This document summarizes information about Nova Scotia Business Inc. and opportunities in Nova Scotia: 1) Nova Scotia Business Inc. is Nova Scotia's business development agency that works to attract foreign investment, support Nova Scotian companies, and grow key sectors in the province. 2) Nova Scotia offers a skilled workforce, strategic location on the east coast of Canada, and quality of life advantages for businesses. 3) The province has incentives for training, equipment, payroll, and other costs to attract investment in growing sectors like logistics, aerospace, financial services, and more.

1. NOVA SCOTIA
Halifax Logistics Park

2. Nova Scotia Business Inc. (NSBI)
We are…
• Nova Scotia’s business development agency
• An arms-length provincial government organization
• Business people with private sector experience
• Governed by a private sector board of directors

3. What do we do?
• Attract foreign investment
• Work with Nova Scotia companies to:
– Explore new markets
– Help them sell goods and services abroad
– Identify business partnership opportunities
– Provide venture capital
– Provide business financing
• Work with partners to grow and sustain businesses and
key sectors within the province

4. Canada – Strong Economy
• Fastest growing economy in the G-7
• Financial system that is the envy of the world
• The highest proportion of engineers in the G-8
• The lowest statutory payroll costs in the G-7

5. Canada – Quality of Life
• Best overall quality of life in the G-7
• Safest place to live
• Multicultural - first among G-7 for equal opportunity
• Progressive immigration laws

6. Canada – Best Country for Business
Canada was ranked # 1in Forbes’ latest annual study on the Best Countries
for Business, up from 4th place last year
Canada ranked in the top ten in 7 of the 11 criteria used in the study, most
notably personal freedom (1st); degree of red tape involved in starting a
business (3rd); investor protection (5th) and low corruption (6th).
Top Ten Countries to Conduct Business in 2011
1st
2nd
3rd
4th
5th
Rank
6th
7th
8th
9th
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*Standing among 134 countries. Rankings based on the following eleven categories of quantitative and qualitative indicators: trade freedom, monetary freedom, property rights, innovation,
technology, red tape, investor protection, corruption, personal freedom tax burden and market performance. Source: Forbes Publishing, October 2011

7. Nova Scotia
Population:
Nova Scotia: 1 million
Halifax: 400,000
Sydney: 100,000
Atlantic Canada: 2.2 million

8. Nova Scotia – Then

9. Nova Scotia – Now
Knowledge Economy 10 Universities 13 Community Colleges

10. Great Things Are Happening
Deep Panuke Project
Churchill Falls Project

11. Top City of the Future
Halifax #2 out of 405 cities.
Source: fDi Magazine

12. Key Growth Sectors
• Logistics
• Aerospace, Security, and Defense
• Financial Services
• ICT
• Digital Media
• BPO / KPO
• Life Sciences / Ocean Tech / Clean Tech

13. Why Nova Scotia?
• Skilled & Experienced Workforce
– Military Retirees
– 10 universities / 13 community
college campuses
– Nova Scotia has more university
students per capita than any other
province in Canada
• Cost-competitive
– Operational costs in Halifax are on
average 7.3% less than in the US

14. Why Nova Scotia?
• Strategic Location
– Accessible
– Time Zone (Atlantic Time)
– Proximity to North American markets
• Accessible
– Major ports
– Award-winning international airport
• US pre-clearance
• Quality of Life
– Affordable cost of living
– Loyal employees
• Client-focused
– Collaboration for client success

15. Provincial Programs
• Main Incentives
– TKT incentive for training and knowledge transfer costs
– Rebates toward the cost of:
• technologically-advanced machinery
• clean technology
• manufacturing equipment
• software and hardware (20% a year)
– Payroll rebates
– Nova Scotia Jobs Fund

16. Federal Programs
• Atlantic Innovation Fund (AIF) via the Atlantic Canadian
Opportunities Agency (ACOA)
• Export Development Canada Programs
• Foreign Trade Zone
– Duty Deferral Program
– Export Distribution Centre Program
– Exporters of Processing Services Program

17. Industry, Government & Academia –
Working Together
• Premier’s Office
Team • Government (Federal / Provincial /
Municipal)
Nova • Nova Scotia Business Inc.
• Post-secondary Institutions
Scotia • Industry Associations
• Business Community

18. A Great Place to Live