Investor Presentaiton
ECONOMIC CONTEXT IN 2013-2014
Global:
During the 2013-2014 fiscal year, the recovery in global advanced economies continued to pick up momentum and according to the Organization for Economic
Co-operation and Development (OECD), they will continue to grow over the next two years. This growth positively influenced trade and investment worldwide.
Canada:
The Canadian economy improved during 2013-2014 with two percent growth. Starting in 2014-2015, the Canadian economy is expected to increase further over the
next two years. With stronger US and foreign markets, Canadian exports are set to gain momentum which will continue to support business investment and positively
impact the economy.
Nova Scotia:
Historically (1981-2010), the amount that Nova Scotia has exported trended downward. A strengthening US economy is welcome news to Nova Scotia businesses as
the US is responsible for approximately 75 percent of Nova Scotia's exports. In addition to the strengthening economy, the Canadian dollar depreciated throughout
2013-2014, which should make Nova Scotia exports more attractive than in previous years.
CORPORATE SCORECARD
NSBI's Corporate Scorecard outlines 12 measures of success that track progress toward meeting the four goals of the agency: to attract and grow sustainable business
investment, to enable growth of existing and new business through domestic and international opportunities, to help companies achieve their full potential by
providing access to capital, and to enhance value-added growth to existing and new businesses through access to capital. Of the agency's 12 measures of success,
NSBI exceeded targets in eight measures.
NOVA SCOTIA BUSINESS INC. ANNUAL REPORT 2013-2014 | 11View entire presentation