Start Your Industrial Machinery and Equipment Merchant Wholesalers in Moncton
This page gives you a practical roadmap to start an Industrial Machinery and Equipment Merchant Wholesalers business (NAICS 423830) in Moncton. You’ll find a clear overview of the 10 requirements, plus what permits, licenses, and registrations you’ll need to operate. We break down costs and a realistic timeline so you know what to plan for from day one.
What you’ll learn includes the exact 10 requirements, how to file for permits, which licenses apply to wholesalers, startup costs, and a practical 6–8 week timeline to get your business up and running in Moncton. We also cover essential steps like registering for a business number, setting up GST/HST, securing supplier accounts, insurance basics, and basic compliance checks.
Moncton’s growing industrial sector, affordable spaces, and close access to Atlantic markets make it a strong place to launch. With a supportive business climate and available supplier networks, you can move from plan to profits faster.
Requirements Overview
The most critical requirement for operating a industrial machinery and equipment merchant wholesaler in Moncton is Product Safety and Recall Obligations. This is a legal requirement you cannot operate without—your products must meet safety standards and you must have a plan for handling recalls when needed. It is non-negotiable: without proper safety and recall compliance, you cannot legally run the business.
Mandatory Operational Requirements for health, safety, and permits mean you must align safety processes with licensing. Have robust product safety practices and recall readiness, and ensure your staff are protected through proper health and safety measures. You also need a provincial business licence to legally operate in Moncton, and if you have employees, you must maintain New Brunswick WorkSafeNB employer coverage for workers’ compensation. Grouped together, these items form the core daily compliance that keeps your operation safe and legal.
Business Registration & Tax involves the formal registrations and accounts that keep you on the right side of taxes and corporate rules. You’ll register your business name with New Brunswick (SNB) and obtain a Canada Revenue Agency Business Number (BN). Depending on your structure, you may need Partnership Registration or NB Corporation Registration. You’ll likely handle GST/HST Registration and Payroll Deductions Registration, and if you import or export goods, you’ll need an Import/Export Business Number. These numbers are essential for invoicing, reporting, and smooth financial operations.
Encouragement: Next steps are straightforward—confirm the product safety/recall obligations are in place and start the licensing and registration process. Decide your business structure (partnership or corporation), register the name (SNB), obtain your BN, and determine GST/HST, payroll, and import/export needs. If you’d like, I can lay out a simple 6-week plan to get you fully compliant and ready to operate in Moncton.
Detailed Requirements
Here are the specific requirements for starting a industrial 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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