2015 Key Findings

New Brunswick is home to over an estimated 280 music businesses and 670 artist entrepreneurs.
New Brunswick’s music industry has experienced an estimated 284% increase in industry revenues over the last decade, rising from $19.9 million in 2003 to $76.5 million in 2013.
The primary sources of revenue were live performance, education and sales of sound recordings.
New Brunswick’s music industry accounts for a total of $36.6 million in expenditure.
The primary sources of expenses were labour costs, followed by travel, equipment and fees paid to other artists.
The most prominent music business activities in New Brunswick were in the live music sector, starting with promoting, followed by live events management, and managing artists.
Music businesses and professionals in New Brunswick employ an estimated total of 390 employees, resulting in 290 FTE jobs.
Generating $13.5 million in total wages, the average FTE salary is approximately $46,000 and the company operating margins are estimated at 3.8%.
New Brunswick music businesses and professionals promoted or hosted over an estimated combined total of 5,430 live performances in 2012.

The total economic impact of the full music industry in New Brunswick was 954 FTE jobs (in addition to 676 artists), $41.2 million in labour income and $65.2 million in GDP.
For every $1 of music industry expenditures, approximately $0.90 is captured by the New Brunswick economy.
The total fiscal impact of the full music industry in New Brunswick was $19.6 million in tax revenues to all levels of government.
Federally, the New Brunswick music industry contributed $5.8 million in personal income taxes, $1.4 million in corporation taxes and $1.9 million in consumption taxes to government.
Provincially, the New Brunswick music industry contributed $3.6 million in personal income taxes, over $300,000 in corporation income taxes, $4.1 million in consumption taxes and $2.3 million in local property taxes and other fees to government.

Semaine MNB Week 2024