Province Invests in Jobs, Infrastructure, and Training Through Shipbuilding Contracts
Nova Scotia committed up to $304 million in loans as part of Irving Shipbuilding’s successful bid for the $25 billion federal combat vessel shipbuilding program, Premier Darrell Dexter revealed today, March 30. It is the single largest investment in jobs and growing the economy in Nova Scotia’s history – to strengthen the competitiveness of Irving Shipbuilding’s bid to build Canada’s …
Read MoreAtlantic Canada deemed most cost-competitive region for business
Cities in the region take four out of the top five spots, according to KPMG’s Competitive Alternatives 2012 study released today. Cities in Atlantic Canada take four out of the top five spots as the most cost-competitive cities for business in the country, according to KPMG’s Competitive Alternatives 2012 study released today. Topping the list is Moncton as the most …
Read MoreCanada’s economy poised for another year of solid growth in 2012
The RBC Economic Outlook issued early today predicts Canada’s real gross domestic product to increase by 2.6 per cent in both 2012 and 2013. It says burgeoning signs of strength in the U.S. economy, low interest rates, solid corporate balance sheets and elevated commodity prices are setting the stage for continued expansion. The pace of consumer spending eased to 2.2 …
Read MoreCanada prices continue to climb
House prices in Canada continue to grow with the Canadian Real Estate Association predicting that home values could be up by as 9.3% in 2011. This would follow significant price increases in 2009 and 2010. And, according to the National Bank of Canada – Teranet, prices in H1 2011 were up by nearly 5% in its National House Price Index. …
Read MoreCanadian home sales expected to grow this year
The number of Canadian homes sold this year will outpace 2011 while prices will hold steady in most parts of the country, the country’s largest real estate association said Monday in a rosy revision to its 2012 outlook. The Canadian Real Estate Association said the number of home sales with grow by 0.3 percent this year to 458,800 from 457,305 …
Read MoreHalifax property sales soar
According to a Colliers International report, the commercial sales volume in 2011 in Halifax was $299 million, and private-equity sales volume was $11.8 million, more than three times the amount transacted in 2010. The most sought-after assets were multi-family building, representing one-third of all sales volume, followed by industrial and then retail properties. Especially prolific were real estate investment trusts …
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