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.

Bookmark and Share

Drive with Budget Rent A Car today!