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March 2013 Maritime Economic Fundamentals

Ally

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News articles for March 2013.
 

Ally

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New Brunswick stops accepting immigrant applications from China following review




FREDERICTON - New Brunswick has halted all applications under a Chinese immigration pilot project following an internal review of the province's nominee program.




The decision announced Wednesday follows a review by auditor general Kim MacPherson, who in February raised concerns about the provincial nominee program.



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Ally

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Cape Breton unemployment rate hits 17.5%




Cape Breton Mayor Cecil Clarke says the region's unemployment rate is now at 17.5 per cent, pushing Cape Breton into a crisis.




Recent numbers from Statistics Canada show more than 10,000 people in the area were looking for work and unable to find a job last month.




Clarke said he is asking the federal and provincial governments for help with the area's unemployment rate.





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Ally

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Nova Scotia home sales plunge in February




Home sales dropped dramatically across the province in the first two months of this year, with the biggest declines occurring in the Halifax region and on the South Shore.




According to numbers provided by the Nova Scotia Association of Realtors` multiple listings service, sales across the province dropped 19.7 per cent through the three-month period ending Feb. 28 compared to the previous year.





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