Feds invest more than $1M in tourism technology project
The tourism industry in Atlantic Canada will benefit from a renewed joint investment of more than $1 million from the federal government over the next three years to support the TourismTechnology.com program (also known as TT.com). (Source: The Daily Business Buzz, May 13, 2010) Read More
New convention centre should be “top priority”, say businesses
Results from a recent survey reveal that many local businesses believe a new convention centre should be a top priority for downtown Halifax. It was #1 with one out of three respondents, based on a list of six priorities. (Source: The Daily Business Buzz, May 11, 2010) Read More
Strategy melds economic development, natural resources
Nova Scotia is another step closer to having a new strategy that will protect its natural resources, while supporting jobs and the economy. Natural Resources Minister John MacDonell received a report today that recommends how the province should manage its parks, minerals, forests and biodiversity. (Source: The Daily Business Buzz, May 7, 2010) Read More
Halifax airport authority “lands” 2009 surplus
The Canadian Press is reporting that despite 2009 being a year of global economic uncertainly, Halifax International Airport Authority said it still delivered on key capital projects and finished the year with an approximate $3 million surplus. (Source: The Canadian Press, May 7, 2010) Read More
Feds announce more R&D commercialization funding
The federal government has launched a new round of funding under the Atlantic Innovation Fund (AIF). “Our government continues to encourage Atlantic Canadian entrepreneurs and researchers to undertake world-class, leading-edge research that will help drive the region’s long-term economic growth and development,” said Keith Ashfield, Minister of National Revenue, Minister of the Atlantic [...](Source: The Daily Business Buzz, May 6, 2010) Read More
High Liner investment generates positive return
A leading Nova Scotia employer is buying back shares held by NSBI for $4 million. The province, through Nova Scotia Business Inc., held 500,000 non-voting common shares in High Liner Foods Inc. as part of an investment in the company. The province has earned $5.3 million in dividends over the life of this [...] (Source: The Daily Business Buzz, May 3, 2010) Read More
Maritime harbours get federal upgrade funds
The CBC is reporting that $30 million is being invested to upgrade small craft harbours across the Maritimes. The federal dollars are part of a national program targeting more than 1,000 such harbours across Canada. (Source: The CBC, May 3, 2010) Read more
Report shows natural gas industry creates jobs, grows economy
New research suggests the offshore energy industry plays a big role in making life better for Nova Scotians. The report shows Nova Scotia’s offshore natural gas industry employed about 3,200 Nova Scotians annually between 1996 and 2007. The jobs, both direct and indirect, include a variety of professional, trades and technical areas, for [...] (Source:The Daily Business Buzz, May 3, 2010) Read More
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