HONG KONG, Sept. 19, 2012 /CNW/ - Nova Scotia Premier Darrell Dexter and
Stephen Lund, president and CEO of Nova Scotia Business Inc.,
participated in the Market Opening Ceremony at the Hong Kong Stock
Exchange during the Council of the Federation's trade mission to China
today, September 19.
Premier Dexter, Chair of the Council of the Federation, is leading the
delegation that includes nine premiers, 110 business, institutional and
university leaders on a 11-day economic development mission to China.
Today at the Hong Kong Stock Exchange opening ceremony, Premier Darrell
Dexter highlighted Nova Scotia's recent success in building an
international financial services sector in Halifax.
"Our goal on this mission is to explore various opportunities for Nova
Scotia, including promoting our financial services sector," said
Premier Dexter. "There is no better place to highlight the sector than
at the Hong Kong stock exchange."
In KPMG's Competitive Alternatives 2012 report released this year,
Halifax ranked number one out of all Canadian and U.S. cities surveyed
for lowest business operating costs in the International Financial
Services sector and is considered the fastest growing hedge fund
administration centre in Canada.
"Nova Scotia is an attractive location for fund administrators to expand
their global footprint," said Stephen Lund, president and CEO Nova
Scotia Business Inc. "We have attracted some of the world's leading
financial services companies including Citco Fund Services, Butterfield
Fulcrum and Marsh Captive Solutions."
Nova Scotia is not only recognized as a global financial services centre
but it is Canada's university capital. Talented graduates from the
province's award winning institutions are succeeding with international
financial services companies in Nova Scotia. With Nova Scotia's
increased emphasis on partnerships between educational institutions and
industry, graduates are receiving the specialized skills required by
the financial services sector.
Nova Scotia Business Inc. is the province's private-sector-led business
development agency. Through trade development, investment attraction,
business financing and venture capital, NSBI assists local companies
and attracts international companies to Nova Scotia. For more
information, visit www.nsbi.ca and follow online at www.nsbi.ca/connect. For more information on Nova Scotia's financial services sector visit
Image with caption: "Representatives from Nova Scotia Business Inc., joined Nova Scotia Premier Darrell Dexter, Northwest Territories Premier Bob McLeod and other government officials for the Market Open Ceremony at the Hong Kong Stock Exchange. Premier Dexter spoke to the province's recent success in building an international financial services sector in Halifax. (CNW Group/Nova Scotia Business Inc.)". Image available at: http://photos.newswire.ca/images/download/20120919_C7937_PHOTO_EN_18149.jpg
SOURCE: Nova Scotia Business Inc.
For further information:
Nova Scotia Business Inc.