Economic Progress

PEOPLE

STRONG POPULATION GROWTH IN 2014

…AND STRONGER THAN THOUGHT IN 2013

20022003

20042005

20062007

20082009

20102011

20122013

2014-1,000

0

1,000

2,000

3,000

4,000

5,000

6,000

1,799

1,418

4,424

Halifax Population Growth (people)

Population Growth 2015 Revision Annual average

Out Migration is an Age Thing

0 to 4 years

5 to 9 years

10 to 14 years

15 to 19 years

20 to 24 years

25 to 29 years

30 to 34 years

35 to 39 years

40 to 44 years

45 to 49 years

50 to 54 years

55 to 59 years

60 to 64 years

65 to 69 years

70 to 74 years

75 to 79 years

80 to 84 years

85 to 89 years

-1200

-1000

-800

-600

-400

-200

0

200

400

Net Outmigration by Age Group20 Year Average & Current Year

2013/2014 Average

THE IMPACT OF NET OUTMIGRATION ON NOVA SCOTIA

• 1300 PEOPLE A YEAR (NET)• $80,000 in net taxes if they have a bachelors

degree or higher, for each person• $47 million in lifetime net taxes, every year• $1.2 billion in lifetime income, every year• A focus on retaining new grads…over $1 billion in

provincial revenue over the last 10 years

RAPID GROWTH IN INTERNATIONAL STUDENTS

HALIFAX: A STARTUP CAPITAL

IT’S ABOUT IT.

NOVA SCOTIA’S START UP SPACE

ECONOMY

Halifax Tied for Fastest Growth in 2015

Source: Conference Board of Canada, Metro Outlook Spring 2015

Ocean Tech Cluster Continues to Grow

Offshore Investments

Offshore Investments

SUSTAINABILITY

HALIGONIANS LESS DEPENDENT ON CARS

SHIFT TO APARTMENT STARTS GROWING THE CORE

QUALITY OF PLACE

CONTINUED IMPROVEMENT IN CRIME RATES

CONTINUED IMPROVEMENT IN WORKPLACE SAFETY

OUR SENSE OF COMMUNITY IS MIDDLE OF THE PACK

PLACE MAKING: AESTHETICS

PLACE MAKING: SOCIAL OFFERINGS

PLACE MAKING: OPENNESS

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Economic Progress

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