The number of active businesses in Nova Scotia increased 0.3% from March to April 2021.
Nationally, active businesses increased 0.9%.
Compared with February 2020, the number of active businesses was down 0.3% for Nova Scotia in April 2021.
Nationally, active businesses are lower by 0.1% from February 2020 to April 2021.
The number of active businesses in Halifax was up 1.9% from February 2020 to April 2021. This suggests that the decline in active businesses across Nova Scotia was concentrated outside the city.
Nova Scotia’s business opening rate declined slightly from 4.0% in February 2020 to 3.8% in April 2020.
By June, the Nova Scotia business opening rate increased to 7.9% as the economy re-opened and restrictions were lifted. Since last summer, Nova Scotia’s business opening rate declined back to be closer to pre-pandemic levels, falling to 4.3% in April 2021.