Economic Dashboard
Our interactive economic dashboard provides the most up-to-date statistics on Halifax’s economy to help you make informed business decisions.
Gain the Competitive Edge
Halifax provides everything your business needs to be globally competitive. Find strategic access to global markets, and highly skilled talent in an affordable city.
Why Halifax?
Our size allows us to be authentically open, collaborative, and agile. In Halifax, you are able to meet with all the right people and everyone is cheering you on to succeed. You’re invited to join our connected, thriving business community, and take advantage of our TLCI - talent, location, cost and innovation.
Competitive Advantages
Talent
With one of the largest concentrations of universities and best educated workforces in North America, we have the talent pipeline to support business growth and expansion.
Location
Situated on North America’s East Coast, Halifax is a strategic location for the efficient movement of goods, people, and services around the globe — by road, rail, air and sea.
Cost
Halifax offers more competitive business costs compared to other mid and large size cities, ranking in the Top 10 of the 50 largest cities in Canada and the US for costs in our five key sectors (fdiBenchmark).
Innovation
With a thriving innovation district, exceptional talent, and a critical mass of research and post-secondary institutions, Halifax is an ideal location for companies of all sizes to create new products and services.
Incentives
Find incentives to support your company's business expansion to Halifax. Our directory includes business incentives from local, provincial, and federal programs.
Lifestyle
Both cosmopolitan and laid-back, Halifax offers an affordable cost of living, endless cultural and entertainment options, and easy access to outdoor recreation.
2022 Economic Overview
480,600
Population
$22.9B
Real GDP ($2012)
70%
Labour force with post-secondary education
4.9%
Unemployment rate
67.5%
Labour force participation rate
82.7%
Full-time employment rate