Key Findings

Below is the headline data that is featured in the 2017 Index. 

People


                           Historical population growth

  • Halifax had a phenomenal year for population growth, growing by 2.0% from 418,000 to 426,000 over the July 2015 - July 2016 period. This growth rate was double that of the prior year and the fastest growth in decades. Halifax's growth rate was higher than the national average and second among benchmark cities (note that these figures come from Statistics Canada's population estimates, and not the 2016 Census).

  • Population gains have been driven by immigration, including the landing of Syrian refugees in the winter of 2016. Halifax's net international migration was 7,000 compared to net natural growth of just under 1,200 people. Halifax's interprovincial out0migration decreased significantly compared to 2015, improving by more than 700, and intra-provincial migration remains stable at approximately 1,300.

 

Economy


                         GDP growth graph

  • 2016 was a steady year for Halifax's GDP growth with the Conference Board of Canada (CBoC) estimating the city's real GDP grew by 2.2% in 2016 to $18.6 billion - 13th out of Canada's 28 largest cities. Growth was led by manufacturing, construction, transportation, and warehousing, and the finance, insurance, and real estate (FIRE) industry, supported by major projects.

  • Business confidence increased in 2016 to an all-time high, according to the Partnership's Business Confidence Index.

 

Quality of Place

                                 

     Total crime index graph

  • The total crime rate decreased in 2015 by 4.6% and is now less than half its peak level in the mid-2000s.

  • Halifax had the second lowest price growth for two-bedroom residences among benchmark cities with rent increasing by 1.4% to $1,063.00 per month.

 

Sustainability

 

Total housing starts

  • The Regional Centre had 36.1% of all housing starts from 2012 to 2016, while suburban Halifax had 35.8% of housing starts.

  • The municipality continues to reduce its debt, with debt decreasing by $5 million during the last fiscal year to $251 million. 

 


Download the 2017 Halifax Index

 

2017 Index Cover Image

 

 

 

 

 

 

 

The Halifax Index 2017 (PDF)

The Halifax Index Workbook (.xlsx)