Economy
For generations the economy of the District was based on fish and lumber. Our economy has diversified in recent years, although the resource sectors remain vital.
Today there are job opportunities in a range of public and private sector operations and services, and some very bright opportunities on the near horizon.
The Strait of Canso port is already growing faster in annual tonnage shipped than any other east coast port. The Maher Melford Terminal is under development on the mainland side of the strait on a green field site surrounded by room to boom.
The district is already home to Martin Marietta’s thriving aggregate mining operation at the Strait. A second quarry on the coast near the historic fishing town of Canso is in the planning stages.
With about 4,000 kilometres of coastline, countless bays, inlets and safe harbours, the shoreline is perfect for eco-tourism, outdoor recreation and aquaculture development.
Natural gas discovered and developed off Nova Scotia comes ashore by pipeline in the district at Goldboro, where it is processed and fed into the Maritime Northeast Pipeline. The Goldboro plant, with a throughput capacity of 17 million cubic metres a day, currently processes gas from Exxon Mobil’s Sable development and will soon receive gas from Deep Panuke, an EnCana project.
The TransCanada Highway – 104 in Nova Scotia, lies just to the north of the district, as does the rail line that will connect the Strait Superport to markets all over North America.
The local government, the Municipality of the District of Guysborough, is responsive, progressive approachable and focused on bringing economic opportunities to reality. There is prime land to be had throughout the district, at prices that are competitive with and usually better than, anywhere else on the east coast.