Halifax offers more competitive business costs compared to other cities across North America.
Inexpensive office space
According to CBRE, the average rental rate for class-A office space in downtown Halifax is $17.22/sq ft, well below that of other major cities across North America. Comparable office space is more expensive in Washington, Seattle, Boston, Vancouver, Toronto, Montreal and Ottawa.
Competitive business costs
In its 2010 Competitive Alternatives survey of 95 jurisdictions in ten countries, KPMG found that Halifax had significantly lower costs compared to major North American cities, including Washington, Seattle, Boston, Vancouver, Toronto and Montreal.
Competitive salaries
Salaries in Nova Scotia tend to be lower than in other provinces and American states – a real competitive advantage for companies located here.
