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About Moncton:
Moncton is a Canadian city located in Westmorland County in
southeastern New Brunswick. Situated in the Petitcodiac River
Valley, it lies at the geographic centre of the Maritime Provinces.
The city has gained the nickname "Hub City" because of its central
location and also because Moncton has historically been the railway
and land transportation hub for the Maritimes.
The city proper has a population of 69,074 (2011). The city covers
142 km2 (55 sq mi). The Moncton CMA has a population of 138,644
(2011). The CMA includes the neighbouring city of Dieppe and the
town of Riverview, as well as adjacent suburban areas in Westmorland
and Albert counties.
Although the area was originally settled in 1733, Moncton is
considered to have been officially founded in 1766 with the arrival
of Pennsylvania Dutch immigrants from Philadelphia. Initially an
agricultural settlement, Moncton was not incorporated until 1855. It
was named for Lt. Col. Robert Monckton, the British officer who had
captured nearby Fort Beausejour a century earlier. A significant
wooden shipbuilding industry had developed in the community by the
mid-1840s, allowing for civic incorporation in 1855, but the
shipbuilding economy collapsed in the 1860s, causing the town to
subsequently lose its charter in 1862. Moncton regained its charter
in 1875 after the community's economy rebounded, mainly due to a
growing railway industry. In 1871, the Intercolonial Railway of
Canada had chosen Moncton to be its headquarters, and Moncton
remained a railroad town for well over a century until the closure
of the Canadian National Railway (CNR) locomotive shops in the late
1980s.
Although the economy of Moncton was traumatized twice—by the
collapse of the shipbuilding industry in the 1860s and by the
closure of the CNR locomotive shops in the 1980s—the city was able
to rebound strongly on both occasions. The city adopted the motto
Resurgo after its rebirth as a railway town. At present, the city's
economy is stable and diversified, primarily based on its
traditional transportation, distribution, retailing and commercial
heritage, but also supplemented by strength in the educational,
health care, financial, information technology and insurance
sectors. The strength of the economy has received national
recognition and the local unemployment rate is consistently less
than the national average.
Information source: Wikipedia
