Policy

Q3 2023 Halifax Business Conditions

November 24, 2023

Overall business optimism throughout Canada’s major CMA’s declined over the last quarter. Despite a 3 point drop for Halifax business optimism, it remains higher than most other cities and the national average.

Inflationary pressures remain the top obstacle for Halifax businesses but have significantly improved over
the last quarter. While labour related challenges have also improved, transportation and insurance
costs have worsened.

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