Halifax provides businesses and talent excellent value at very competitive costs.
Halifax ranks in the Top 10 of the 50 largest cities in Canada and the US for cost competitiveness across our five key sectors (fdiBenchmark). We also offer incentives to meet a variety of business development needs.
(gross) per square foot or less for Class-A office space across Halifax
(gross) per square foot for industrial real estate options near downtown in the largest business park east of Montreal
average resale price of a single-family home in Halifax - well below both Canadian and US figures
Nancy Phillips
Vice President, Investment & International Partnerships
If you're looking to grow your company, competitive business costs are a key consideration. Halifax offers a highly competitive business environment at a favorable cost for companies. To learn more about the cost advantages of doing business in Halifax connect with our team.
Contact NancyAverage monthly rent: 1 bedroom (city centre; e.g. Halifax Peninsula) | $1,460 |
Average monthly rent: 1 bedroom (outside city centre; e.g. Dartmouth) | $1,247 |
Average monthly rent: 3 bedroom (city centre) | $2,375 |
Average monthly rent: 3 bedroom (outside city centre) | $1,747 |
Source: CMHC Housing Now & Rental Market Data Tables
Visit the Canadian Mortgage & Housing Corporation's (CMHC) website to get a free copy of the Newcomer's Guide to Canadian Housing. Source: CMHC Rental Market Report - October 2023
Public Transportation (Bus, Ferry) | |
Single Fare | $2.75 |
Monthly Pass (average) | $82.50 |
Taxi | |
Taxi Start (normal tariff) | $4.70 |
Taxi 1 km (normal tariff) | $1.75 |
Taxi 1 hour waiting (normal tariff) | $30.00 |
Source: Nova Scotia Department of Finance
| General Rate: 14.00% |
| Manufacturing: 14.00% |
| Small Business: 2.50% |
| General Rate: Eliminated |
| Financial Services: 4.00% |
| Payroll Tax: Nil |
Whether starting, relocating or expanding a business, we have incentives to meet your needs. The Halifax Partnership can help you identify the best business incentives for your relocation, expansion, or innovation, and assist you in navigating the incentives process.
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