Nova Scotia

Investors in every sector recognize that Halifax’s strategic position as a global shipping centre and unparalleled access to growing Eastern Canadian and Northeastern US markets make Nova Scotia the best place to do business in Atlantic Canada. Add in the province’s wealth of energy resources, sophisticated infrastructure and research centres, highly skilled workforce, outstanding academic institutions and low operating costs, it is obvious why the international business community is choosing Nova Scotia.

Business Environment

  • Positioned as the gateway to North America and as a global shipping centre that offers unparalled access to the US & European markets.
  • Some of the lowest costs for facility leases, utilities and for salary and wages when compared to other North American and European jurisdictions (KMPG’s Competitive Alternatives report, 2008)
  • R&D tax credits reach as high as 35%
  • Generous business loans of up to $15 million

Workforce

  • 11 universities and 13 community college campuses
  • Halifax (the capital city) has the highest ratio of educational facilities to population in North America
  • 1 in 4 people in Halifax has a university degree - the city has the highest percentage of employees with a degree, diploma or certificate in Canada
  • Nova Scotians report some of the highest levels of job satisfaction and organizational commitment in Canada
  • Companies located here have a proven ability to attract and retain the best and brightest from all over the world, in particular native Atlantic Canadians

Other Key Advantages

  • Site of 44% of all of Canada ’s military assets, attracting defence and aerospace industries
  • Nova Scotia is the largest marketer of biodiesel and biofuels in Canada
  • Tidal power potential - with 16-meter (52 foot) tides in province's Bay of Fundy
  • Exporting made easy through CN’s intermodal cargo rail services and access to the deepest, ice-free port on the eastern seaboard, the Port of Halifax
  • Vibrant arts and cultural scene, vast recreational offerings and exquisite coastal scenery provide a attract tourists from across the country and around the world

Sector Strengths

  • Financial Services
  • Information Technology
  • Defence, Security and Aerospace
  • Oil and Gas Industry
  • Manufacturing
  • Life Sciences
  • Contact Centres
  • Gaming and Interactive Media