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Brazil sees record high tourist arrivals in 2011

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Brazil received more than 5.4 million international visitors in 2011, up 5.3 percent from 2010, the Tourism Ministry announced Friday. The number of visitors from other South American nations rose from 2.384 million in 2010 to 2.628 million in 2011, with Argentinean visitors remaining in the lead,totaling 1.593 million last year, up 13.9 percent from 2010. Chinese and Russian tourists …

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Canadian banks rated world’s strongest

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Canadian banks dominate a new ranking of the world’s strongest financial institutions, with four of the country’s lenders ranked in the top 10. Canadian Imperial Bank of Commerce landed third on Bloomberg Markets magazine’s global survey, followed in sequence by Toronto-Dominion Bank, National Bank of Canada and Royal Bank of Canada. Bank of Nova Scotia ranked 18th and Bank of …

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Province Invests in Jobs, Infrastructure, and Training Through Shipbuilding Contracts

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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 …

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Brazil has become the fourth largest source of tourists to the US

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Visa issuances to Brazilians tripled between 2006 and 2011, and are on pace for significant gains in 2012. As of February, visa processing was up 57% in 2012 from the same timeframe in 2011. The Department of Commerce forecasts that 2.8 million Brazilians will travel to the United States in 2016, an increase of 87% from 2011. Visa interview wait …

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Brazilian Real Estate Market Growing Fast

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From a thriving hotel market to its burgeoning office and industrial sectors, the commercial real estate industry in Brazil is showing signs that it will continue growing for years to come. “The Brazilian real estate sector is booming and is expected grow at a very fast pace in the next few years,” said Andre Viola Ferreira, a partner with Ernst …

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Atlantic Canada deemed most cost-competitive region for business

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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 …

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