By Fred Morley
Halifax is Nova Scotia’s and Atlantic Canada’s Hub City, one of 9 in Canada identified by the Conference Board. What this means is that a healthy growing Halifax economy helps the economies around it succeed and they, in turn, help Halifax grow. It’s a healthy symbiotic relationship. A stronger Halifax means a stronger Nova Scotia and a stronger Nova Scotia means a stronger Halifax. It’s not rocket science, but it’s a concept that didn’t carry much weight in Nova Scotia until lately.
The Halifax airport is an important enabler for many sectors of the province’s economy. It generates 55% of the province’s tourism revenue, many of them business travelers flying to and from Atlantic Canada’s business hub. It is critical to our high growth and high wage sectors like banking, insurance, IT and aerospace and defense. In short the airport connects us to the world and is one of the sectors that give us our Hub City status.
Next….more hub city assets, the port, the health care sector, universities, our regional and head offices.
What do think makes Halifax work as a hub city?
Fred Morley is the Executive Vice President and Chief Economist at the Greater Halifax Partnership