The Halifax Index tells Halifax, Nova Scotia's story - the strength of the economy, the health of the community, the sustainability of the environment and the progress of the Economic Strategy. It’s a new and smarter way to measure progress that reaches beyond traditional economic indicators like GDP and jobs. It provides deeper insight and the most comprehensive look at what’s happening in Halifax than anything currently available, and could be used as a model for other Canadian cities.
The 1st Halifax Index was presented at the Halifax State of the Economy Conference www.agreaterhalifax.com
The Future of Productivity: Clear Choices for a Competitive Canada
Halifax Index 2012 Presentation
1. THE HALIFAX
INDEX
AN ECONOMIC GUT CHECK AND
IMPETUS FOR ACTION
FRED MORLEY
CHIEF ECONOMIST AND EXECUTIVE VP,
GREATER HALIFAX PARTNERSHIP
MAY 24TH, 2012
3. S UC C E S S : WE ’L L K NOW IT WHE N WE G E T IT
5. T HE HA L IFA X INDE X
• A gut check on our performance
• Share timely and relevant information in narrative
form
• Affirm actions and suggest course corrections to
our Economic Strategy
• Create a dialogue that allows us to ask the right
questions
? ? ? ?
6. T HE HA L IFA X INDE X A P P R OA C H
• Broadening the definition of economic progress
• Working with research capable organizations to find
the most accurate measures of success
• Benchmarking our progress against others
• Don’t point fingers, build partnerships
7. INDE X OUT C OME S
• A strategy progress report
• An economic gut check for Halifax
• Business Climate Review
• Quality of Place Report
• Action inventory of Challenges and Opportunities
• Insight for action & alignment
• Special reports
– Immigration
– Business Confidence
– Regional Centre Demographics
10. Labour
Education
Force
Workforce
Population
Quality
People
11. P OP UL AT ION G R OWT H
Census Metropolitan 2006 Population 2011 Actual % Growth
Area Population Growth
St. John’s 181,113 196,966 15,853 8.8%
Regina 194,971 210,566 15,595 8.0%
Quebec 719,153 765,706 46,553 6.5%
Halifax 372,858 390,328 17,470 4.7%
Victoria 330,088 344,615 14,527 4.4%
London 457,720 474,786 17,066 3.7%
12. A WE A K E NING MIG R AT ION OUT L OOK
Annual migration estimates, Halifax
Source: Statistics Canada
2,000 1,896
1,500
1,231
1,000
500
0
International Interprovincial Intraprovincial
-500
-1,000 -852
2006-07 2010-11
13. S MA L L E R C IT IE S OF F E R ING C OMP E T IT ION
International Immigrants to Atlantic Canadian Cities
Source: Citizenship and Immigration Canada
3,000
2,500
2,000
1,500
1,000
500
0
2007 2008 2009 2010 2011
14. INT ’L S T UDE NT S A S A N OP P OR T UNIT Y
International Students Present and Transitions from Temporary Student to Permanent
Resident, 2005-09
Source: Citizenship and Immigration Canada
13,546
6,504
2,770
1,291
823 856
296 373
Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick
International Students Present Transitions from Temporary Student to Permanent Resident
17. Construction
Consumer Commercial
Behaviour Space
Gateway
Sectors
Movement
Gross
Business
Domestic Economy Confidence
Product
20. A S TA R T-UP B OOM
% Change in the # of Business Establishments (2003–2010)*
Edmundston -8.5%
Fredericton -1.3%
Miramichi -12.3%
Moncton -1.0%
Saint John 1.8%
New Brunswick -5.9%
Cape Breton -6.0%
Truro 8.7%
Halifax 13.3%
Lunenburg 15.6%
Digby -7.6%
Nova Scotia 3.7%
Summerside -1.2%
Charlottetown 10.0%
Prince Edward Island -1.9%
Corner Brook -15.7%
St. John's 1.6%
Newfoundland and Labrador 0.0%
*CSDs only (i.e. the City of Moncton – not the Moncton region.
Source: Canadian Business Patterns (2011). Statistics Canada
23. G AT E WAY R E C OV E R ING R A P IDLY
Activity at Halifax International Airport
Source: Halifax International Airport Authority
29,753
29,263
3,594,164
Growth of Port of Halifax indicators, indexed to 2007
3,469,062
Source: Port of Halifax
1.38
1.33
2007 2011
Air Passengers (En/Deplaned) Air Cargo (Tonnes)
0.84
0.77
Cruise Passengers Cruise Ships Port Cargo TEUs
2007 2011
24. B US INE S S C ONF IDE NC E HOL DING S T E A DY
Halifax Business Confidence Index
Source: GHP Business Confidence Survey
100
80
60
38.5
40
29.9
25.6 26.1
20.2 20.2
20
0
Overall Halifax Dartmouth Other HRM New Business Established Business
-20 (<10 years) (10+ years)
-40
-60
-80
-100
Aug-11 Apr-12
26. Health
Affordability Community
Quality Arts,
Safety Culture, and
of Place Recreation
27. A S A F E R C IT Y, P E OP L E F E E L ING S A F E R
Total crime index, Canada and benchmark
cities
Source: Statistics Canada
131.4
96.8 101.9
82.7 82.4 83.7
56.1
Share of Halifax residents who feel safe...
Source: Halifax Regional Police Survey
Canada Halifax St. John's Quebec London Regina Victoria 87% 90% 89% 87%
86% 86%
City
2006 2010
...In your neighborhood ...Where you work and shop Satisfaction with peace and
order
2007 2011
28. HA L IFA X INT E R NAT IONA L LY C OMP E T IT IV E
Cost-of-living and quality-of-living indices
Source: fDi intelligence
110.14 109.42 110.84 110.05
107.87
102.31 104.44 101.78 104.44
99.33 96.58 96.68
83.02
Boston Seattle Victoria Raleigh Toronto Montreal Vancouver Saskatoon Quebec Regina Halifax (NS) London St. John's
(MA) (WA) (NC) (ON)
Cost Quality
30. HA L IFA X A S A N A C T IV E C IT Y
Activity levels during leisure time, active or moderately active
Source: Statistics Canada
64.0%
57.7% 56.6%
53.9%
52.1%
50.2%
44.5%
Canada Halifax St. John's Quebec City London Regina Victoria
2005 2010
31. A G R OWING A R T S A ND C ULT UR E S E C TOR
Employment in arts, culture and recreation, 000s
Source: Statistics Canada
13.8
11.7
8.0
7.6
3.4 3.7
Halifax St. John's Quebec City London Regina Victoria
2006 2011
34. Transportation Environment
Municipal
Density Fiscal
Sustainability
Sustainability
S P E C IA L TOP IC : DE MOG R A P HIC S OF T HE
R E G IONA L C E NT R E
35. DE NS IT Y IS C R IT IC A L TO S US TA INA B IL IT Y
39. G OOD E NV IR ONME NTA L P E R F OR MA NC E
Water Quality by Province
Source: Waterproof - Canada's Drinking Water Report Card
A
A-
B+ B+
B B B
B- B-
C+
C
D
Air quality measures, 2011
(# of test sites in parentheses)
Source: Environment Canada
34.37
30.27
Nova Scotia Newfoundland Quebec Ontario Saskatchewan British 20.44
Columbia
15.52
2006 2011 13.12
8.77
7.18
3.13 2.27
1.36 1.05
0.00
Halifax (4) St. John's (1) Quebec City (6) London (3) Regina (1) Victoria (7)
Ozone (parts per billion) Fine Particulate Matter (µg/m3)