“Nova Scotia has seen substantial growth in the last few years. Attracted by our experienced talent pool, competitive costs and incentives, and booming tech ecosystem, global companies are choosing to expand operations here. We invite you to visit our province for a customized site visit.”
— Peter MacAskill, President & CEO, Invest Nova Scotia
The Halifax waterfront in Nova Scotia (Photo: Scott Munn)
TARGETED GROWTH SECTORS
Clean Tech/Green Energy: Access to a variety of renewable energy sources and feedstock materials, paired with skilled talent and research infrastructure, creates opportunities for research, product development, and commercial-scale projects.
Tech: Nova Scotia is home to a globally competitive ICT, FinTech, Ocean Tech, and MedTech ecosystem supported by post-secondary education institutions, established multinational firms, incubators and accelerators, and an active startup community.
Financial Services: With financial services dating back to Canada’s first bank, and as the current business and financial hub of Atlantic Canada, Nova Scotia has opportunities for start-ups and established businesses. Some of the biggest names in banking, insurance, shared services, securities, mutual funds and fintech have a presence here.
TOP PROJECTS
COMPANY
LOCATION
INVESTMENT
EverWind Fuels
Hants and Colchester County
$1 billion
Michelin
Lunenburg, Kings, Pictou Counties
$300 million
CGC
Victoria County
$104 million
Maritime Launch Services
Guysborough County
$13 million
AGADA Biosciences
Halifax
$6.1 million
FAST FACTS
Population (2023 est.): 1,042,507¹
GDP (2023 est): $41.1 billion CDN¹
¹IBIS World
TAX CREDIT, REBATE PROGRAM
The Capital Investment Tax Credit (CITC) provides a credit of up to 25% of a project’s value to a maximum of $400 million CDN.
The Invest Nova Scotia Payroll Rebate Program is a performance-based financial incentive targeting the creation of high-value jobs.
