The Greater Halifax Partnership released the findings of their Head and Regional Office (HRO) Report. This value proposition illustrates why HROs are viable for the city of Halifax.
Selecting a Sourcing Location in Latin AmericaNeo Group Inc
Given the diverse talent, competitive costs and cultural fit available in Latin America, the region is becoming increasingly attractive to U.S. businesses looking for strategic partners for every blend of service, including ITO, BPO, and KPO. But understanding the unique opportunities and challenges of each country within the region can be challenging.
PIC - Professional Business Tours and Trade MissionsMark Street
Promoting International Collaboration (PIC) is facilitating professional business tours and trade mission delegations to and from Israel to encourage commerce, and foster closer business relationships between Africa and Israel.
Selecting a Sourcing Location in Latin AmericaNeo Group Inc
Given the diverse talent, competitive costs and cultural fit available in Latin America, the region is becoming increasingly attractive to U.S. businesses looking for strategic partners for every blend of service, including ITO, BPO, and KPO. But understanding the unique opportunities and challenges of each country within the region can be challenging.
PIC - Professional Business Tours and Trade MissionsMark Street
Promoting International Collaboration (PIC) is facilitating professional business tours and trade mission delegations to and from Israel to encourage commerce, and foster closer business relationships between Africa and Israel.
Influence of Timeline and Named-entity Components on User Engagement Roi Blanco
Nowadays, successful applications are those which contain features that captivate and engage users. Using an interactive news retrieval system as a use case, in this paper we study the effect of timeline and named-entity components on user engagement. This is in contrast with previous studies where the importance of these components were studied from a retrieval effectiveness point of view. Our experimental results show significant improvements in user engagement when named-entity and timeline components were installed. Further, we investigate if we can predict user-centred metrics through user's interaction with the system. Results show that we can successfully learn a model that predicts all dimensions of user engagement and whether users will like the system or not. These findings might steer systems that apply a more personalised user experience, tailored to the user's preferences.
Summary of the research at the Dept. of Computing at the University of Surrey. Presented at "Implementing Future Networks, Content and Services with Secure and Efficient Systems." At the University of Surrey 20th Sept 2010
#ForoEGovAR | UNU_EGOV and Knowledge Societies Policy Handbook ProjectCESSI ArgenTIna
Documento elaborado por Tomasz Janowski con motivo del Foro Argentino de Transformación Digital, organizado por CESSI y la United Nations University (UNU_EGOV). Buenos Aires, 7 de marzo de 2016.
Prunus africana “No chop um, no kill um, but keep um”: From an endangered spe...Verina Ingram
How governance makes a difference in the sustainability and livelihood impacts of international trade of a medicinal bark of a tree found in African mountains. this case study from Cameroon illustrates the many governance arrangements exsisting and thier mixed impacts.
Three Multifamily Markets That Will Benefit from the Onshoring of American Ma...Shah Ahsan
As onshoring becomes an increasingly favored choice for several North American manufacturers, the resurgence of ‘Made in America’ manufacturing looms on the horizon as manufacturers grow weary of the fragility of Just-in-Time delivers, the US-China trade war and dealing with overwhelmed West Coast ports. This shift to localized production, especially for critical industries such as healthcare and medical devices, will have long lasting effects on the commercial real estate industry – especially industrial real estate. However, this uptick in manufacturing will not only thrust demand for industrial real estate but will also profoundly impact the multifamily real estate market as well. The reality is that the rise of domestic manufacturing will lead to the creation of several new manufacturing jobs which would subsequently result in an increase in demand for multifamily real estate in select markets. This short article will examine three multifamily markets that are poised to outperform as a result of the onshoring of American manufacturing.
Halifax, Nova Scotia, is renewing its Economic Strategy for 2011-2016 in collaboration with all three levels of government, business and community.
This presentation provides economic background
Influence of Timeline and Named-entity Components on User Engagement Roi Blanco
Nowadays, successful applications are those which contain features that captivate and engage users. Using an interactive news retrieval system as a use case, in this paper we study the effect of timeline and named-entity components on user engagement. This is in contrast with previous studies where the importance of these components were studied from a retrieval effectiveness point of view. Our experimental results show significant improvements in user engagement when named-entity and timeline components were installed. Further, we investigate if we can predict user-centred metrics through user's interaction with the system. Results show that we can successfully learn a model that predicts all dimensions of user engagement and whether users will like the system or not. These findings might steer systems that apply a more personalised user experience, tailored to the user's preferences.
Summary of the research at the Dept. of Computing at the University of Surrey. Presented at "Implementing Future Networks, Content and Services with Secure and Efficient Systems." At the University of Surrey 20th Sept 2010
#ForoEGovAR | UNU_EGOV and Knowledge Societies Policy Handbook ProjectCESSI ArgenTIna
Documento elaborado por Tomasz Janowski con motivo del Foro Argentino de Transformación Digital, organizado por CESSI y la United Nations University (UNU_EGOV). Buenos Aires, 7 de marzo de 2016.
Prunus africana “No chop um, no kill um, but keep um”: From an endangered spe...Verina Ingram
How governance makes a difference in the sustainability and livelihood impacts of international trade of a medicinal bark of a tree found in African mountains. this case study from Cameroon illustrates the many governance arrangements exsisting and thier mixed impacts.
Three Multifamily Markets That Will Benefit from the Onshoring of American Ma...Shah Ahsan
As onshoring becomes an increasingly favored choice for several North American manufacturers, the resurgence of ‘Made in America’ manufacturing looms on the horizon as manufacturers grow weary of the fragility of Just-in-Time delivers, the US-China trade war and dealing with overwhelmed West Coast ports. This shift to localized production, especially for critical industries such as healthcare and medical devices, will have long lasting effects on the commercial real estate industry – especially industrial real estate. However, this uptick in manufacturing will not only thrust demand for industrial real estate but will also profoundly impact the multifamily real estate market as well. The reality is that the rise of domestic manufacturing will lead to the creation of several new manufacturing jobs which would subsequently result in an increase in demand for multifamily real estate in select markets. This short article will examine three multifamily markets that are poised to outperform as a result of the onshoring of American manufacturing.
Halifax, Nova Scotia, is renewing its Economic Strategy for 2011-2016 in collaboration with all three levels of government, business and community.
This presentation provides economic background
The Greater Halifax Partnership released the findings of their Head and Regional Office (HRO) Report. This media release illustrates why HROs are viable for the city of Halifax.
Halifax’s Finance and Insurance Industry: Our OpportunityHalifax Partnership
Since its incorporation in 1841, Halifax has always been a significant financial centre in Canada. In
recent years, the community has been positioned as the regional financial hub for the Canadian
fi nancial services industry.
Renewing Greater Halifax's Economic Strategy for 2011-2016 in collaboration with all three levels of government, business and community.
Consultation Package - Challenges
Renewing Greater Halifax's Economic Strategy for 2011-2016 in collaboration with all three levels of government, business and community.
Consultation Package - Challenges
What are the best countries for global team expansion.pdfRahulDarade10
Building remote teams and expanding your business operations internationally opens doors to new growth opportunities in the rapidly developing business markets around the world. Remote teams have gained popularity as a viable way of working for employees. It helps employers save cost around infrastructure and logistics and help employees achieve a healthy work-life balance.
With remote team expansion, you can test your services in a new or unsaturated market, expand your brand identity, and even recruit talent and workforce for various business functions. In addition, team expansion in a new destination can help you build a more diverse equitable remote workforce.
The Halifax Regional Municipality (HRM) and the city of Zhuhai, China are celebrating their strengthened ties today at a reception at Saint Mary’s University. Deputy Mayor Tony Mancini and guests from the business community are welcoming international delegates with the launch of a photo exhibit from Zhuhai on display this month at the university.
On November 24th, Ron Hanlon, President and CEO of the Halifax Partnership, provided an economic update and highlights in the new Halifax Economic Growth Plan at the 2016 State of the City Forum.
The Halifax Index is a definitive look at Halifax's economic and community progress. It tells our city’s story – the strength of our economy, the health of our community, and the sustainability of our environment – and provides insights for actions that will strengthen and grow our city.
Download the full report here: www.halifaxindex.com
This presentation by Canada's Ambassador to China, Guy Saint-Jacques, is from an information session that was held for our investors on February 18, 2015 in partnership with NSBI and Foreign Affairs, Trade & Development Canada.
The CityMatters survey asks citizens what it's really like to live in Halifax and how they feel about our economy, lifestyle, government and more. This presentation was prepared by Rick Emberley, Senior Council for MQO Research highlighting the results of the survey. There was an interactive panel discussion which took place on December 1, 2014 at the Prince George Hotel.
The Greater Halifax Partnership released the findings of their Head and Regional Office (HRO) Report. This presentation illustrates why HROs are viable for the city of Halifax.
The Greater Halifax Partnership released the findings of their Head and Regional Office (HRO) Report. This infographic illustrates why HROs are viable for the city of Halifax.
Building Our Future: Our City as a Start-up with Lee Fisher, CEOs for CitiesHalifax Partnership
The Partnership hosted a Building Our Future (BOF) breakfast with guest speaker Lee Fisher, CEO and President, CEOs for Cities on November 27, 2013
Successful start-ups and successful cities have a lot in common. They both provide experiences and cultures that people love, and they have enough capital and talent to bring ideas to life and to sustain them. Lee shared how viewing Halifax as a start-up can shift the way we think about city building.
Networking is the surest way to find a job and build a career. These Networking 101 tips can help you make a great impression and connections in your community.
The Future of Productivity: Clear Choices for a Competitive CanadaHalifax Partnership
Deloitte's Chief Innovation Officer, Terry Stuart, presented The Future of Productivity: Clear choices for a competitive Canada, at the Halifax State of the Economy Conference on May 22, 2013.
What is driving Canada's poor productivity performance? Why is the productivity gap between Canada and other countries so big? How can Canada prevent its "gazelle" firms from turning into "water buffaloes"? How can we drive growth and competitiveness to ensure a prosperous future? Terry also highlighted key recommendations for companies, government, and academia on how to improve Canadian productivity by innovating.
Economist and futurist Rebecca Ryan presents insights about the future workforce, next-gen technologies, new social norms, customer expectations, and more to help YOU build (or rebuild) a company that's future-ready. Presented at the Halifax State of the Economy Conference on May 22, 2013.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
2. Halifax is a strategic location for companies looking to establish a head or regional office.
• Home to the majority of Atlantic Canada’s head and regional offices, Halifax is the
largest commercial centre in Atlantic Canada and the logical place for a company to
establish a head or regional office in the region.
• Halifax is the regional headquarters of Canada’s “Big 5” banks as well as several
Fortune 500 companies.
• Halifax is a competitive location for the development of branch offices headquartered
elsewhere – particularly to serve Eastern and Atlantic Canada and in sectors aligned
with the province’s strengths (e.g. defence, marine transportation).
• With one of the largest concentrations of universities, best educated workforces in
North America, and largest workforces in the region, Halifax offers a sustainable,
talented workforce to support business growth.
HEAD AND REGIONAL OFFICES
• Opportunity to do business in, and from, Atlantic
Canada’s regional commercial centre
• Strategic location for international travel,
business, trade and service delivery across
European, North American and Caribbean time
zones (UTC – 04:00)
• Necessary infrastructure and professional
services support for HROs
• Access to a sustainable, talented workforce to
support business growth
• Lower wage costs
• Reliable and Secure telecommunications
• Opportunities for R&D collaboration
• Lower cost of living
• Good work/life balance
HALIFAX OFFERS HEAD
AND REGIONAL OFFICES:
3. SECTOR OVERVIEW
Nova Scotia is home to 78 head offices, most of which are located in Halifax. This is the
highest concentration in Atlantic Canada and the highest number per capita in Eastern Canada.
Major Canadian companies such as Emera, I.M.P Group International and Clearwater Fine
Foods have head offices in Halifax. Several of the world’s largest multinational companies,
as well as several Fortune 500 companies and six of the top 20 companies on the
Financial Post 500, have regional offices in Halifax.
A 2014 study of Head and Regional Offices in Halifax reported that 61 sampled firms fell
predominantly into three sectors:
• Manufacturing-related (61%)
• Knowledge-based (30%)
• Finance, insurance, and real estate (16%)
Collectively, these sectors account for two-thirds of all head and regional offices
surveyed. Two other significant sectors are information and cultural industries (primarily
telecommunications) and construction (primarily heavy and civil).
Within the manufacturing sector, head and regional offices are primarily concentrated
in food and beverage manufacturing, a reflection of the number of seafood product
preparation and packaging companies in the area. As well, computer and electronic
products manufacturing (22%) and transportation equipment manufacturing (17%) play
an important role due to the presence of aerospace, marine, and defence product and
component manufacturers operating in the region.
HEAD AND REGIONAL OFFICES BY MAJOR SECTOR, HALIFAX
Source: Hoovers, InfoCanada,
Greater Halifax Partnership, 2013
21%
PROFESSIONAL, SCIENTIFIC
&TECHNICAL SERVICES
30%MANUFACTURING
INFORMATION
& CULTURAL INDUSTRIES8%
CONSTRUCTION7%
ADMINISTRATIVE & SUPPORT, WASTE
MANAGEMENT & REMEDIATION
5%
16%
FINANCE, INSURANCE
& REAL ESTATE
3% TRANSPORTATION & WAREHOUSING
3% MINING, QUARRYING & SUPPORT
3% UTILITIES
2% HEALTH CARE & SOCIAL ASSISTANCE
2% RETAIL TRADE
4. Halifax also has a strong presence in banking and credit unions and serves as home base for the regional
office operations of all five of Canada’s major banks. In addition, Halifax’s HRO sector is strongly represented
by insurance carriers, legal service firms, and computer systems design and related services firms.
EMPLOYMENT CHARACTERISTICS
The head and regional offices surveyed employ 12,021 people and accounted for approximately 5.3% of
the labour force in the Halifax Region in 2012. More than 80% of those employed fall into four sectors:
• Professional, scientific, and technical services (29%)
• Manufacturing (24%)
• Finance, insurance, and real estate (18%)
• Information and cultural industries (11%)
The presence of head and regional office operations has enabled Halifax
to attract and retain a strong pool of talent at the senior management level.
HEAD AND REGIONAL OFFICES BY
MANUFACTURING SUBSECTORS, HALIFAX
Source: Hoovers, InfoCanada, Greater Halifax Partnership, 2013
33%FOOD & BEVERAGE
22%
COMPUTER &
ELECTRONIC
PRODUCT
17%
TRANSPORTATION
EQUIPMENT
FABRICATED
METAL PRODUCTS
& MACHINERY
11%
17%
OTHER (PAPER,
ELECTRICAL EQUIPMENT,
FURNITURE)
Source: Hoovers, InfoCanada, Greater Halifax Partnership, 2013
PROFESSIONAL, SCIENTIFIC & TECHNICAL SERVICES29%
MANUFACTURING24%
FINANCE, INSURANCE & REAL ESTATE18%
OTHER (MINING, UTILITIES, CONSTRUCTION, RETAIL, HEALKTH CARE)13%
INFORMATION & CULTURAL INDUSTRIES11%
TRANSPORTATION & WAREHOUSING6%
HEAD AND REGIONAL OFFICE EMPLOYMENT BY MAJOR SECTOR, HALIFAX
5. • Emera Inc
• Bell Aliant Inc
• Clearwater Seafoods Incorporated
• CCL Group
• Irving Shipbuilding Inc
• RBC Financial Group
• Manulife Financial
• Stewart McKelvey
• Deloitte
• Jazz Aviation LP
• Nautel
• Boyneclarke LLP
• Royal DSM/Ocean Nutrition Canada Limited
• Admiral Insurance
• Maritime Paper Products
NOTABLE HEAD AND REGIONAL
OFFICES IN HALIFAX
6. INDUSTRY VOICES
A lot of our engineers come from Dalhousie University and NSCC. The
post-secondary education here is a richness we take advantage of.
Peter Conlon,
President and CEO
Nautel
Head Offices are precious jewels in our economy. They provide high
paid career development opportunities, job security, earnings, as well
as build supplier communities. Head offices build wealth and growth
that stays here, in Nova Scotia.
Steve Parker,
Chairman & CEO
CCL Group
Halifax’s airport and international connections were a critical factor as we
determined our new location. As well, a familiar legal structure to its UK
operations and a strong population base were both major selling features.
Frankly, it’s just easy to setup a business here.
Alex MacDonald,
Vice President
Admiral Group
7. Located on North America’s east coast, Halifax is a strategic location for moving goods
in and out of North America, traveling to and from international destinations, or delivering
services across European, North American and Caribbean time zones.
• With our North Atlantic time zone (UTC – 04:00), you can easily do business with
Europe and across North America on the same work day
• Halifax is two hours closer geographically by air to Europe than any other North
American destination, and closer to New York and Boston than it is to any other major
Canadian city
• Halifax has the only US preclearance facility in Atlantic Canada with 24/7 Canada
Customs services, and NEXUS and CANPASS programs for frequent travelers
• The Halifax Gateway offers a winning combination of multi-modal transportation and
logistics assets and services, modern infrastructure, and global reach
STRATEGIC LOCATION
Halifax
Toronto
Chicago
New York
Miami
Vancouver
London
Panama Canal
8. Halifax has the necessary infrastructure of financial and legal services to support a
corporate head or regional office as well as an international airport and a variety of hotels
for company personnel flying in and out and for visiting customers.
Halifax is also home to Hibernia Atlantic’s network cable landing station, known as the
Halifax International Exchange Centre, providing fast and secure transmission of data
between commercial North American and European clients via redundant routes through
more than fifty commercial centres.
INFRASTRUCTURE AND SERVICES TO
SUPPORT HEAD AND REGIONAL OFFICES
COMPETITIVE BUSINESS COSTS
Halifax offers more competitive business costs compared to other cities across North America and
incentives to meet your particular needs.
Inexpensive office space. According to CB Richard Ellis (CBRE), the average rental rate for class-A
office space in downtown Halifax is $18.14/sq. ft., well below that of other major cities across North
America. Comparable office space is more expensive in Washington, Seattle, Boston, Vancouver,
Toronto, Montreal and Ottawa.
Competitive business costs. Halifax has significantly lower costs compared to major North
American cities. KPMG ranked Halifax 4th among 110 countries in mature markets in International
Business Cost Competitiveness in 2012
Lower Wage Costs. Salaries in Nova Scotia tend to be lower than in other provinces and US states –
a real competitive advantage for companies located here.
Investment Incentives. Whether starting, relocating or expanding a business, we have incentives to
meet your needs. There are five major incentives offered across industries. Sector specific incentives
are outlined in the industry profiles.
9. Business Incentives
• Nova Scotia Payroll Rebate provides eligible companies with a return
on gross payroll taxes.
• Capital Investment Incentive contributes 20%, up to a maximum of
$1 million, toward the cost of technologically advanced machinery, clean
technology, equipment, software and hardware.
• Workplace Innovation and Productivity Skills Incentive provides
funding to businesses to invest in employee and management skills
development, and improve productivity.
COMPARATIVE COST OF DOING BUSINESS (ACROSS NINETEEN
MANUFACTURING, CORPORATE, IT, AND R&D INDUSTRIES)
Halifax (CAN)
Marseille (FRA)
Montreal (CAN)
Amsterdam (NET)
Toronto (CAN)
Vancouver (CAN)
Berlin (GER)
London (GBR)
Boston (USA)
Seattle (USA)
Sydney (AUS)
Tokyo (JAP)
80 90 100 110 120
Source: KPMG Competitive Alternatives 2012
92.7
94.1
94.3
94.7
95.7
96.5
98.0
98.1
101.2
101.5
105.0
112.3
TAXATION
CORPORATE INCOME TAX
General Rate 16%
Manufacturing & Processing 16%
Small Business Rate 3.5%
CORPORATE CAPITAL TAX
General Rate Eliminated
Financial Services 4%
Payroll Tax Nil
Source: Nova Scotia Department of Finance
10. CANADA’S SMART CITY
Halifax has among the highest ratios of educational facilities to
population in North America, with six universities offering a multitude of
undergraduate and graduate programs.
More than 30,000 students are enrolled at these
universities every year, while some 6,805 earn
degrees and certificates. This is in addition to the
10,688 students across Nova Scotia who attend the
Nova Scotia Community College, as well as students
graduating from universities in nearby towns and
provinces. Close to 70% of Halifax’s working age
population has a post-secondary designation.
Halifax also offers a critical mass of public and private
sector scientists doing world-class R&D in various
industries. Its highly-educated workforce, scientific
community, and first-rate R&D tax credits, make
Halifax a prime location for research and innovation.
Fast Facts: One of the largest concentrations in North America producing talent you need.
37.4%
University
21.8%
College
20.5%
High School
10.6%
Trades
9.7%
Less than
High
School
Bringing temporary foreign workers into the province is straightforward and
fast. The Nova Scotia Nominee Program (NSNP) Skilled Worker stream
helps employers hire workers whose skills may be in limited supply in the
province. The stream helps employers recruit and retain immigrant
workers with the required skills for these positions. Work permits
issued from the Nova Scotia Office of Immigration are processed
more quickly, on average, than most other provinces.
IMMIGRATION-FRIENDLY POLICIES
TO ATTRACT FOREIGN WORKERS
11. HALIFAX IS A PLACE WHERE
PEOPLE WANT TO LIVE AND WORK
One of the oldest cities in Canada, Halifax offers a unique blend of history and modern
conveniences. Both cosmopolitan and laid-back, Halifax offers an affordable cost of living,
a variety of cultural and entertainment options, and easy access to outdoor recreation
without the stress and traffic jams of bigger cities (median commute is 6.5 km).
A City of the Future. Halifax ranked 1st for quality of life, and 2nd overall, in FDI
Magazine’s 2010/2011 ranking of Large Cities of the Future across the Americas.
Busy Urban Centre and Beautiful Natural Environment. Halifax’s mix of urban and
rural communities result in a city that balances work and play with city and nature.
Ocean. No matter where you are in Halifax, you are never far from the ocean. The
commercial heart of Halifax is on the water and there is no shortage of beautiful beaches,
scenic coastal villages like Peggy’s Cove, and water sports like sailing, deep-sea fishing
and some of the best winter surfing in the world.
Food and Nightlife. With the second-most bars per capita of any city in Canada and
hundreds of restaurants, Halifax offers a variety of fine-dining and live entertainment
options.
Arts and Culture. From exploring an art gallery or museum, to taking in a symphony,
theatre or festival performance, Halifax’s vibrant arts and culture scene engages and
entertains.
Affordable living. The average home price in Halifax is $269,000, well below the
national average of $363,643.