Accommodations Nova Scotia
Your Guide To Accommodations In Nova Scotia
Economy, Nova Scotia
Economy is an unincorporated community of approximately 200
people located along the north shore of the Minas Basin/Cobequid
Bay, in Colchester County. Considerably depopulated now, the
village supported a shipbuilding industry during the late 1800s.
The place-name 'Economy' comes from the 18th century Acadian
place-name for the area L'Économie, which itself is an adaptation of
the Mi'kmaq First Nation word for the location, kenomee, meaning 'a
place of land jutting into the sea'. Mi'Kmaqs presumably named the
area thus because here the shoreline juts out into the Minas Basin
at what is now known as Economy Point. (East of this point the
Cobequid Bay begins). Mi'Kmaqs hunted and gathered throughout the
region for hundreds of years prior to the settlement of Acadian
families in the Economy area.
Present-day economic activity in the area includes small-scale
harvesting of timber, firewood, wild low bush blueberry, fish with
weir traps, and soft-shelled clam.
