Opportunities For ProsperityA New Economic Growth Strategy for Nova Scotia

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How We Will Get There

To achieve prosperity, we must adopt an approach that is more market focused and externally driven. Smooth-working partnerships are fundamental to progress.

To move toward our destination, we must take co-ordinated action o move toward our destination,in seven strategic directions. These directions will be the tools to build vital economic sectors—both our foundation industries and new growth opportunities. The province will provide leadership in certain situations and partnership in others, whichever is most appropriate.
 
Strategic Directions

To achieve prosperity, we must adopt an approach that is more market focused and externally driven. We must:
  • improve the business climate

  • put in place and maintain the strategic infrastructure to support economic growth

  • promote innovation: adopt and commercialize new products and technologies

  • develop a labour force with the skills and education to take advantage of our new opportunities

  • attract more investment, both local and external

  • aggressively promote exports from the province

  • strengthen regional capacity to advance economic development
 
Vital Economic Sectors

To build a robust Nova Scotian economy, we will sustain and expand our foundation industries, those based on our ocean resources, our land resources, agriculture, and tourism and culture. We will also focus work on exciting growth opportunities in:
  • the digital economy

  • energy: gas and oil

  • advanced manufacturing

  • learning industry: education and knowledge services

  • life sciences
All provincial government departments have a responsibility to contribute to and maintain the economic health of Nova Scotia. Organizations within a new provincial economic development structure will co-ordinate implementation of the strategic directions, but other departments will be responsible for providing the leadership in their areas. Smooth-working partnerships are fundamental to progress. We all have a role to play in making it happen.


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