunswick is covered by forests. Forestry is one of the main sources of income in the province. New Brunswick is one of the largest wood producers in Canada, as well as the largest producer of newspaper in the country. The most important sources of income for New Brunswick are manufacturing, tourism, forestry, mining and fishing.
Together with Nova Scotia, Ontario and Quebec, New Brunswick is one of the four original provinces of the Canadian Confederation, created on July 1, 1867.
The primary sector accounts for 5% of New Brunswick's GDP. Agriculture and livestock together account for 2% of the GDP of the province and employ approximately 6.1 thousand people. New Brunswick owns about 3.4 thousand farms that cover 5% of the province. The main products of the primary sector in New Brunswick are potatoes, ornamental flowers and meat and milk. Forestry contributes 2% of the GDP of the province, employing about 7 thousand people. Fishing accounts for about 1% of GDP and employs about 3,000 people. The annual value of the fishing captured in the province is approximately 175 million Canadian dollars.
The secondary sector contributes 25% of New Brunswick's GDP. The manufacturing industry contributes 14% of the GDP of the province and employs approximately 41 thousand people. The construction sector accounts for 5% of the GDP of the province and employs about 19.6 thousand people. Mining contributes 2% of GDP and employs approximately 3 thousand people. The main natural resources extracted in New Brunswick are lead, copper, silver, zinc, cadmium, bismuth, gold and coal.
The tertiary sector accounts for 70% of New Brunswick's GDP. The services represent 22% of the GDP of the province and employ about 127.3 thousand people. Financial and real estate services employ approximately 12.7 thousand people and account for more than 22% of New Brunswick's GDP. Wholesale and retail trade accounts for 11% of the province's GDP and employs approximately 55.1 thousand people. Transport and telecommunications account for 10% of GDP and employ approximately 32.2 thousand people and government services 10% of the GDP of the province, employing approximately 22.9 thousand people. Public services account for 4% of the GDP of the province and employ approximately 4.3 thousand people.