Develop Nova Scotia Explained

Develop Nova Scotia
Type:Crown corporation
Fate:Superseded by Build Nova Scotia
Successors:-->
Hq Location City:Halifax, Nova Scotia
Hq Location Country:Canada
Area Served:Nova Scotia
Owners:-->

Develop Nova Scotia Limited was a Crown corporation of Nova Scotia, Canada responsible for the implementation and administration of strategic infrastructure and property projects.

Founded in 1976 as the Waterfront Development Corporation Limited, it was originally tasked with revitalising post-industrial waterfront land in Halifax and Dartmouth. In 2001, WDCL absorbed another provincial corporation, the Bedford Waterfront Development Corporation.[1]

The corporation was renamed Develop Nova Scotia in July 2018 when its mandate was expanded to encompass strategic economic infrastructure and property projects across the province.[2] The provincial government subsequently introduced legislation to formalise the changes. The Develop Nova Scotia Act was passed in September 2018 and received royal assent in October 2018.[3] [4]

Shortly after being elected premier in 2021, Tim Houston launched a review of provincial Crown corporations. This led to the establishment of a new agency, Build Nova Scotia, into which Nova Scotia Lands Inc. and Develop Nova Scotia were amalgamated. The Build Nova Scotia Act, which repeals the Develop Nova Scotia Act, came into effect on 1 December 2022.[5] [6]

See also

Notes and References

  1. Web site: Nova Scotia. Waterfront Development Corporation . Government Administrative Histories . . 22 October 2021.
  2. Web site: New Name, Mandate for Waterfront Development . Province of Nova Scotia . 12 July 2018.
  3. Web site: Develop Nova Scotia Gets Provincewide Mandate . Province of Nova Scotia . 7 September 2018.
  4. Web site: Develop Nova Scotia Act . Nova Scotia Legislature . 22 October 2021 . 2018.
  5. Web site: Legislation Modernizes Province’s Economic Development Approach . Province of Nova Scotia . 19 October 2022.
  6. Web site: Build Nova Scotia Act . Nova Scotia Legislature.