Fredericton is the capital of the Canadian province of New Brunswick, by virtue of the provincial parliament which sits there. An important cultural, artistic, and educational centre for the province, Fredericton is home to two universities and cultural institutions such as the Beaverbrook Art Gallery, the York Sunbury Museum, and The Playhousea performing arts venue. The city hosts the annual Harvest Jazz & Blues Festival, attracting regional and international jazz, blues, rock, and World artists.
Fredericton is also known for its indie rock scene, featuring jamband-reminiscent artists like Grand Theft Bus, and the record label Forward Music Group. 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 has the highest percentage of residents with a post-secondary education in the province and one of the highest per capita incomes.