Taleb Abidali

Investor Spotlight

 

Taleb Abidali - Small
Taleb Abidali

Principal
CRESCO


 

 

This month we talked to Taleb Abidali, Principal at Cresco. Cresco, a homebuilding firm based in Bedford, is linked to expansive subdivisions in Bedford, Dartmouth, and Clayton Park. 

 

Tell us about Cresco and the greatest opportunities/challenges that lie ahead?

“As a home builder and land developer, we are a local company in all senses of the word. We work locally, hire locally and sell locally. As such, our business is very dependent upon Halifax’s economy. If Halifax does not thrive and grow, there is no need for new developments and homes. If we are able to harness some of the great opportunities presented to us, there will be a positive effect on all residents and all businesses serving them.

The challenge is to ensure government focuses on enabling economic development, spending our tax dollars wisely, and hopefully lessening the tax burden on residents and businesses. The opportunities resulting from these objectives will be great economic growth, more employment, better employment, and a thriving city.”

 

What do you see as the greatest advantages of operating a business in Halifax? 

“Halifax is a small big city, meaning it takes a big city approach to challenges and is small enough to deal with them. It’s also a great place to live and raise a family. This helps attract and retain great people who help shape Halifax’s future.”

 

Hiring youth is important to the economic growth of Nova Scotia. What is your company doing?

“With only 14 employees, Cresco is a small business. We have, however, been able to grow over the past number of years and have, where possible, hired individuals straight out of university. It is important to give youth an opportunity to start their careers and plant their roots in Halifax. Even though we may only be a stepping stone on their career journey, we are happy to do our part to enable our youth to find gainful employment and help our city grow.”