Investing in Cape Breton
Cape Breton is a fast becoming recognised as a solid investment opportunity. Key factors are its stable economy, rising tourism due to greater exposure and good investment in its infrastructure by local Government, all of which promises to make Cape Breton's commerce and tourism flourish in the coming years. Canada has long been the safe bet of seasoned investors looking for realistic returns due to its favourable exchange rates and straight-forward tax system.
- Nova Scotia tourism industry worth 1.8 billion dollars each year.
- More than 2 million annual visitors to Nova Scotia.
- Tourism rising year on year for the last five years.
- In 2010 more than 397,500 people required accommodation on
Cape Breton Island.
- Number one Island in North America said Travel & leisure magazine
Nova Scotia Fixed-Roof Accommodation demand in 2009 |
Region |
Room Nights Sold |
Occupancy
Rate % |
Fundy Shore & Annapolis Valley |
339,400 |
35 |
South Shore |
189,400 |
41 |
Halifax Metro |
1,399,800 |
62 |
Eastern Shore |
23,700 |
34 |
Cape Breton |
397,500 |
42 |
Northumberland Shore |
197,500 |
44 |
Yarmouth & Acadian Shores |
65,700 |
34 |
Province |
2,614,300 |
49 |
|