UNB has $1.2 B impact on provincial economy, says report

October 9, 2015

The University of New Brunswick has announced the release of a new report finding that UNB has a total economic impact of $1.2 B on NB’s economy. The report was produced by the independent agency Economic Modelling Specialists International, which found that the total impact of UNB is equal to 4.5% of the province’s Gross Domestic Product. The report also found that NB’s students and taxpayers recoup more than double their investment for every $1 spent on the university; students gained on average $2.80 in lifetime earnings for every dollar spent, while $2.80 was returned in provincial income and social savings for the province. UNB | NBSA | Full Report