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New Crown Corporations Launched to Drive Economic Growth

Dec 1, 2022 | 12:00 PM

Scazon / CC

The Province of Nova Scotia launched two new organizations that will modernize the governments approach to economic development and improve accountability to Nova Scotians.

Build Nova Scotia and Invest Nova Scotia will build on experience and expertise to drive forward a more innovative, resilient, sustainable, and competitive economy.

Invest Nova Scotia will make it easier for entrepreneurs and businesses of all sizes and stages to access the tools and resources needed to grow and contribute to the economy. This team will work to ensure all communities and Nova Scotians are included in economic success.

Build Nova Scotia manages and develops strategic provincial Infrastructure to propel the province and the economy forward by leading important projects like Nova Scotia’s high speed internet initiative, environmental remediation work, and healthcare infrastructure redevelopment. Minister of Public Works Kim Masland says with a new mandate Build Nova Scotia can take its work to the next level by better aligning resources, priorities, and projects. This is especially important as the provincial economy is facing challenges such as labour shortages, supply chain weaknesses, and inflation but also has emerging opportunities that will move the province forward.

“Our governments top priority is addressing the challenges facing the healthcare system today and preparing for the future.” Says Colton Lablance, Minister Responsible for Healthcare Redevelopment Projects. “Healthcare infrastructure is a critical component of our planning and Build Nova Scotia will bring its expertise and partnerships within the health system to advance projects that will improve access to care and better meet the needs of patients and staff”

The province is recruiting CEO’s for both corporations and is planning advisory boards to provide advice to the government on the organizations work.

Legislation to establish the new crown corporations passed in October.


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