For Immediate Release
[10 April 2013]

(FREDERICTON, NB) – The Fredericton Chamber of Commerce congratulates the City of Fredericton on being named the winner of fDi Magazine’s American Cities of the Future micro category. The cities filling out the top ten make it clear that the competition was tough.

“At a time when the province and to a lesser extent, the country, are struggling financially, being named the overall winner of the micro category is further proof that the City’s collaborative economic development policies are working,” stated Krista Ross, CEO of the chamber.

Equally impressive are the city’s rankings in individual categories-fourth in Best Foreign Direct Investment (FDI) Strategy, fifth in Business Friendliness, and sixth in Economic Potential. These categories are critical for continued growth in the community.

“The chamber, the City of Fredericton and all of our partners and stakeholders have made the concepts contained in these categories a priority for our economic development efforts,” continued Ross. “I think this is well-reflected in the recently released Vision 2020 strategy. Maintaining strength in business friendliness, economic potential and FDI will be critical in continuing to establish Fredericton as ‘Startup City.’”

“This is a good news story for Fredericton at just the right time,” said Janice Corey, chamber president. “Since the Vision 2020 process was launched, there has been a feeling that economic development momentum has been increasing in the city and we need to continue to build on that. These results demonstrate that we are on the right track.”

With more than 950 members, the Fredericton Chamber of Commerce is one of Atlantic Canada’s largest chambers of commerce. A dynamic business organization, the Fredericton Chamber of Commerce is actively engaged in policy development that affects the competitiveness of our members and of the Canadian business environment.

Contact: Krista Ross, CEO, 458.8006.

pdfApril 10, 2013 - Chamber congratulates City on fDi Magazine ranking