Funding for Halifax Partnership to Spur Innovation
May 6, 2021 - 3:52 PM
The province is providing $1.9 million to Halifax Partnership to support the economic recovery and to position Nova Scotia as Canada’s start-up capital.
“Our long-term economic success depends on containing the COVID-19 virus,” said Inclusive Economic Growth Minister Labi Kousoulis. “Halifax Partnership will also leverage our start-up ecosystem and experienced business community to spur innovation and inclusive economic growth.”
This renewed commitment to Halifax Partnership provides funding, to be used over the next three years, to support programming and initiatives that will help increase the resilience and competitiveness of the Halifax business community and enhance collaboration between start-ups and established businesses and professionals.
Best communities in Canada: Why Atlantic Canada comes out on top
Our exclusive new ranking finds the long-overlooked cities of Atlantic Canada are the top places to be now that many of us are able to work and study from home
April 8, 2021
Melissa Mahoney and her family stand in front of their home in Halifax, Nova Scotia. (Photograph by Carolina Andrade)
After 15 years of living in downtown Toronto, Melissa Mahoney was sick of the commuting grind. Every weekday, the 41-year-old teacher got up at 5:45 a.m. and left her townhouse in the city’s Regent Park neighbourhood. She’d spend an hour commuting to her job in Whitby, Ont., after dropping one of her daughters off while her husband handled the other. Then, on the way home, she’d pick up both kids and her husband with the household’s single car.
Off the charts: How Canada’s real-estate market defied expectations in the COVID-19 pandemic
Home prices have come roaring back, but saving for a down payment takes longer. The East Coast is hot, but condos and rental apartments are not. This is what a COVID-19 housing boom looks like Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
Illustration by Matthew Billington
When the pandemic hit last March and lockdowns started, many assumed the economic downturn would hammer real estate. People would be thrown out of work, default on their mortgage payments, maybe even lose their homes.
The Halifax Partnership says the latest Statistics Canada figures show the population of the Halifax Regional Municipality is now the largest it has ever been, and employment now exceeds pre-COVID levels.