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Newfoundland and Labrador, Canada
It is one of Canada's thirteen provinces and territories, the Province of Nova Scotia. As one of the three Maritime provinces, it's a member of both the Atlantic and the Canadian continents. Nova Scotia is known as "New Scotland" in Latin.
At 969,383 people, the province has a majority of English speakers, according to the most recent census. It is the most populous province in Canada's Atlantic provinces. It is the second most populous and the second smallest province in Canada, after Prince Edward Island. With a total land area of 55,284 square kilometers (21,348 square miles), it encompasses Cape Breton Island as well as 3,800 other coastal islands. The Isthmus of Chignecto, which connects Nova Scotia's mainland peninsula to the rest of North America, is also the province's land border with New Brunswick. The Northumberland and Cabot straits separate the province from Prince Edward Island and Newfoundland.
The modern province of Nova Scotia was home to the Mi'kmaq people at the time of European exploration. This is the date that Port-Royal became the capital of the first French colony established in New France, namely Acadia. For more than a century, Britain and France engaged in a series of battles for the land. Fighting for dominance took place in and around Louisbourg's fortress. With Britain's conquest of New France (1758–1760) and Treaty of Paris (1763), France was forced to cede Acadia to its empire following the Great Upheaval (1755–1763), which saw the British deport thousands of Acadians. A large number of Loyalists fled to Nova Scotia during the American Revolutionary War and established new lives in the province (1775–1783) After achieving self-government in 1848, Nova Scotia was the first British colony to federate with New Brunswick and the Province of Canada (now Ontario and Quebec) to form the modern nation of Canada in 1867.
This province's largest city is home to approximately 45 percent of its residents. As the second-largest coastal city in Canada after Vancouver, Halifax is the most populous city in Atlantic Canada.
Geographical Description of Newfoundland and Labrador
After Prince Edward Island, Nova Scotia is Canada's tiniest province by land area. There are numerous bays and estuaries on Nova Scotia's peninsula, which is surrounded by the Atlantic Ocean. Only 67 kilometers (42 miles) separates Nova Scotia from the ocean. A large island to the northeast of Nova Scotia's mainland, Cape Breton Island, is also a part of the province, as is Sable Island, a small island about 175 kilometers (110 miles) off the province's southern coast that is notorious for shipwrecks.
In Nova Scotia, there are numerous fossil-bearing rock formations. The Bay of Fundy shoreline has a particularly high concentration of these geological formations. The Joggins Fossil Cliffs near Hantsport, New Brunswick, on the Bay of Fundy, have produced an abundance of Carboniferous fossils. Wasson's Bluff, located near Parrsboro, has yielded fossils from the Triassic and Jurassic periods. Located in the Cape Breton Highlands in the province's far north, White Hill is the province's highest point at 533 meters (1,749 feet).
There are 5,400 lakes in the province.
Located halfway between the Equator and the North Pole, Nova Scotia is a landlocked province in the middle of Canada. 45°08'36.5"N is the true midpoint, which also passes through Nova Scotia.
Economy of Newfoundland and Labrador
GDP per capita in Nova Scotia was $44,924, well below the Canadian average of CA$57,574 in 2016.. At least 10 years ago, the economy has been lagging behind the national average in terms of economic growth. On the other hand, the median family income in Halifax in 2017 was $98,870, which is higher than the national average of $92,990.
Christmas trees, lobster, gypsum, and wild berries are some of the most popular exports from the province. Over $1 billion is exported every year, and fish products are consumed in 90 countries around the world. But the province's imports far outweigh its exports. From 1992 to 2004, the trade deficit was roughly the same, but since then, it's grown significantly. Exported goods made up 12.1% of Nova Scotia's GDP in 2012, while imported goods made up 22.6 percent.
During the past few decades, Nova Scotia's resource-based economy has become more diverse. Nova Scotia's rise as a viable North American jurisdiction was fueled by the abundance of natural resources, particularly fish stocks off the Scotian Shelf. The fishery has been a pillar of the economy in New France since its founding in the 17th century. However, overfishing in the late 20th century led to a dramatic decline in the fishery. There were approximately 20,000 job losses due to cod stock collapse in 1992, and the industry was shut down.
It's not just coal mining in Cape Breton and northern Nova Scotia that's been impacted: A large steel mill in Sydney, Nova Scotia, closed in the 1990s, and many other industries have been affected. Pulp and paper mill near Liverpool, Ontario, was recently shut down due to the high Canadian dollar value in comparison to the US dollar. The mining of gypsum, salt, silica, peat, and barite, to a lesser extent, is a major industry. Even though offshore oil and gas production and revenue have decreased since 1991, they have become an important part of the economy. A significant part of Nova Scotia's economy is agriculture, particularly in the Annapolis Valley.
Nova Scotia's defense and aerospace industry generates approximately $500 million in revenue each year and contributes approximately $1.5 billion to the province's economic output. Nova Scotia is home to 40% of Canada's military assets. With a thriving film industry, Nova Scotia is home to more than 100 productions each year, with more than half of them coming from outside the country. Since most other jurisdictions continue to offer tax credits for film production, Nova Scotia's elimination of these incentives in 2015 has put the industry in jeopardy. Over 500 companies and 15,000 people are employed in the province's burgeoning Information and Communication Technology (ICT) sector.
In 2006, manufacturing in Nova Scotia generated more chained GDP than any other industry, amounting to over $2.6 billion. The province's largest employer, with three manufacturing facilities, is Michelin. Additionally, Michelin is the province's largest private employer.