Story perspectives

Nova Scotia Supports Small Businesses Amid Global Challenges

10/21/2025

47 6

Summary

Story summary

Nova Scotia marks Small Business Week by highlighting local entrepreneurs adapting to a changing economy.
Minister Colton LeBlanc (Nova Scotia) announced government support through Nova Scotia Loyal, which has engaged 1,500+ businesses.
The province saves small businesses $47 million in 2025-26.
In Nigeria, 79% of informal businesses report higher expenses and 65% have revenue growth, per Moniepoint.
The Moniepoint report notes profitability remains elusive amid inflation and currency volatility.

1 of 1

Story summary

Nova Scotia marks Small Business Week by highlighting local entrepreneurs adapting to a changing economy.
Minister Colton LeBlanc (Nova Scotia) announced government support through Nova Scotia Loyal, which has engaged 1,500+ businesses.
The province saves small businesses $47 million in 2025-26.
In Nigeria, 79% of informal businesses report higher expenses and 65% have revenue growth, per Moniepoint.
The Moniepoint report notes profitability remains elusive amid inflation and currency volatility.