In February of last year, the One Nova Scotia Coalition released the Ivany Report – also known as the Now or Never Report – which laid out a series of recommendations for bolstering business in Halifax and the province as a whole. The publication placed a particular emphasis on growing the export industry in Nova Scotia. Specific goals set by the report included increasing the number of Nova Scotian enterprises that export by 50 per cent and doubling shipments of farm products and shellfish to foreign countries.
"The U.S. and China are Nova Scotia's top foreign markets."
Targeting the American and Chinese markets
According to Peter Hall, chief economist at Export Development Canada, companies interested in setting up or expanding their export services should place a particular focus on the markets in the United States and China.
"China's growing middle class is the next hot market and they are hungry for high-value food, including seafood," stated Hall. "While the U.S. remains Nova Scotia's top foreign market, China is now No. 2 in terms of foreign sales, growing by a whopping 260 per cent between 2009 and 2013."
Acknowledging Nova Scotian titans of trade and exports
Last month, 31st annual Export Achievement Awards honoured nine businesses in the province that excelled in the field of trade and export. Dartmouth-headquartered and world-renowned macroalgae and health supplement manufacturer Acadian Seaplants, which exports to the U.S., Europe, the Middle East and Asia, ultimately won the title of Exporter of the Year.
Acadian Seaplants cultivates and processes seaweed-based products for the global market.
Other companies that were celebrated during the ceremony held at the World Trade and Convention Centre in Halifax included:
- Advanced Glazings Ltd.: This company makes energy-efficient insulated glass products at its Sydney location and exports its wares across North America and Europe, according to Nova Scotia Business Inc.'s Export Spotlight.
- Big 8 Beverages Ltd.: This spring water and soft drink manufacturer based in Stellarton currently exports to Aruba, Barbados and China and is considering expanding to Asia and the Middle East, NSBI reported.
- Blue Ocean Contact Centres: This Halifax-headquartered contact centre outsourcer's clients include a European car manufacturer and an online grocer based in New York, according to its website.
- Premium Seafoods Group: This Arichat-based harvester, processor and distributor exports seafood products to Europe and the U.S.
- Randsland Farms Inc.: This broccoli producer from Canning began exporting to the U.S. in 2013, NSBI reported.
- Sara Bonnyman Pottery: From the village of Tatamagouche, Sara Bonnyman exports her Moss Scuttle to everywhere from Afghanistan to Moscow.
- Van Dyk's Health Juice Products Ltd.: This Caledonia wholesaler only uses Nova Scotia-grown wild blueberries. It exports its products to China, Japan, South Korea and Taiwan, according to NSBI's Export Spotlight.
- Wedgeport Lobsters Ltd.: This company buys and sells fresh-caught live lobster from its headquarters in Lower Wedgeport to markets in the U.S. and Europe, according to Atlantic Canada Exports.
"The One Nova Scotia Commission identified increasing the value of our exports by 50 per cent as key to building a better economic future, and the efforts of these nominees are helping Nova Scotia achieve that important goal," said Nova Scotia Minister of Business Mark Furey in a statement.
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