The One Nova Scotia Coalition is working on a new narrative for Nova Scotia. We believe that together we will write a new story for our province — one with self-reliance and economic success at its core. We image a new future and we are determined to arrive at tangible, believable, inspiring and measurable actions and outcomes to make sure it happens.
To more effectively tackle the challenges ahead of us, we have categorized the goals of the One Nova Scotia Commission report into four building blocks.
Each of these building blocks will require sustained focus in the coming 10 years. We will need to work together to forge this new economic path and all Nova Scotians – individuals, groups, governments, businesses, universities and colleges, non-profits and social enterprises – will have a role to play an active role. What kind of structure will enable to ongoing pursuit of these goals will also need consideration.
These building blocks, the need for all Nova Scotians to act together, and mechanisms to make sure the plan is implemented, communicated, and measured over the long run will form the foundation of the plan we release in December 2015.
Maximizing Work Opportunities Related Goals & Game Changers
Goal 7 Labour Force Participation Rate – Nova Scotia
Nova Scotia will have a labour force participation rate at least as high as the Canadian rate, bringing more than 25,000 Nova Scotians into permanent attachment to the labour market. (The Nova Scotia rate is currently 63.4% compared to the Canadian rate of 66.4%).
Goal 8 Employment Rate – First Nations and African Nova Scotians
The employment rate (i.e., percent of the working age population currently employed or “officially unemployed”) for First Nations and African Nova Scotians will be equal to the provincial average. (The rate is currently 62% for African Nova Scotians and 53% for First Nations people, compared to the provincial rate of 68%).
Goal 9 Youth Employment
Nova Scotia’s youth unemployment rate (currently19.5%) will be at or better than the national rate in that year (currently 14.0%).
Goal 10 Post-Secondary Education and Training
The proportion of Nova Scotia’s working age population with a post-secondary certificate, diploma or degree, including apprenticeship completion, will have increased from the current 55 % to 65%
Game Changer III: Strategic Priority on Business Start-ups and Growth-Oriented Enterprises
Game Changer IX: Promoting Entrepreneurship
Increasing our Population Goals and Game Changers
Goal 1: Inter-Provincial Migration
Nova Scotia will be averaging a net gain of 1,000 working age persons per year. (Over the past 10 years the province has lost an average of 800 persons per year because of net outmigration).
Goal 2: International Immigration
With the cooperation of the federal government, Nova Scotia will be receiving annually its proportionate share (2.7%) of all new international immigrants to Canada, i.e., approximately 7,000 new permanent residents per year. (The current 5-year average is 2,400 per year).
Goal 3: Retention of International Students
10% of foreign students graduating from Nova Scotia universities, the NSCC and other education and training bodies will choose to become permanent residents of the province.
Game Changer VIII: Becoming a more inclusive and welcoming province
Business Expansion Goals and Game Changers
Goal 4 Business Start-ups
The Nova Scotia economy will be generating 4,200 new business start-ups per year, a 50% increase over the current 10 year average.
Goal 11 Universities, Research & Development
Through both individual initiative and expanded collaboration, and with support from government, Nova Scotia’s universities and the Nova Scotia Community College will have doubled research funding to total $360 million.
Goal 12 Research & Development Partnerships
The number of research and development partnerships between business enterprises and Nova Scotia universities and the Community College will have doubled from an average of 1,000 per year to 2,000 per year.
Goal 13 Venture Capital
The five-year average for per capita venture capital investment, which was $24.80 over the 2007 to 2011 period, will be equal to or better than the Canadian average (currently $41.10).
Game Changer III: Strategic priority on business start-ups and growth- oriented enterprises
Selling to the World Goals and Game Changers
Goal 5 Value of Exports
Nova Scotia will have increased the total annual value of exports (international and inter-provincial), currently in the $14 billion range, by 50% to exceed $20 billion
Goal 6 Firms Participating in Export Trade
The number of Nova Scotia firms participating in export trade will have increased by 50% over the current level of 850.
Goal 14 Tourism Expansion
As Nova Scotia’s leading source of service sector exports, gross business revenues from tourism will reach $4 billion (approximately double the current level).
Goal 15 Fisheries and Agriculture Exports
The value of exports from the fisheries (including aquaculture) and the agricultural sectors will each have doubled on a sustainable basis. (The report prepared for the Commission by APEC identified current fisheries and seafood exports valued at $860 million and agricultural exports at $240 million).
Goal 16 Domestic Markets for Agricultural Products
The value of agricultural products produced for, and consumed within, the Nova Scotia domestic market will have doubled. The current value is approximately $230 Million.
Game Changer IV: Renewing Rural Industries
Game Changer V: A Shared Commitment to Sustainable Development and Regulatory Excellence
Game Changer VI: Rebuilding our Trade Economy