Halifax’s New Economic Strategy Approved by Regional Council

Posted: April 5, 2022

Krista Juurlink

Director, Marketing & Communications and Strategic Initiatives

Halifax Partnership

902.223.9170

kjuurlink@halifaxpartnership.com

FOR IMMEDIATE RELEASE

Halifax, NS – April 5, 2022 – Today, Halifax Regional Council approved Halifax’s new five-year economic strategy - People. Planet. Prosperity. Halifax’s Inclusive Economic Strategy 2022-2027 – which sets a long-term vision to grow Halifax’s GDP to $32 billion and its population to 650,000 by 2037.

Over the past year Halifax Partnership has led the development of Halifax's 2022-27 economic strategy in collaboration with the Economic Strategy Advisory Committee chaired by Cory Bell and the Halifax Regional Municipality, and in consultation with residents, businesses, and partners throughout the municipality.

“Halifax’s new economic strategy aims to build a prosperous, growing Halifax that puts the well-being of our people and planet first,” says Mayor Mike Savage. “This strategy puts us on a path to create a more inclusive, sustainable, and prosperous Halifax for all residents and businesses in the municipality over the next five years and beyond. I want to thank everyone who worked hard, listened, and produced this impressive strategy.”

The strategy provides the framework for continued economic recovery from the pandemic and includes three five-year strategic goals and targets:

  1. Promote and Maximize Inclusive and Sustainable Growth (Grow GDP to $25 billion by 2027)
  2. Attract, Retain, and Develop Talent (Increase population to 525,000 and grow the labour force to 310,000 by 2027)
  3. Make Halifax a Better Place to Live and Work (Increase residents’ well-being on a continuous basis)

Halifax Partnership and the Halifax Regional Municipality will lead the implementation of 73 actions to realize these goals in collaboration with private, public, post-secondary and not-for-profit partners.

“Halifax has experienced incredible growth over the last five years, even during the challenges and uncertainty of the global pandemic,” says Wendy Luther, President and CEO of Halifax Partnership. “More young people, immigrants, and expats are coming and staying here, our key sectors are thriving, and our skyline has been transformed. But with this growth has come growing pains, and not everyone has benefitted. Together with our partners, we are committed to ensuring that as Halifax grows our prosperity is shared by all residents, businesses, and communities.”

Halifax Partnership will launch Halifax’s new economic strategy at an event on April 11, 2022. For more information and to register visit https://bit.ly/3MZAebQ.

To download a copy of People. Planet. Prosperity. Halifax’s Inclusive Economic Strategy 2022-202 visit www.whatsnexthalifax.com.

About Halifax Partnership
Halifax Partnership is Halifax’s public-private economic development organization. The Partnership drives and accelerates economic growth by selling and marketing Halifax to global business and talent, helping businesses reach their full potential, and tracking and reporting on Halifax’s economic progress. The Partnership’s network of influential and globally connected Investors and partners are committed to building an inclusive, sustainable, and prosperous Halifax.

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