Economic Outlook for Pictou County

The overall economic development plan for Pictou County will build on and complement the existing profitable and stable business and industry base. As with many Canadian regions, our economy is shifting from traditional resource based to a more service oriented economy. This is reinforced with growth in retail and hospitality sectors and with confirmed developments such as a new convention centre designed to service groups of 500 people.

Pictou County has targeted growth in several key areas including government service branches and niche tourism product development; such as the small port cruise industry. Pictou County is currently moving forward with implementation of its recently completed Bikeways work plan, this involves investments in some additional infrastructure and marketing in order to make our region the first cycling destination in Nova Scotia. Also in development is an Arts & Craft theme experience that will build upon previous investment in business development training for our region's many fine artisans.

Pictou County has produced generations of artists, craftspeople and musicians that have made their mark at home and further a field. No doubt, this cultural climate has played a role in the development of a burgeoning design communications industry that well serves the needs of business and community development organizations in this region and beyond.

Pictou County is a partner in the Atlantic Gateway; this strategic partnership promotes Nova Scotia 's advantageous geographical position, incomparable proximity to world markets (i.e., closest landfall to Asian and Indian markets and one-day sail closer to major European markets than any other North American port), existing port capacity and well-established transportation infrastructure. The Atlantic Gateway is about building and promoting Nova Scotia as the pivotal link in the global transportation system. Pictou County 's location in the geographic centre of Nova Scotia and transportation infrastructure combined with a well-established industrial base provides the region with an unparalleled opportunity for future prosperity.

Pictou County remains one of the least expensive places to do business in the G8, the 2008 KPMG Competitive Alternatives Study places Pictou County in Canada's top 10 cost competitive locations, for more information click here.

Pictou County's cost competitive business climate, strategic location, winning partnerships and skilled workforce combine to ensure that the region is well positioned for growth.

General Economic Statistics, 2005 & 2006

Source: Nova Scotia Statistical Review, 2005 & Pictou County District Planning Commission

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PRDC Business Plan 2009-2010 (PDF 1.7MB)

Pictou County Regional Strategic Plan