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  :: 2012 Atlantic Canada Outlook

Halifax 2012 Market Outlook Report

The Halifax economy, a strong performer again in 2011, will flourish in 2012 and beyond with the Federal Government’s recent announcement of a 30-year, $25.0 billion contract awarded to the Halifax Shipyard. The city posted an unemployment rate that is among the lowest in the country along with consistent population growth. Greater Halifax produces 49.0% of Nova Scotia’s total GDP and 20.0% of the GDP for Atlantic Canada. The Federal Government contract, one of the largest outsourcing supply contracts in Canadian history, will bring sustainable growth to the city, the province and the region for decades to come.

Have a look at our complete overview of the Halifax Market  or review our National Market Outlook  for a real estate perspective on cities across the nation.

To access all national reports, please click here.

 

 

CBRE Limited

5855 Spring Garden Road
Suite A200
Halifax, Nova Scotia
B3H 4S2
 
T 902 492 2090
F 902 492 2091

Robert S. Mussett
Senior Vice President
Senior Managing Director
T 902 492 2077
robert.mussett@cbre.com

Last Modified: Monday, November 28, 2011
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