Fredericton is the capital of the Canadian province of New Brunswick. The city is an important cultural, artistic and educational centre for the province and is home to two universities - the University of New Brunswick and St. Thomas University. As a provincial capital, its economy is inextricably tied to the fortunes of the public sector; however, the city also contains a growing IT and commercial sector. The city boasts the highest percentage of residents with a post-secondary education in the province and one of the highest per capita incomes.
Fredericton is home to cultural institutions such as the Beaverbrook Art Gallery, the York-Sunbury Museum and The Playhouse, t he latter which serves as a venue for theatre, concerts and other entertaining diversions. The city hosts the annual Harvest Jazz & Blues Festival, attracting regional and international jazz and blues artists.
Fredericton enjoys a mild climate compared to most of Canada, although its location away from the coast means it is more prone to extreme temperatures than most other major cities in Atlantic Canada. The average January low temperature is -15°C; while the average high in July and August is 26°C.