Halifax
Quick Facts
Province: Nova
Scotia (capital city)
Population: 380,000
In 1749, British settlers established Halifax as Canada’s first town. Over the past 250 years this picturesque fishing village has evolved into a sophisticated gateway city that plays host to welcoming the world to Eastern Canada. Today, Halifax is a major port city and a regional business hub and growth engine for the province of Nova Scotia and the Atlantic Canadian Region, thanks to its critical mass of business and transportation services.
Key Advantages
- Highly diversified economy generated $12,550 Million in GDP in 2008
- World leader in the financial services sector
- New frontier for energy opportunities make this growing city the economic center for Canada’s east coast, representing 20% of all economic activity in Atlantic Canada
- Member of the World Energy Cities Program and has committed $1.5 to exploration of the 40 trillion cubic feet of estimated natural gas reserves
- Prime location for exporting goods—closer to Europe than any other east coast port and a full day closer to Southeast Asia than any other North American east coast port
- Foreign investors are sold on globally competitive business costs, strong telecommunications infrastructure and advanced R&D facilities
- One of the best educated workforces in the country with 67% of the working age population processing a university degree a non-university trades certificate or diploma
- Leader in going “Green”—Halifax’s recycling program began back in 1990, and diverts over 26,000 metric tonnes of waste from landfills every year
- Home of the world-class Brain Repair Centre
- Site of 44% of all of Canada’s military assets
- Halifax Stanfield International Airport received over 3.5 million travellers in 2008 accounting for over half of the air passenger traffic through the Atlantic Canada Region and contributing $1.2 billion to the provincial economy
- Affordable city providing all the amenities of a modern metropolis, without the high costs of living
Sector Strengths
- Financial Services
- Aerospace/ Advanced Manufacturing
- Nearshore Outsourcing
- Education
- Energy
- ICT
- Life Sciences/Biotechnology
- Transportation/Logistics
Look Who’s Doing Business in Halifax
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