Start Your Moncton Construction and Mining Machinery Wholesale Business
This page gives you a practical roadmap to launching a Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesaler in Moncton (NAICS 423810). You’ll find a clear overview of the 10 requirements you must meet, from choosing a business structure to securing space and supplier credit. It also highlights the permits, startup costs, and the typical timeline you should expect as you prepare to operate.
Across the 10 requirements, you’ll learn what registrations and licenses you’ll need (business name, CRA business number, GST/HST), local zoning and municipal permits, insurance and safety certifications, and how to lock in reliable suppliers and financing. We outline permits you may encounter, estimated costs, and practical steps to move from plan to launch—so you can hit milestones on a realistic schedule.
Moncton is a great fit for this business: a growing construction and industrial market in Atlantic Canada, solid logistics access, and a supportive local ecosystem for wholesalers. With the right setup, you can serve contractors and mines across New Brunswick while keeping a scalable operation in a city that welcomes entrepreneurs.
Requirements Overview
For a construction and mining machinery wholesaler in Moncton, the most critical requirement is Product Safety and Recall Obligations. This is a legal must—you cannot operate or sell equipment without meeting safety standards and having a clear recall plan in place. Practically, this means ensuring the products you stock meet applicable safety rules, keeping reachable records, and having a defined process to act quickly if a recall is announced. Put simply: if a safety issue arises, you must respond promptly and transparently to protect customers and stay compliant.
Beyond safety, there are mandatory operational requirements that keep the business running smoothly and safely. Health and safety come first: you’ll need New Brunswick WorkSafeNB Employer Coverage so employees are protected and you meet workplace rules, training, hazard assessments, and incident reporting expectations. You’ll also need the appropriate local licences to operate, which typically includes a Business Licence. Grouped with these are the practical steps of choosing your business structure and ensuring you comply with related permits as your activities expand.
On the registration and tax side, you’ll want the right IDs and numbers to legally run and file taxes. This includes obtaining a Business Number (BN) from the federal government, registering your New Brunswick business name (SNB), and, if applicable, completing Partnership Registration or NB Corporation Registration. If you plan to import or export equipment, you’ll need an Import/Export Business Number. You’ll also register for GST/HST and set up payroll deductions for employees. These registrations are essential for taxation, reporting, and working with suppliers and customers.
If you’re ready to move forward, start with a quick checklist: confirm Product Safety and Recall obligations, secure WorkSafeNB coverage, obtain a local Business Licence, and then handle the BN, SNB, and any entity registrations. From there, add GST/HST, payro
Detailed Requirements
Here are the specific requirements for starting a construction and mining (except oil well) machinery and equipment merchant wholesalers in Moncton:
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Product Safety and Recall Obligations RequiredWholesalers must ensure products meet Canadian safety standards and report serious incidents. Must participate in product recalls and maintain records for traceability. No registration - compliance law. Manufacturers/importers/sellers must ensure products are safe. MANDATORY REPORTING to Health Canada if: death/serious injury occurred or could occur, defects found, inadequate labeling, or recall in other jurisdiction. Keep records 6 years. Penalties: fines, seizure, criminal charges. Report incidents online or call 1-866-662-0666.
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Business Licence RequiredGeneral business licence required to operate a business in City of Moncton. Apply to City of Moncton for Business Licence: 1. Determine business category 2. Complete business licence application 3. Submit required documents (ID, lease, zoning confirmation) 4. Pay application and annual fees 5. Await approval and receive licence Contact City of Moncton Business Licensing for specific requirements. Home-based businesses may have different requirements. Annual renewal required.
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Business Number (BN) Registration RequiredA 9-digit Business Number is required for most businesses operating in Canada. It is used to interact with the Canada Revenue Agency and other federal programs. Required for GST/HST, payroll, corporation income tax, and import/export accounts. Register FREE online through Business Registration Online (BRO) at canada.ca. Takes 15-30 minutes. As of November 3, 2025, online registration is MANDATORY for new BNs - phone registration no longer available. You'll need: business name, address, owner SIN, business type, and start date. BN (9-digit number) issued INSTANTLY online. Available 21 hours/day, 7 days/week (closed 3-6am ET for maintenance).
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New Brunswick Business Name Registration (SNB) RequiredBusinesses in New Brunswick must register their business name with Service New Brunswick if operating under a name other than the owner's legal name. This applies to sole proprietorships, partnerships, and trade names. Registration provides legal recognition and is required for business operations and licensing. Registration can be completed online through SNB Online. Business name registrations for sole proprietorships and partnerships must be renewed every 5 years. To register a business name in New Brunswick: 1. Conduct name search ($13.80) 2. Complete registration through SNB Online 3. Pay $112 registration fee (includes Royal Gazette) 4. Receive certificate of business name 5. Renew every 5 years ($62) 6. Report any changes as required
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Partnership Registration ConditionalRequired for partnerships. Registration of partnerships. Register through Province of New Brunswick Corporate Registry or business services: 1. Conduct name search if applicable 2. Complete registration application 3. Submit required documents 4. Pay registration fees Contact Province of New Brunswick government services for specific requirements and fees. Annual reporting may be required.
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Import/Export Business Number ConditionalRequired for specific regulated activities. Wholesalers engaged in importing or exporting goods must register for an import/export account with Canada Border Services Agency (CBSA) in addition to their CRA Business Number. As of Oct 21, 2024, register RM account through CBSA's CARM Client Portal (not CRA). Need BN9 first - get via CARM or CRA's BRO. FREE registration. Required for importing/exporting commercial goods. Ensure all business names match exactly to avoid border delays. CBSA manages RM accounts; CRA issues BN9. Contact CBSA Border Information Service: 1-800-461-9999.
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NB Corporation Registration ConditionalRequired if incorporating in New Brunswick. Incorporation under NB law. Register through Province of New Brunswick Corporate Registry or business services: 1. Conduct name search if applicable 2. Complete registration application 3. Submit required documents 4. Pay registration fees Contact Province of New Brunswick government services for specific requirements and fees. Annual reporting may be required.
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GST/HST Registration ConditionalRequired if annual taxable revenue exceeds $30,000 (small supplier threshold). Taxi/ride-share drivers must register regardless of revenue. Businesses with gross revenues over $30,000 in any single quarter or over four consecutive quarters must register for, collect, and remit GST/HST. Small suppliers (under $30,000) may register voluntarily. Register FREE online through Business Registration Online (BRO) when your revenue exceeds $30,000 in any 4 consecutive quarters (small supplier threshold). Takes 15-30 minutes. You MUST register within 29 days of exceeding threshold and start charging GST/HST immediately on the sale that made you exceed it. Need your BN (or get one simultaneously). As of Nov 3, 2025, online registration is mandatory. Voluntary registration available anytime for input tax credits.
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Payroll Deductions Registration ConditionalRequired if you pay salaries, wages, or other remuneration to employees. Must register before first pay period. Required if you have employees. You must withhold Canada Pension Plan (CPP), Employment Insurance (EI), and income tax from employee wages and remit to CRA. Register FREE online through Business Registration Online (BRO) when you hire your first employee. Takes 15-20 minutes. You'll need your Business Number (BN) or can get one simultaneously. Payroll account (RP) added to your BN instantly. Register BEFORE your first pay date. Required to deduct CPP, EI, and income tax from employee wages. For 2025: CPP rate 5.95%, EI employee rate $1.66/$100 insurable earnings.
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New Brunswick WorkSafeNB Employer Coverage ConditionalRequired if you have employees in New Brunswick. Employers in New Brunswick must register with WorkSafeNB (Workplace Health, Safety and Compensation Commission) and maintain coverage for workers. WorkSafeNB provides insurance coverage for workplace injuries and occupational diseases. Most employers are required to register, with limited exceptions. Registration must occur within 10 days of commencing business operations or hiring the first worker. Employers pay assessments based on their classification unit rate and assessable payroll. To register with WorkSafeNB: 1. Determine if you're in a mandatory industry with 3+ workers 2. Register with WorkSafeNB online or by phone 3. Report assessable payroll annually 4. Pay premiums based on industry rate ($1.18/100 avg 2024) 5. Maintain coverage and report workplace injuries 6. Experience rating affects rate (+80% to -40%)
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