PropertyGuys.com, Canada’s largest private-sale real estate network, is expanding its business services center in Moncton, New Brunswick, CAN and will create up to 30 jobs over three years with support from the provincial government.
“Growing the economy and creating jobs remains a top priority for your government,” said Finance Minister Cathy Rogers. “One way that we can accomplish this is by supporting world-class New Brunswick businesses like PropertyGuys.com as they grow and expand their global reach.”
PropertyGuys.com was founded in Moncton in 1998. The company has more than 110 franchise operators, serving over 600 communities across Canada. It is now developing plans to export its proprietary technology into various global markets. The company recently entered into a master franchise agreement in Australia that is now in early development stages, and it is working on an expansion into the United States.
The provincial government, through Opportunities NB, is investing $117,985 into $2.8 million worth of payroll over four years. This will support the creation of up to 30 jobs in Moncton and is expected to contribute $10 million to the province’s GDP over four years and $167,815 in provincial taxes over that same period.
“Our growth strategy is focused on high-touch meeting high-tech,” said Ken LeBlanc, CEO and co-founder, PropertyGuys.com. “Achieving the perfect balance between people and tech is really what we are trying to do. Opportunities NB’s support and guidance have been invaluable as we have grown into a global company from right here in New Brunswick.”
Opportunities NB is a Crown corporation that seeks to attract and support opportunities to grow the economy and create jobs. It provides support services for businesses across the province. The funding comes in the form of payroll rebates, which are performance based and only disbursed annually to a company once it has created and maintained the jobs during the year of the claim and provided proof of salary levels and employment.