Nova Scotia is a Canadian province located on the eastern coastal seaside of the country. It was one of the four original provinces that made up the Canadian Confederation in 1867. With a
, it is Canada's second-smallest province by land area and second most densely populated province. It has seen a significant increase in the
that have moved there in the past several years. The province of Nova Scotia is made up of the peninsula of Nova Scotia, Cape Breton Island, and several small islands. Neighbored by Prince Edward Island and New Brunswick, Nova Scotia’s capital is Halifax, their largest city.
Economy of an island province
Nova Scotia has a varied economy built on land and sea resources. As an island province, shipping is an essential venture in Nova Scotia, as they take care of large oil carriers and huge container ships. Despite being resource-rich, they have one of the
lowest labor productivity out of all Canadian provinces. In 2021, they had a
GDP of 39.08 billion Canadian dollars, with thev
real estate and rental and leasing industry contributing the most to the GDP. However, it was the health care and social assistance industry that
employed the largest amount of people, and the non-profit institutions industry that had the
highest labor productivity per hour.
Tourism in Nova Scotia
Tourism also plays a large part in Nova Scotia’s economy and has been growing in the past years, as it attracted
5,590 international tourists in 2021, and the
national parks attracted 830,076 total visitors. It is home to major tourist attractions such as Cape Breton Highlands National Park, Kejimkujik National Park, Old Lunenberg Town, Grand-Pré National Historic Site, and Joggins fossil cliffs, with the latter three being UNESCO World Heritage Sites.
Cape Breton Highlands National Park saw about 300,910 visitors in the fiscal year 2019/20, while
Kejimkujik National Park saw about 70,760.
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