Renewable Energy
A full spectrum of renewable energies:
- Solar exposure levels over 1,100 kWh per sq. m
- The Bay of Fundy – highest tidal range in the world (tides up to 27.6 ft)
- Exceptional biomass opportunities, only 0.78% of provincial forests harvested annually
- 14 wind energy farms
- A proven distributed energy model at Université Sainte-Anne
Access to key markets
- A million in the province and 135 million in North Eastern U.S. within a day’s drive
- Prime position and time zone to access the Europe and take advantage of CETA
- Immediate proximity to Canada’s Ultra Atlantic Gateway with multi-modal market access to more than 150 countries
Low Costs
- Available and affordable land ranging from approximately $5,000 to $7,500 USD
- Low wage costs. Nova Scotia’s average annual wage is $49,700, 12.8% than the national average at $57,000. Source: Statistics Canada, Canadian Income Survey, 2016
Unique R&D opportunities
- Exceptional access to natural resources with R&D support networks from Atlantic Canada Opportunities Agency (ACOA) and Nova Scotia Business Inc. (NSBI) etc. with a range of new opportunities across fisheries, forestry, and renewable energy
- Collaboration opportunities in biotechnology and bio-processing, oceanography, marine and aquaculture at Université Sainte-Anne and data analytics at The Centre of Geographic Sciences
Talent
- More than 70% of the region’s residents possess a certificate, diploma or degree
- Ranked # 1 compared to closest competitors in terms of labour availability with 11.1%
- 15% of population employed in natural resources, agriculture and related production occupations. Source: fDi Intelligence from the Financial Times
- More than 70% of the region’s residents possess a certificate, diploma or degree
- Ranked # 1 compared to closest competitors in terms of labour availability with 11.1%
Ocean Supercluster
- Part of Canada’s Ocean Supercluster to promote the knowledge-based ocean economy
