Business Vitality Nova Scotia rank falls to 7th in Canada in business vitality. Business vitality refers to the strength of its business sector. Nova Scotia continues its leadership in percentage change in new companies and low relative transportation cost. Change in export diversity accelerated. Rankings slipped in business immigration and business service employment growth. INDICATORS 1999r 2000 Existing Business Strength Manufacturing Capital Investment 5 5* Business Service Employment Growth 7 8 Manufacturing Salaries/Worker 7 7 Business Closings 8 7* Entrepreneurial Energy Change In New Companies 1 1* New Business Job Growth 3 3* Business Immigration 2 3 New Companies 3 3* Structural Diversity Export Diversity 5 5 Change In Export Diversity 10 5 Business Location Competitiveness Transportation Cost Index 3 3 Labour Cost 5 5 Housing Cost (Replacing Construction Price Index) 6 6 OH&S Regulation 7* 7* Electricity Cost 9 9 Overall Ranking Business Vitality 5 7 r = ranking has been revised to include new indicators and revisions by Statistics Canada * not included in calculating the overall ranking; comparable data not available		Contact      Print

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