SoHoBizNet

Changes in Technology & Politics and their effect on Business

Halifax

Big City Amenities Small Town Convenience

Halifax has much to offer – a diverse, healthy economy, an eclectic cultural life and relaxed lifestyle accentuated by its ocean-front setting. It has an exciting, vibrant city life without the overcrowding,

Big City Amenities Small Town Convenience

Halifax has much to offer – a diverse, healthy economy, an eclectic cultural life and relaxed lifestyle accentuated by its ocean-front setting. It has an exciting, vibrant city life without the overcrowding, plus the serenity of open land and pristine beaches. With more green spaces per capita than most Canadian cities, and reasonable housing costs, Halifax offers an affordable, comfortable lifestyle.

Wagg There is no shortage of Maritime hospitality in Halifax. Over 1.5 million people visit the city annually to attend special cultural activities – which attests to the fact that Halifax has the greatest number of Festivals in the Province. The following is a list of many of the cultural activities, events, sports and recreational facilities to enjoy in Metropolitan Halifax.

Recreational Facilities

11 formal parks, over 1000 acres,
178 neighbourhood parks
127 playgrounds
46 sports fields
66 public tennis courts
77 baseball diamonds
6 yacht Clubs
5 curling clubs
9 golf clubs
2 supervised ocean beaches
12 supervised lakes
5 public indoor pools
2 public outdoor pools
3 major athletic complexes
10 public arenas
1 municipal campground

Cultural Activities & Festivals

Neptune Theater
Symphony Nova Scotia
Art Gallery of Nova Scotia
Maritime Museum of the Atlantic
Nova Scotia Museum of Natural History
Halifax Citadel National Historic Site
Point Pleasant Park
Nova Scotia International Tattoo
The International Buskers Festival
Greek Festival

Public Gardens
Atlantic Jazz Festival
Atlantic Film Festival
Atlantic Fringe Festival

Scotia Festival of Music

Atlantic Canada’s Largest Market 375,000 Customers

Halifax ranks among the top ten cities in Canada for household income, and second for per capita retail spending – not surprising considering that the city’s commercial, professional, educational and financial institutions serve all of Atlantic Canada. Haligonians are well employed with high spending power, which means business for anyone located in the Central Business District.

Business Trends

1960-200136-01 Halifax, the financial center of the Maritimes, has 25,000 workers in the 35 block Central Business District. The primary trade area is home to 213,700 residents, representing an estimated $1.876 billion in annual retail sales. Haligonians are slightly younger than the provincial average, with a high representation of 20 to 34 year olds. This factors into the unique mix you will find only in Downtown: a diverse business sector; specialty retail, food and beverage; live music, theater, art galleries; and a vibrant Downtown and Waterfront.

Halifax – A Stable Economy

Halifax’s economy has proven to be stable even in tough economic times. Halifax is home to municipal, provincial and federal government offices and headquarters for regional, national, and international corporations and financial institutions. This economic diversity has long been a steadying influence on the workforce and on the value of real property in a city that does not suffer from huge swings in the economy.

Historically, Halifax has always been well-connected because of its strategically located and well-protected harbor; railways; ferries; 1960-200126-01 highways; international airport; and now sophisticated data link. This combination of transportation, communications and information networks enable Halifax to actively trade on a global scale.

Tourism, a growth industry in Nova Scotia, contributes over 700,000 overnight quests to major Halifax hotels and $250 million into the city’s economy annually. The growth in the ‘Cruse Ship’  market over the past ten years has been remarkable with 120 ships planning stopovers in the 2002 season. On the leading edge of this influx of visitors are business travelers attending conferences, trade shows and meeting in Downtown office complexes, hotels and the World Trade and Convention Centre.

The financial, cultural, and transportation hub of Atlantic Canada, Halifax has made huge strides in the last 10 years. One key indicator, residential construction, is booming, fueled by low interest rates, a developing offshore oil and gas industry, and a strong business sector.

Halifax has lead the way in changing the way Nova Scotian’s think about their future. The practice of “going down the road” to places such as Toronto and Calgary for work is fading into the past. More of the city’s young people are finding work downtown or in one of the Halifax Regional Municipality’s business parks. Currently there are 1,894 businesses in downtown Halifax alone, putting the areas employment rate at an impressive 92.4%. The average household income fB93-383954or those employees is $54,940.

  While it remains a regional draw, people from the other countries are coming to Halifax to live and work, which is an about face from five years ago. This increase in immigration will continue into the next decade. The boom in population is a fairly recent one. In fact, Halifax is one of the fastest growing cities in Canada, ranking with Calgary and Toronto in sustained growth over the 1996-2001 census period. In Atlantic Canada, the Halifax Regional Municipality is the only area maintaining sustained growth of almost 5% during the same period.

Within the metropolitan area itself, areas outside the “old city” are the fastest growing, with sections of the Eastern Shore northeast of Dartmouth and the Bedford-Clayton Park section northwest of Halifax among those receiving the greatest sustained population growth. Only two areas – an underdeveloped largely industrial section near Dartmouth Cove and a tiny section in north Dartmouth – actually lost significant population.

Obviously, Halifax’s population will continue to grow. This, combined with a steadily decreasing unemployment rate, stable growth in personal and disposable income, and gathering strength in  retail sales, paints a picture of an economically stronger city. Part of that strength comes from a diverse and maturing economy. Although service sector jobs currently outnumber those in the goods sector 8:1, goods jobs – primary, manufacturing, construction, and utilities- will increase over the next decade at a faster rate than service jobs. 

These days, commercial property is hot. For example, the dogoogle9d2ef4ef7f3875a8_html_133584awntown Class A office rental rate increased 12.4% from mid 2000 to mid 2001. Vacancy rates fell as new companies, many from the oil and gas sector, moved into town. In an improving business climate, existing tenants expanded their operations. The oil and gas industry the main cause for all the office leasing excitement – also depends on industrial sections of Halifax Harbour for fabrication and servicing. The sector, through the trickle-down effect, also creates new opportunities for services, training, and information technology.

Although there has been no rush to build new office buildings in HRM, there have been hundreds of upgrades and renovations to existing buildings to make them more attractive to prospective tenants. A the trend continues, the number of non-residential building permits will rise from the 128,000 issued in 2002 to more than 214,000 in 2012.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

RSS PeopleAreFunnyLikeThat

  • Would Angus MacLean or Robert Stanfield vote for Harper? April 29, 2011
    by Teresa Doyle on Thursday, April 28, 2011 at 1:57pm I grew up in a fiercely loyal conservative household. These two men were held in the highest regard. They were Progressive Conservatives we could all be proud of. Angus MacLean realized how dangerous nuclear power could be. Harper fired the head of Atomic Energy Canada for doing her job. She insisted that […]
  • IPTypewriters: Last manufacturing plant shuts down production April 26, 2011
      The final typewriter manufacturer shuts down in Mumbai BY: Brett Register CATEGORY: Trending Now An old manual typewriter is seen in Finca de Vigia, the villa where author Ernest Hemingway lived outside Havana, Cuba (Credit: GETTY) (CBS / What's Trending) Today in Mumbai the doors to the final typewriter manufacturing company Godrej and Boyce closed i […]
  • Five Years of Harper – Broken Promises April 21, 2011
    Technorati Tags: Five years of Harper,Election 2011 2006 Conservative Platform: 1. Require ministers and senior government officials to record their contacts with lobbyists. Government Action: Broken 2. Prohibit nominated candidates or MPs seeking re-election from accepting large personal gifts. Government Action: Broken. 3. Ban the use of trust funds to fin […]
  • What to do if you are being bullied April 19, 2011
    Cyberbullying sometimes escalates to serious situations, especially if the victim is lacking information when it comes to dealing with cyberbullies. Below are some things you can do to resolve or at the very least limit the damage of cyberbullying: * Refrain from Responding: Defending yourself from a cyberbully attack may seem like a natural response, but th […]
  • Dr. Harper’s New and Improved Medicare « Murray Dobbin's Blog April 17, 2011
    Medicare is turning out to be the sleeper issues in this election as Canadians continue to say that public health care – universal, comprehensive, publicly administered care, transferable across provincial lines – is their most important election issue, even more important than the economy. And is the economy that Harper has based his whole campaign on – aft […]
  • Best divorce letter & answer November 17, 2010
      Dear wife:        I'm writing you this letter to tell you that I'm leaving you forever. I've been a good man to you for 7 years & I have nothing to show for it. These last 2 weeks have been terrible. Your boss called to tell me that you quit your job today & that was the last straw.         Last week, you came home & didn't […]
  • Seal Caucus–Rick Mercer Rant!!! October 15, 2010
    It seems to me that the media is a little too obsessed with how controlling Stephen Harper is.  I don't really get this debate.  I mean, can we blame the Conservatives for wanting this in a leader?  A man who is firmly in control?  Because Stephen Harper is all that and a bag of chips.  And his idea to scrap the long form census is a perfect example of […]
  • NEW BOUTIQUE DISC JOCKEY COMPANY LAUNCHES IN OTTAWA October 14, 2010
    by Pulse Entertainment on Wednesday, October 13, 2010 at 10:26pm Pulse Entertainment promises a new standard of quality, style and sophistication for the “take no chances” customer (Ottawa) October 12, 2010 – MELDAN Entertainment Inc. is proud to announce the official launch of Pulse Entertainment. Pulse Entertainment is an Ottawa-based boutique business pro […]
  • Subject: DR Oz advice H1N1 October 30, 2009
    Subject: DR Oz advice H1N1 The following advice, given by Dr. Oz, makes a lot of sense and is important for all to know: The only portals of entry are the nostrils and mouth/throat. In a global epidemic of this nature, it's almost impossible to avoid coming into contact with H1N1 in spite of all precautions. Contact with H1N1 is not so much of a problem […]
  • RED SKELTON'S RECIPE FOR THE PERFECT MARRIAGE September 10, 2009
    1. Two times a week, we go to a nice restaurant, have a little beverage, good food and companionship. She goes on Tuesdays, I go on Fridays.2. We also sleep in separate beds. Hers is in California and mine is in Texas.3. I take my wife everywhere..... but she keeps finding her way back.4. I asked my wife where she wanted to go for our anniversary. "Some […]

Archives

Categories

August 2017
M T W T F S S
« Apr    
 123456
78910111213
14151617181920
21222324252627
28293031  

Archives

Categories

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 4,759 other followers

RSS myHalifax.Ca

August 2017
M T W T F S S
« Apr    
 123456
78910111213
14151617181920
21222324252627
28293031  

RSS FreelanceSwitch

  • How to Make a Timeline on Google Slides With Templates August 22, 2017
    What You'll Be CreatingTimelines are useful for project teams or just for informational purposes. A timeline provides an effective visual representation of past or planned events. If you need to include a timeline in your presentation, then you may want to know how to make a timeline with Google Slides. Of course, you could use Google Slides drawing too […]
    Laura Spencer
  • Today Only: Join Envato Elements for Just $19! August 22, 2017
    To celebrate Envato's 11th birthday, we're excited to share a one-day promotion for Envato Elements. Usually $29, for one day only you can lock in a lifetime price of just $19 per month!What is Envato Elements?Envato Elements provides inspiring and ready-to-use photos, templates, fonts, assets, icons, and much more. For a single monthly fee, you ge […]
    David Appleyard
  • How to Know if Someone Has Opened & Read Your Email August 21, 2017
    Has this ever happened to you? You send out an important email, expecting to hear back quickly. But...time passes, and nothing. After a while, you start to wonder whether your recipient ever read the email. There's no way to tell if an email has been read, or is there? Fortunately, there are actually two ways to tell whether an email has been opened and […]
    Laura Spencer
  • How to List Your Education on a Resume (+Best Format Examples) August 17, 2017
    For many applicants, the education section is the easiest part to write on their resume. They just list their alma mater’s name, degree, and graduation date. Simple.It’s not always that simple though. For instance, what do you write if you switched school three times before completing your bachelors? How do you list your college education if you’re still com […]
    Charley Mendoza
  • 7 Questions to Find Out What Clients Really Want August 17, 2017
    About ten years ago, after throwing in my day job, I stepped into the world of freelance web design. I honestly had no idea what I was doing, but I’d thrown myself directly into the deep end so I had to learn fast.At first, eager to please, I would start projects by simply chatting with clients about what they wanted, and offering a flat rate with an unlimit […]
    Kezz Bracey
  • 13+ Best Online Collaboration Software Tools for 2017 August 16, 2017
    Rome wasn’t built by one man, it was built by a team working together. While building Rome took hundreds of years and a lot of messengers running about, modern teams are lucky to have a lot of great software at their disposal. In fact, there’s almost too much good software. How do you pick the right tools for you and your small business? Well, we’re here to […]
    Harry Guinness
  • How to Convert Your PowerPoint (PPT) Presentation Into Video August 16, 2017
    PowerPoint is by far the most popular presentation app, and it's easy to see why. There are many themes, layouts, and tools inside PowerPoint that help you build professional presentations quickly.Not everyone has PowerPoint installed on their device though. When you want to share your PowerPoint file on YouTube or with a colleague who doesn't have […]
    Andrew Childress
  • 17+ Best Job Board WordPress Themes for 2017 Listing Sites August 15, 2017
    There is no shortage of options for monetizing your site nowadays. From affiliate marketing, to selling your own products or services, almost anyone can launch a successful online business.However, you don’t necessarily need to have special skills or products to make money. Running a directory site can be just as efficient at creating a passive income stream […]
    Brenda Barron
  • How to Use Google Slides Animations and Timed Transitions August 14, 2017
    Presentation animation is a great way to add professional polish to your Google Slides presentation. You can use animations and transitions between slides to help your presentation flow seamlessly. You can even define how long transitions should last. In this tutorial, we'll teach you how to use Google Slides animations and transitions. We'll start […]
    Laura Spencer
  • How To Make & Use Tables In Microsoft Excel (Like a Pro) August 10, 2017
    Tables might be the best feature in Excel that you aren't yet using. It's quick to create a table in Excel. With just a couple of clicks (or a single keyboard shortcut), you can convert your flat data into a data table with a number of benefits. The advantages of an Excel table include all of the following: Quick Styles. Add color, banded rows, and […]
    Andrew Childress

Les Muise

%d bloggers like this: