Friday, March 13

Nova Scotia Department of Finance


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November 28, 2025
COMPENSATION OF EMPLOYEES, Q3 2025

Quarter-over-quarter (Q3 2025 vs Q2 2025, seasonally adjusted)

Total compensation of employees for all industries increased by 1.5% in Nova Scotia, rising to $8.90 billion in Q3 2025.  National employee compensation was up 1.1% in the third quarter of 2025. All provinces recorded quarter over quarter gains in employee compensation with the fastest growth in New Brunswick, followed by Nova Scotia and Québec. The slowest growth over Q2 was in Briti…

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November 28, 2025
HOUSING STOCK, Q3 2025

Quarter-over-quarter (Q3 2025 vs Q2 2025) 

As of Q3 2025, Nova Scotia had a housing stock of 500,035 units, up 0.37% from Q2 2025. Nationally, housing stock was 17,351,130 units, up 0.41% from Q2 2025. All provinces reported a rise in housing stock, with the fastest gain in Alberta. The slowest gain was reported in Newfoundland and Labrador.

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November 28, 2025
NON-RESIDENTIAL CAPITAL STOCK AND INVESTMENT, Q3 2025

Note that with the release of the Provincial Economic Accounts on November 6, data from 2022 to 2024 have been revised.

Year-over-year (Q3 2025 vs Q3 2024)

Nova Scotia non-residential investment (all sectors, all assets, current prices) rose by 7.4% from Q3 2024 to Q3 2025, leading all provinces in investment growth following revised growth of 4.3% in the previous quarter.  Nationally non-residential investment was up 4.2% with gains in all provinces…

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November 28, 2025
CANADIAN ECONOMIC ACCOUNTS, Q3 2025

Canada’s Real Gross Domestic Product (GDP) grew at a seasonally adjusted annualized rate of 2.6% (all figures seasonally adjusted at annual rates) in the third quarter of 2025, following a 1.8% contraction in Q2 2025. 

Growth was primarily driven by government capital investment and residential investment, as well as falling imports (which are subtracte…

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November 28, 2025
CANADA GDP BY INDUSTRY, SEPTEMBER 2025

Month-over-month (September vs August 2025)

Real Gross Domestic Product (GDP) in Canada grew by 0.2% in September 2025, with gains in both goods and services producing industries.

Real GDP in Canada’s good …

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