Entrepreneurial Communities shows some NS communities making gains, while NL municipalities struggle.
Kentville, Nova Scotia, Atlantic Canada’s Most Entrepreneurial Community
Halifax, October 17, 2016 – Kentville, Nova Scotia is being rated the most “entrepreneur friendly” community in Atlantic Canada. This is one of the findings of the 2016 Entrepreneurial Communities report from the Canadian Federation of Independent Business (CFIB). The annual report uses 14 indicators to determine which Canadian cities offer the best entrepreneurial environment. The Annapolis Valley town also broke the top ten nationally, ranking seventh among 121 cities across the country.
The report looks at a variety of factors including the scale and growth of business ownership, industrial diversity, indicators associated with optimism and growth plans and actions taken by local governments on business taxation and regulation.
“This report is designed to both recognize the efforts made by communities to encourage entrepreneurs and to reflect owner’s attitudes toward the local business environment,” Jordi Morgan, VP Atlantic for CFIB explained. “These indicators provide insight into what’s working and what can be improved to assist small- and medium-sized businesses.”