Economic Profile

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Nova Scotia is one of the few places in the world with a fully digital telecommunications network. We have the second-largest natural harbour in the world and excellent rail, road and air links to North America and the world. The second most temperate climate in Canada allows for an unparalleled 12-month construction season. A recent KPMG study found the cost of doing business in Nova Scotia to be the second lowest among 40 international locations studied. With the current Canadian exchange rate, this can mean up to an automatic 40%cost advantage over all US locations.

Well known as the largest commercial centre in the South Shore, Bridgewater with a population of 7,944 (2006) is home to a diverse number of thriving major manufacturers, technology industries, and retail and service businesses located in town or within close proximity. Bridgewater remains a strong service provider for a primary market of 49,400 and has a trading marketing population base of 75,000 (Halifax, Lunenburg, Queens, and eastern Shelburne Counties). Bridgewater also houses most major Federal and Provincial Government offices, which makes doing business here convenient and easy. New employers considering the advantages of locating in Bridgewater will also find that the Town has excellent capabilities at the Nova Scotia Community College for the design and delivery of specialized workforce training to suit individual business and industry requirements.

 

Major Employers

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If you believe that business success is influenced by the company you keep relax because you're in good company when you do business in Bridgewater! Major employers include:

logo_michelin_sm Michelin Canada Inc.
+/- 1500 employees
ssrsb
South Shore Regional School Board
+/- 1000 employees
southshorehealth South Shore Regional Health
+/- 850 employees
resolve Resolve Corporation
+/- 350 employees
logo_airfield 14 Airfield Engineering Squadron
+/- 175 employees
logo_ns Nova Scotia Provincial Government Offices
+/- 100 employees
aliant Aliant
+/- 125 employees
logo_nscc Nova Scotia Community College
+/- 100 employees
logo_canada Government of Canada Offices
+/- 50 employees

 

business-dir-webWondering who some of your other neighbors might be? The Lunenburg Queens Regional Development Agency maintains an on-line database of local area businesses including those in the Town of Bridgewater. To visit the directory, click on the thumbnail to the left or click here.

 

   

Bridgewater's Tax Rates

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Bridgewater Residential Tax Rate: $1.628 per $100.00 of assessment (2010)

Bridgewater Commercial Tax Rate: $3.721 per $100.00 of assessment (2010)

   

Water Supply and Waste Treatment

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water_brochure
Pure and Clean! The 15 million-gallon reservoir water supply for Bridgewater is from three large fresh water lakes and is one of the largest water reserves in Nova Scotia. Bridgewater boasts a new state-of-the-art $7.8 million water treatment plant that anticipates having a 4 million-gallon capacity. The current wastewater treatment plant has a three million-gallon per day capacity with expansion capabilities.
   

Power for Commercial and Industrial Businesses

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Throughout Nova Scotia, Nova Scotia Power is the dominant electricity supplier (97% of generation).

ns-power-logo

 

 

 

For complete up-to-date rate information please visit the Nova Scotia Power website.

 

Electrical power rates vary based upon usage. Rate Code categories include:

  • Domestic Service
  • Domestic Service Time-of-Day
  • Small General Rate
  • General Rate
  • Large General Rate
  • Small Industrial Rate
  • Medium Industrial Rate
  • Large Industrial Rate