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Halifax Profile

Halifax Profile

Halifax is the capital city of Nova Scotia and the economic centre for Canada's East Coast.

With a population of over 403,000, it is the largest city east of Québec and north of Boston. Halifax is experiencing consistent growth, with annual population increases of 1.4%. The Conference Board of Canada predicts the population of Halifax will reach 423,000 by the year 2015.

  • 58.7% of residents are under 45 years of age
  • 21.1% of residents are under 20 years of age
  • Estimated working age students (population ages 18-25) of over 55,000.
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There are six degree-grantling institutions in Halifax. 67% of the population of Halifax have trade, college or university qualifications – one of the top five cities in Canada.

 

Atlantic Canada's economic hub

  • Halifax has the most diversified and stable economy in the Atlantic region.
  • Halifax produces 54% of Nova Scotia’s Total GDP
  • 20% of Atlantic Canada’s Total GDP
  • Halifax produces 49% of Nova Scotia’s Retail Sales
  • Halifax has the second largest concentration of Financial services companies in Canada.
  • Halifax companies continue to hire, Lockheed Martin, Flagstone, Admiral etc.
  • Businesses, government and investors all continue to invest in Halifax with over $6.5 billion in upcoming or ongoing projects presently underway.
  • 77% of households wired to the internet – this is the highest percentage of Internet users in the region. Source: Statistics Canada

 

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