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THE POWER OF INNOVATION AND IMMIGRATION

HALIFAX PARTNERSHIP ANNUAL REPORT HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 1 THE POWER OF INNOVATION AND IMMIGRATION

Halifax’s residents and businesses are driven to succeed. The power of innovation and immigration is critical to this success.

Innovation allows local businesses to compete on a world stage and become more productive. Immigration ensures we have the people our businesses and communities need to grow.

We continue to maximize the power of innovation and immigration in an aligned effort that fuels economic growth and development for our region.

19 Messages 4

This is Halifax 6

Accelerating Growth in Halifax 8

2018-19 Results 10

Promote and Maximize Growth 13

Attract and Retain Talent 16

Align Economic Development 20

Pursue an Organizational Culture of Excellence 21

Financial Overview 22

Our Board of Directors 23

Our Investors 23

2 THE POWER OF INNOVATION AND IMMIGRATION Cover photo credit: Jerry Lynds www.realtygeek.ca Message from Mayor Mike Savage Message from John Rogers, Interim President & CEO Great cities grow from a It’s been another strong year for population growth in It has been quite a year at the brought innovative minds together to thrive and create multiplicity of ideas and our city, with more young people and more Canadian Halifax Partnership, ranging from in collaborative spaces. We have seen more startups the work of many hands. newcomers choosing to make a home here. As a deep loss, significant changes and and scaleups choose Halifax as their launching pad. They may start with city, we welcome their energy and see the benefits transition, to continued progress This is just the beginning. A Halifax Innovation District of growing diversity and continuing to welcome new natural advantages, and successes. It has been quite a is emerging, and it will allow our city to compete on a Nova Scotians. a deep harbour for year for Halifax too—it is buzzing global stage. We are thrilled to be a part of the driving example, but their With a significant startup community, and landmark with a renewed energy, excitement, force behind the district, and we are moving full speed potential is only brought private and public sector investments directed toward and vibrancy that can be felt ahead in 2019-20. to life through the harnessing our ocean advantage, Halifax’s Innovation throughout the city. advantages realized by District is rapidly emerging as a leading centre to Halifax had a record year for immigration in 2018-19. The big thinkers, optimists, launch, grow and attract business. This does not mean we are slowing down. Everything Atlantic Immigration Pilot Program played a major role in and risk takers. we do is guided by Halifax’s Economic Growth Plan. We this success, connecting skilled international workers and In leveraging the bright minds and creative capacity continue to work with our investors, partners, and the graduates to employers experiencing labour gaps. The I have the great privilege of meeting many people who of our community, I believe that we can become, not community towards an ambitious vision to grow Halifax’s Partnership is proud to continue supporting businesses have played a part in the growth and prosperity of simply a bigger Halifax, but a better Halifax. Together, population to 550,000 and its GDP to $30 billion by in taking advantage of this program. Not only are we the Halifax region. Entrepreneurs who take chances, we can find new answers to longstanding issues that 2031. While our city has made incredible progress, our growing our population, but we are building a more threaten to worsen despite our city’s success. developers who build our communities, volunteers who work is not done. The trendline is fragile and there are qualified, diverse workforce. devote countless hours to causes, artists who reflect key areas that require our attention in order to reach who we are, academics and innovators who show us Let’s use economic development as a tool for real new possibilities, athletes and their fans who energize social inclusion, to leave our gem of a city better than our goals. Moving forward, we are keeping our sights As my time as Interim President & CEO at the Partnership the city—all have contributed to our success story in we found it. This is the real opportunity before us: to focused on harnessing the power of innovation and has come to a close, I want to thank the Board of recent years. find the measure of our success by the character of the immigration. Both are key to fuelling Halifax’s economic Directors for this opportunity. I have truly enjoyed my community we create. and population growth. time working with such a dedicated group of people. The When we first launched the Economic Growth Plan staff, Board, partners, and stakeholders are all devoted in 2016, it gave us a glimpse of what was possible for I want to thank John Rogers for his exemplary work Halifax’s innovation space has seen incredible gains to making Halifax a better place to live, work, and do Halifax. Lofty as those goals seemed, we are starting as interim Halifax Partnership CEO, a post he did not this past year. Significant investments in innovation business. I leave this position feeling inspired and hopeful to see tangible results from our efforts as more people hesitate to accept after the difficult loss of Ron Hanlon. hubs like Volta Labs, the Emera ideaHUB, and the for what is to come. I look forward to seeing what is next and more businesses invest in our future. I would also like to welcome Wendy Luther to her new Centre for Ocean Ventures and Entrepreneurship have for the Partnership, and for Halifax. role leading the Partnership and I look forward to working with her and the team.

Message from Matt Hebb, Board Chair Halifax’s Economic the torch on to Ron L’Esperance, who I have had the Growth Plan for 2016-21 opportunity to work with during his tenure as Vice sets out an aggressive Chair of the Board. I know he will carry the Board long-term vision for forward with sights set on an even more prosperous Halifax in the future. Halifax of a population of 550,000 and a GDP I would also like to take the opportunity to welcome of $30 billion by 2031. Wendy Luther in her new role of President & CEO of The key to achieving this the Partnership. Wendy’s experience and passion for vision is in embracing Halifax instills confidence that she will do great things the power of innovation for the Partnership and our city. I look forward to and immigration. seeing what’s next for her and the team.

Welcoming and connecting new immigrants to Finally, thank you to John Rogers, who joined the opportunities here where they can build their lives and Partnership as Interim President & CEO at a time when careers, and supporting innovative, growing companies we were experiencing great loss and in need of guidance. to reach their full potential, will continue to drive the John took on the challenge and did us proud with his excellent growth Halifax has seen in the past few years. leadership and enthusiasm for helping Halifax prosper.

It has been an insightful and inspiring three years as There are many people working to champion Halifax, Chair of the Halifax Partnership’s Board of Directors, and to facilitate its continued success. Together, we seeing the Partnership and its partners work toward can foster and harness the power of innovation and our collective vision for the city. I am honoured to pass immigration to further economic growth.

4 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 5 THIS IS HALIFAX

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DALHOUSIE EBAY CANADA CHOSE CANADA’S OCEAN THE BMO LABOUR U-HAUL LISTS A NEW MULTI-MILLION UNIVERSITY’S EMERA HALIFAX AS THE FIRST SUPERCLUSTER MARKET REPORT HALIFAX AS DOLLAR ART GALLERY IDEAHUB OPENED CANADIAN CITY FOR RECEIVED $150 CARD RANKED CANADA’S FOURTH- OF ITS DOORS. THEIR RETAIL REVIVAL MILLION IN HALIFAX AS THE LARGEST GROWTH WAS ANNOUNCED PROGRAM. FEDERAL FUNDING. #5 PLACE TO FIND CITY IN 2018. FOR THE HALIFAX WORK IN CANADA. WATERFRONT.

HALIFAX STANFIELD FUTURE CITY THE 90% LOCKHEED MARTIN DURING ITS FIRST SAW 4.3 MILLION BUILDERS BROUGHT CONSTRUCTION WAS AWARDED A YEAR, THE HALIFAX PASSENGERS IN 2018 30 YOUNG MINDS DESIGN PLAN FOR THE $185 MILLION DESIGN CONVENTION CENTRE (5.7% GROWTH). ITS TOGETHER FOR AN COGSWELL DISTRICT CONTRACT FOR WELCOMED MORE CARGO EXPORTS INNOVATION LAB TO REDEVELOPMENT PLAN WARSHIP FLEET TO THAN 90,000 GUESTS. INCREASED BY 8.5% CREATE SOLUTIONS WAS APPROVED BY BE BUILT AT HALIFAX OVER 2017. FOR AFFORDABLE REGIONAL COUNCIL. IRVING SHIPYARD. HOUSING IN HALIFAX.

NON-RESIDENTIAL CONSTRUCTION ACTIVITY INCREASED BY $14.9 MILLION COMPARED TO 2017 (+4.3%). SEVERAL MAJOR PROJECTS ALENTIC VOLTA LABS IN 2018, HALIFAX WRAPPED UP IN 2018: THE BEDFORD INSTITUTE OF OCEANOGRAPHY MICROSCIENCE RECEIVED CELEBRATED THE SURPASSED ITS RECORD UPGRADES, THE CENTRE FOR OCEAN VENTURES & ENTREPRENEURSHIP $3 MILLION IN FEDERAL GRAND OPENING OF ITS FOR CRUISE SHIP VISITS (COVE), AND ’S EMERA IDEAHUB. FUNDING FOR THEIR NEW 60,000 SQUARE- AND TOTAL CRUISE BLOOD TESTING FOOT FACILITY. PASSENGERS FOR THE DEVICES, TO BE USED BY THE INCUBATOR NOW SECOND YEAR IN A ROW. ASTRONAUTS ABOARD HOUSES MORE THAN THE INTERNATIONAL 30 STARTUPS. SPACE STATION.

6 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 7 ACCELERATING GROWTH IN HALIFAX

THE HALIFAX PARTNERSHIP, HALIFAX It leverages Halifax’s unique strengths—our ocean REGIONAL MUNICIPALITY (HRM), AND OUR advantage, our educated and innovative community, MANY PARTNERS MOBILIZED AND LED OUR and our excellent urban/rural lifestyle—through four COMMUNITY IN EXECUTING HALIFAX’S five-year strategic goals: ECONOMIC GROWTH PLAN 2016-21. 1. Promote and Maximize Growth: Grow Halifax’s GDP to $22.5 billion by 2021 TOGETHER, WE ARE WORKING TOWARD AN 2. Attract and Retain Talent: Grow Halifax’s AMBITIOUS LONG-TERM VISION TO GROW labour force to 271,000 by 2021 HALIFAX’S POPULATION TO 550,000 AND ITS GDP TO $30 BILLION BY 2031. 3. Make Halifax a Better Place to Live and Work: Grow Halifax’s population to 470,000 by 2021 The Economic Growth Plan sets out a focused and 4. Align Economic Development: Increase measurable plan of action to make Halifax a more alignment and collaboration vibrant, thriving, and welcoming city. The Partnership’s annual Business Plan aligns with the objectives of the Economic Growth Plan. This report highlights the Partnership’s 2018-19 activities and impact in achieving the strategic goals.

Halifax is experiencing substantial positive growth toward all four of the five-year strategic Economic Growth Plan goals.

8 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 9 Grow Halifax’s GDP to $22.5 billion by 2021 2018-19 • The Conference Board of Canada estimates Halifax’s GDP grew by 1.6% to $19.2 billion, and forecasts that growth will RESULTS remain in the range of 1.8% to 2.5% out to 2023 IN YEAR THREE OF THE ECONOMIC GROWTH PLAN, HALIFAX EXPERIENCED ANOTHER IMPRESSIVE YEAR OF DEVELOPMENT AND GROWTH: HALIFAX PARTNERSHIP PERFORMANCE FRAMEWORK RESULTS 2018-19 Grow Halifax’s population The Partnership’s 2018-19 Business Plan Performance Management Framework (PMF) sets out a strategic to 470,000 by 2021 planning framework and performance indicators. Targets are linked to Economic Growth Plan outcomes. • Statistics Canada estimates Halifax’s population to be 430,512 (a 2.0% increase, or 8,544 new people), yet another record year for population growth PROMOTE & ATTRACT & MAXIMIZE GROWTH RETAIN TALENT • Nearly 65% of population growth was driven by international migration (5,405 new people) • 2,503 young people ages 20 to 29 came to OF OF Halifax, representing almost one-third of Halifax’s population growth in 2018 4TARGETS ACHIEVED6 4TARGETS ACHIEVED5 • 12.6% of international students studying in Nova Scotia became permanent residents ALIGN ECONOMIC PURSUE AN ORGANIZATIONAL DEVELOPMENT CULTURE OF EXCELLENCE

Grow Halifax’s labour force OF OF to 271,000 by 2021 • Halifax’s labour force participation rate 2TARGETS ACHIEVED2 4TARGETS ACHIEVED5 increased for the first time since 2009, by 3.3% (8,000 workers) • Nova Scotia’s youth employment grew by 6.4% OVERALL (roughly 5,300 net new jobs)—this is the largest YEAR-END OF annual increase on record = RESULTS TARGETS14 ACHIEVED 18

10 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 11 PROMOTE AND MAXIMIZE GROWTH

SMARTBUSINESS PROGRAM 2018-19 results include: • 423 face-to-face visits The Partnership’s SmartBusiness team meets face- to-face with business owners to pinpoint obstacles • 722 follow-up consultations impeding growth, identify systemic issues across • 725 referrals companies, and find solutions related to export • 184 Atlantic Immigration Pilot Program referrals development, commercialization and R&D, and (see page 18 for more) talent recruitment. • 135 commercialization referrals • 84 export referrals • 322 other referrals

EBAY CANADA RETAIL REVIVAL SELL HALIFAX

In March 2019, eBay Canada launched the Retail The Halifax Partnership and Mayor Savage lead the Revival program in Halifax to help small- and Sell Halifax Program to attract new investment and medium-sized local businesses grow into global business to the city. This year’s activities continued to markets through e-commerce. Halifax was the first sell Halifax’s TLC+I (talent, location, cost, innovation) Canadian city chosen for the program. After receiving value proposition in major Canadian and US centres. 180 applications, eBay selected 70 businesses to participate in the year-long training program. • 84 leads • 44 prospects AND CAPITALIZE ON • 14 wins (companies establishing or expanding operations in Halifax) OUR BEST ECONOMIC • 1,170 jobs estimated to be created OPPORTUNITIES.

DU NORD SKIN CARE really could not have come into being anywhere other than Halifax. After establishing the idea and beginning research and development, I received outstanding and unexpected support. People not only offered to test my product, but also provided strong support to see my products get to market. We are creating a place and a corresponding mindset for inhabitants that embraces creativity, innovation, eco-responsibility, and business—especially small business. I cannot underemphasize how important this attitude has been for my business to grow.

12 THE POWER OF INNOVATION AND IMMIGRATION – Ursula Snyder, DU NORD SKIN CARE PROMOTE AND MAXIMIZE GROWTH

MAYOR’S CELEBRATE BUSINESS PROGRAM ADVANCING INNOVATION Our objectives are to: Activities in 2018-19 focused on: & BUSINESS GROWTH • Establish the Halifax • Completing benchmark and best We joined the Retail The Mayor’s Celebrate Business Program showcases Innovation District practice research growing companies in Halifax to learn more about the With support from the Province • Working with partners to develop Revival program to take impact they are having on our economy. The goal of this of Nova Scotia, the Partnership • Explore innovative solutions to the Innovation District launch plan advantage of the training and program is for Mayor Savage to meet Halifax’s business is coordinating the launch and civic issues and opportunities expertise to enable us to expand leaders and learn more about our business community development of Halifax’s Innovation with HRM and partners • Working with businesses, and industry advantages. Through this program, Mayor District. Our goal is to increase universities, Nova Scotia the marketing of our unique Savage and the Partnership toured five local companies the number of viable high-growth • Advance opportunities that Community College, government, products throughout North last year. startups in Halifax. contribute to startup and and other stakeholders to better scaleup growth America. The increased sales will understand and support the innovation ecosystem in Halifax drive profitability that will make • Developing the Halifax Innovation the company sustainable in District brand the long term. • Developing the Innovation Hub – Staci Latham-Murphy, NovaScotian Crystal Resource to provide startups and scaleups with information on programs, services, fundings, and events within the district and city

ECONOMIC INTELLIGENCE & ANALYSIS SUPPORTING THE AFRICAN NOVA SCOTIAN (ANS) COMMUNITY The Partnership provides the most up-to-date, relevant economic information on Halifax to help According to the 2019 In 2018-19, the Partnership and HRM worked Halifax is our biggest market businesses locate, grow, and succeed. Business Confidence Survey, with African Nova Scotian (ANS) communities so having a strong presence to develop the Road to Economic Prosperity for in the city is strategically • Halifax Index 2018 businesses demonstrate African Nova Scotian Communities Action Plan. optimism in planned activities The plan will launch in 2019-20. important to the company. • 2019 City Matters Survey, conducted by Not only that, Halifax is at MQO Research over the next year, with 85% the leading edge of Atlantic • 2019 Business Confidence Survey, conducted of respondents expecting an HALIFAX GATEWAY by Narrative Research increase in sales and 67% Canada’s future in terms of The Halifax Partnership continues to coordinate and • Quarterly Economic Snapshots youth retention, diversity, and planning to hire additional staff. lead Halifax Gateway, which consists of partners • SmartBusiness Quarterly Reports from the , Halifax Stanfield, and CN. adoption of technology. • Halifax Business Case & Industry Sector Profiles In February 2019, Halifax Gateway sponsored and – Jean Marc Landry, Atlantic Lottery Corporation attended the Cargo Logistics Canada trade show in • 19 Halifax Business case profiles for investment Vancouver, promoting Halifax’s value proposition to attraction prospects and leads international delegates. • Four community profiles

14 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 15 ATTRACT AND RETAIN TALENT

HALIFAX CONNECTOR PROGRAM 2018-19 results include:

• 218 new Connectors Presented by RBC Future Launch and supported by the Province of Nova Scotia, the Halifax Connector • 61 re-engaged Connectors Program is a networking program that connects • 539 new Connectees immigrants and recent graduates who are interested in growing their careers in Halifax with local business • 274 jobs found by Connectees and community leaders in their field. »» 50% of Connectees found jobs in their field—our highest annual success rate to date 2019 marks the 10th anniversary of the Connector Program. Since 2009, the program has helped 3,149 These results are part of what made 2018–19 such participants build networks and careers in Halifax. In a successful year for immigrant and youth retention 2018-19, the Halifax Connector Program experienced in Halifax. record-numbers of new Connectors, new Connectees, and jobs found. In 2018, Robyn Webb, Director of Labour Market Development, was profiled by the Toronto Star as one of 12 changemakers making a difference in Canada by welcoming and retaining talent in our communities.

CONNECTOR+

The Partnership expanded the Connector Program I am proud to be a last year with the development of the Connector+ Connector because I networking app. This platform will connect more business and community leaders with recent TO MAKE believe there’s a lot of talent graduates across Nova Scotia, helping them build in Halifax. I really enjoy their professional networks and enter the workforce. meeting skilled individuals Thank you to the Province of Nova Scotia and our THE BEST USE OF OUR partners for their support of this project. and helping them in their search for a meaningful NATIONAL CONNECTOR PROGRAM career. The right introduction AVAILABLE WORKFORCE. can make a big difference The National Connector Program (NCP), funded by Immigration, Refugees and Citizenship Canada, and the Connector Program positions Halifax and Nova Scotia as global innovative helps make this happen. leaders in the area of immigrant and youth attraction and retention. Now in its seventh year, the National – Melinda Sheridan, RBC Connector Program launched two new programs, one Canadian and one international. This brings the number of national and international Connector communities to 46. In 2018-19, NCP communities across Canada connected 855 immigrants.

16 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 17 ATTRACT AND RETAIN TALENT

EXPERIENTIAL LEARNING INITIATIVE GAME CHANGERS YOUTH Year-over-year results: RETENTION ACTION PLAN There is still a common In 2017, the Partnership, with support from the Province YEAR misconception that job of Nova Scotia, launched the Experiential Learning In October 2018, the Partnership Initiative as part of the Game Changers Youth Retention wrapped up the Game Changers opportunities are limited for Action Plan. This initiative encourages and supports Youth Retention Action Plan. 222 net loss humanities graduates. Carmel Halifax business participation in experiential learning Launched in 2015, this three-year, Mikol realized her options after she programs offered by universities and colleges across private-sector-based initiative was (2015-16) aimed at reducing the net annual was connected to a job shadowing Nova Scotia. interprovincial outmigration of youth YEAR experience at a tech company 2018–19 results include: (aged 20-29) in Nova Scotia from -1,300 to zero. through the Partnership’s • 75 business participants Through Game Changers we 252 net gain Experiential Learning Initiative. • 184 student participants encouraged businesses to: (2016-17) “It gave me confidence that the • 168 students placed in experiential • Hire youth skills that I was developing in learning opportunities research, writing papers, and • Provide experiential learning YEAR opportunities editing could be translated not only • Become a Connector 152 net gain into a job, but a tech-forward job.” (2017-18)

ATLANTIC IMMIGRATION PILOT PROGRAM

Now in its third year, the Atlantic Immigration Pilot The Atlantic Immigration Pilot Not only did Halifax and Nova Scotia achieve Program continues to support businesses in hiring Program helped us hire Yuna, its youth retention goal, we surpassed it. For the international graduates and internationally the best person for the job. I look trained professionals to fill labour gaps. first time in over 30 years, Nova Scotia saw a positive at it as well through the lens of interprovincial migration of youth ages 20-29 in Year 2 2018–19 results include: doing something good for the with additional gains made in Year 3. • 184 businesses referred to NSOI and ISANS city to allow a smart, ambitious • 784 jobs projected to be created by person to settle permanently in Thank you to our Game Changers sponsors: designated employers Halifax. Yuna is a bright young »» Additionally, the Partnership’s AIP team assisted lady who brings knowledge TD Pattison Outdoor Advertising other existing designated employers who are and culture to the city. She is a The Chronicle Herald Saint Mary’s University projected to create 466 jobs for a total of 1,250 NSCC Dalhousie University projected jobs wonderful person that Halifax is Halifax Regional Municipality Marriott Halifax Harbourfront very lucky to have. Clothesline Media Scotiabank Employer participation in the AIP has had a very – Peter Polley, POLYCORP positive impact on Halifax’s retention of immigrants and international graduates.

18 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 19 EVENTS ALIGN ECONOMIC During the fiscal year, the Partnership hosted and supported 23 events. DEVELOPMENT CULTURE OF • April 26: CEO Council on Halifax’s Innovation District • June 6: Sell Halifax Toronto Luncheon EXCELLENCE • June 7-8: Road to Economic Prosperity ANS Gathering ACHIEVING SHARED MUNICIPAL, PROVINCIAL, PROVINCIAL • June 18: Halifax Index Launch REGIONAL, AND NATIONAL ECONOMIC GOALS. • Collaborated with and supported four Nova Scotia • September 25: Annual General Meeting Regional Enterprise Networks’ Business Retention SMARTBUSINESS PROGRAM • October 17-18: National Connector Learning Exchange MUNICIPAL and Expansion Programs • October 17: Game Changers Awards Gala ATLANTIC IMMIGRATION • Pursued investment opportunities in collaboration • Supported the launch of four new Nova Scotia % PILOT PROGAM • November 22: Annual State of the Municipality event in with NSBI and Global Affairs Canada Connector communities 94 CLIENT SATISFACTION partnership with the Halifax Chamber of Commerce • November 22: Fall Economic Statement with • Co-hosted the sold-out Annual State of the • Continued to work with ACOA and NSOI to COMMERCIALIZATION Minister Scott Brison support the successful implementation of the Municipality event with the Halifax Chamber % CLIENT SATISFACTION • December 3: International Partnership Reception with of Commerce Atlantic Immigration Pilot Program 94 Zhuhai, China • Participated as a member of the Halifax • Actively participated in the One Nova Scotia • January 24: eBay Retail Revival Announcement EXPORT DEVELOPMENT Collective steering and sub-committees— Immigration Partnership % CLIENT SATISFACTION • January 28: Connector Appreciation Event Visit onens.ca to see the results • Led the management of the Halifax Gateway Council 80 • January 29: CEO Council with Premier McNeil • Participated in the Innovation District • January 31: Game Changers Post-Secondary • Published and presented the Halifax Index 2018 at Collaborative network Engagement Session a launch event attended by more than 200 people. • March 4: Game Changers Business Engagement Session The Index was distributed to more than 1,200 CONNECTOR PROGRAM • March 5: Game Changers Youth Engagement Session individuals and downloaded 1,500 times REGIONAL % CLIENT SATISFACTION 90 • March 6: SmartBusiness Appreciation Event • In partnership with HRM, released the Economic • Led the Atlantic Canada Economic Coalition • March 13: eBay Retail Revival Launch Growth Plan Years 3–5 Action Plan to the community • Supported the Newfoundland, Prince Edward • March 19: Fill your Labour Gaps through Local INVESTOR RELATIONS • Signed on MOU with the Municipality of East Hants Island, and New Brunswick province-wide & International Recruitment % INVESTOR RENEWAL to support their investment attraction activities Connector Programs 90 • March 20: Connector+ Launch • March 26: The Value of Experiential Learning investor briefing BUSINESS CONFIDENCE SURVEY • March 26: #HireMeHalifax % OF BUSINESSES SURVEYED WERE • March 28: CEO Council with Canada’s Ocean Supercluster NATIONAL AND INTERNATIONAL • Economic Partnership Agreements promote 67 FAVOURABLE WITH THE PARTNERSHIP economic development including economic AWARDS AND RECOGNITION • Led the National Connector Program to assist exchange, business development, and technological Canadian communities in launching Connector advancement through building business links, The International Economic Development Council (IEDC) Programs—see page 16 for results increasing Halifax’s profile, attracting investment, PROMOTING HALIFAX*: Awards for Excellence recognize the world’s best economic development programs. In 2018, the Partnership won the • Supported the World Energy Cities Partnership and promoting trade. In 2018-19, the following 12% YEAR-OVER-YEAR (YOY) INCREASE IN partnerships were established: following IEDC Awards: • Participated in two annual Immigration SOCIAL MEDIA FOLLOWERS • Halifax Index 2017 – Gold Employment Council Symposiums with a focus to • Business partnership developed with • Halifax Index 2017 Launch Event – Gold better partner with employers toward full-skilled Aberdeen , UK % % % • Halifax’s Amazon HQ2 Proposal Website – Gold newcomer labour market integration with IRCC and • New economic partnership agreement signed • Halifax’s Amazon HQ2 Pitch – Silver Employment and Social Development Canada 3 13 41 with Zhuhai City, China to advance the Nova • Sell Halifax Boston Campaign – Silver • Partnered with the Cities of Migration-Immigrant Scotia-China strategy at a municipal level The International Association of Business Communicators’ Gold Futures Project 24,980 TOTAL SOCIAL MEDIA FOLLOWERS • Participated as a member of the Consider Canada Quill Awards recognize excellence in strategic communication Cities Alliance promoting Canada’s value proposition 66,996 WEBSITE VISITORS (34% YOY INCREASE) worldwide. In January 2019, Brittany Warren, Communications for foreign direct investment Specialist, won a Gold Quill Award of Excellence for the Game Changers Youth Retention Action Plan.

*As of March 31, 2019 20 THE POWER OF INNOVATION AND IMMIGRATION HALIFAXHALIFAX PARTNERSHIP:PARTNERSHIP: ANNUAL ANNUAL REPORTREPORT 2018-192018-19 2121 OUR BOARD OUR FINANCIAL OF DIRECTORS INVESTORS OVERVIEW AS OF MARCH 31, 2019 AS OF MARCH 31, 2019 Matt Hebb (Board Chair) DIRECTING Moore Executive Suites Dalhousie University CN Mount Saint Vincent University REVENUE Dalhousie University Manulife Financial (Vice Chair) Total Revenue: >$5.5M Ron L’Esperance Emera Inc. & Nova Scotia Power Medavie Blue Cross Group ATN Government of Canada Municipal Group of Companies Beste Alparagun Halifax International Airport Authority NATIONAL Public Relations Nova Scotia Association of REALTORS® ACCUMULATED RESERVE SEAMARK Asset Management Halifax Port Authority Nova Scotia Gaming Corporation Contribution to the accumulated Partnership equity is $40,181, resulting in an Halifax Regional Municipality Donna Alteen Pattison Outdoor Advertising Oceanstone Seaside Resort accumulated equity position as at March 31, 2019 > $530,000 Time + Space Media Province of Nova Scotia Office Interiors RBC Financial Group Rank Inc. Cory Bell Saint Mary’s University Royer Thompson Lindsay Construction Stingray Sandler Training Margaret Brigley TD Stewart McKelvey Time + Space Media Narrative Research The Chronicle Herald Uber Canada FINANCIAL OVERVIEW Rob Carruthers MANAGING The Westin Nova Scotian WM Fares Group YEAR ENDED MARCH 31, 2019 Deloitte Atlantic Business Magazine Councillor Shawn Cleary Bulletproof Solutions Halifax Regional Municipality Clothesline Media SUPPORTING Revenue Eastlink Admiral Insurance April Howe Halifax Chamber of Commerce Advanced Systems Nova Scotia Public Service Commission Nova Scotia Community College Agenda Managers Inc. HRM $1,733,407 Alscott Air Systems Ltd. Hector Jacques, OC Scotiabank Private Sector Arrow Electronics Inc. Halifax Port Authority Atlantic Lottery Corporation PRESENTING Barrington Consulting Group Cash 452,948 Councillor Waye Mason Beaumont & Co. Black Business Initiative Halifax Regional Municipality Bell Aliant BMO Bank of Montreal In-kind 368,226 Boardworks Consulting Inc. Winston Morton BoomersPlus CBRE Limited Halifax Program investment, sponsorship, and registration 102,192 SimpTek Technologies Bounty Print Ltd. Cox & Palmer BOYNECLARKE LLP Deloitte Funded projects – in support of Core Activities 2,901,278 Chris Ronald Burgess Transfer & Storage Ltd. Dexel Developments RBC Royal Bank Business Development Bank of Canada (BDC) EY Other 37,205 Canadian Museum of Immigration at Pier 21 G4S Casino Nova Scotia Total Revenue 5,595,256 Gerald Walsh Associates Inc. OBSERVERS TO THE Davis Pier Consulting Group M5 Develop Nova Scotia BOARD OF DIRECTORS GWL Realty Advisors Inc. Total Expenditures ExxonMobil Canada Halifax Convention Centre Jacques Dubé FIN Atlantic Film Festival Halifax Marriott Harbourfront Hotel Promote and Maximize Growth 1,636,015 Halifax Regional Municipality Fire Inside Leadership HRO Core Inc. Freeman Audio Visual Captain(N) D.E. Mazur, CD Irving Shipbuilding Inc. Attract and Retain Talent 1,550,584 Group ATN Consulting Inc. Maritime Forces Atlantic IBM Canada Ltd. Halifax-Dartmouth Automobile Make Halifax a Better Place to Live and Work 381,240 Chuck Maillet I. H. Mathers & Sons Limited Dealers Association Innovacorp Atlantic Canada Opportunities Agency Narrative Research (formerly Corporate Organizational Excellence 417,176 Journeyman Film Company Research Associates Inc.) Mayor Mike Savage Killam Apartment REIT The Prince George Hotel Salaries and Benefits 1,570,060 Halifax Regional Municipality Knightsbridge Robertson Surrette Neocon International KPMG LLP NTT Data Total Expenditures 5,555,075 Lindsay Construction Scotian Materials Lockheed Martin The Shaw Group Ltd. SURPLUS $40,181 MariNova Consulting Ltd. Workers’ Compensation Board of Maritime Museum of the Atlantic Nova Scotia Maritimes & Northeast Pipeline Maritime Paper Products LP EMERGING MNP LLP Lois Lane Communications

22 THE POWER OF INNOVATION AND IMMIGRATION HALIFAX PARTNERSHIP: ANNUAL REPORT 2018-19 23 HALIFAXPARTNERSHIP.COM