Business Vitality Nova Scotia's rank drops to 9th in Canada and 4th in Atlantic Canada in business vitality. Business vitality refers to the strength of its business sector. Nova Scotia improves in electricity cost and new companies. Rankings slipped in work place safety, transportation cost and the business service sector employment growth. INDICATORS 2001r 2002 2003 Existing Business Strength Manufacturing Capital Investment 2 2 7 Business Service Employment Growth 8 6 8 Manufacturing Salaries/Worker 6 7 7 Business Closings 7 7 6 Entrepreneurial Energy Change In New Companies 8 9 2 New Business Job Growth 2 5 6 Business Immigration 4 4 4 New Companies 6 9 7 Structural Diversity Export Diversity 5 5 5 Change In Export Diversity 9 3 6 Business Location Competitiveness Transportation Cost Index 4 6 6 Labour Cost 6 6 6 Housing Cost 6 7 6 OH&S Effectiveness (Regulation) 4 6 6 Electricity Cost 9 9 7 Overall Ranking Business Vitality 8 9 9 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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