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Located in the Maritime province of Nova Scotia,
Halifax is the easternmost of Canada's major cities. Founded in
1749, more than 100 years prior to the founding of many other Canadian
cities, Halifax is a heritage city with historic sites and properties.
It is also tied to its harbour roots and closeness to the ocean.
Due to Nova Scotia's size and location, the sea is never more than
35 minutes away, anywhere in the province. The Canadian maritime
region, as exemplified by Halifax, is very similar in its natural
environment and mood to the adjacent New England region of the U.S.
Halifax serves as not only the capital of Nova Scotia, but also
as the business and cultural centre for the Atlantic provinces.
Halifax,
the capital city, is the financial, business and research hub of
Canadas Atlantic Provinces.
There
are 11 degree-granting institutions and 13 community college campuses
in Nova Scotia. University enrollment
exceeds 30,000. Community college enrollment reaches 21,500.
Each
year, the workforce is strengthened by 15,000 new post-secondary
graduates.
While
job creation has been strong in recent years, approximately 10%
of the workforce is still available for employment.
Halifax
has an excellent infrastructure base, and an extremely competitive
cost climate.
Population
The
Halifax Regional municipality, comprised of the cities of Halifax
and Dartmouth, had a population of 345,000 in 1996.
Climate
The
Atlantic climate in Halifax is temperate and moderate. Average winter
temperatures are -4.6 degrees Celsius (January), while average summer
temperatures are 17.5 degrees Celsius (August).
Weather in Halifax
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Business
and Economy
Halifax's
economy is diversifying and is expanding its traditional fishing
and maritime base with ventures in research and technology. Some
of the core industries being explored in Halifax include research
in oceanography and other environmental issues, biomedicine, telecommunications,
and software development.
Nova
Scotia has an active and growing environmental sector. Nova Scotia's
proximity to the Atlantic Ocean and some of the world's finest fish
and shellfish habitats, has allowed Nova Scotians to capitalize
on research in ocean sciences, environmental engineering and aquaculture.
Nova Scotia's location on the eastern seaboard makes it a natural
choice for businesses marketing to the northeastern United States,
to Europe and to the rest of Canada.
In
telecommunications and software development, there are significant
opportunities. Nova Scotia employs more than 6,000 people working
at more than 100 companies in the telecommunications, marine communications,
and computer hardware and software production industries. Local
industry revenues in 1997 were over $800 million, and are growing
rapidly. Indeed, the growth rate for telecommunication-related businesses
in Nova Scotia averages 20% a year. This promise also holds true
for the aerospace industry: the Nova Scotia Aerospace sector includes
about 40 companies, and currently employs more than 2,500. Current
industry sales are about $377 million, with exports representing
65% of this total.
Due
to its centrality within Eastern Atlantic Canada, Halifax is a regional
centre for many corporations and other businesses. More than 40
Teleservice centers have set up operations in the province, serving
regional, national and international markets including AT&T
Canada, Scotiabank and Sears.
Educational
Institutions
Halifax
has a number of established and influential educational institutions
in its vicinity. Additionally, the city of Halifax and the province
of Nova Scotia boast the highest ratio of universities relative
to the population in North America.
Some
of Halifax's major educational centres include Dalhousie University
(one of the most prestigious Canadian universities), Saint Mary's
University, Mount Saint Vincent University, University of King's
College, Technical University of Nova Scotia, Nova Scotia College
of Art and Design, and various Nova Scotia Community Colleges.
Income
& Cost of Living
In
1998, the average household (family) income in Halifax was C$49,102,
surpassing Montreal`s C$46,174. The average selling price for a
single family dwelling in Halifax was approximately C$119,240 in
1999.
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