Increased Tax Base

• Revenues to support maintain and improve local services such as streets, sidewalks, parks, libraries, and other services.

Entrepreneurship

• Growth in small business, more opportunities to buy local products and services, increased variety of retail and entertainment opportunities

Job Growth/Income Improvement

• Youth retention, attraction of migrants and immigrants, engagement of disadvantaged groups in work, improved social outcomes.

Youth Retention

• Recapture investment in education, deeper more educated labour pool, more extended families leading to improved social outcomes

Economic Diversification

• Expand the economy and reduce vulnerability to a single industry.  Greater self- sufficiency

Efficient Use of Land

• Property is used for its highest and best use, maximizing its value to the community and to the economy

Vibrant, Creative and Diverse Community

• A growing community attracts immigrants, tends to be tolerant of and celebrate different lifestyles and cultures, can invest in art and culture, can invest in recreation facilities

Quality of Life

• More local economic activity generates more tax dollars, which allows for community building investments.  Greater economic activity raises the overall standard of living.

Community Confidence

• Growing communities get national and international recognition.  Growth generates higher business and consumer confidence which generates more growth in a positive and reinforcing cycle

Related Links for more information:

Business Commissions

• Downtown Halifax
• Downtown Dartmouth
• Gottingen Street
• Spring Garden Road
• Quinpool Road

View more resourceful links.