"When Magna looked at setting up a plant in Cape Breton, one of the most notable advantages we found was the attitude of the people: loyal, hard-working, and resourceful. That attitude helped make our Cape Breton plant a successful operation that is today shipping quality engineered and manufactured automotive parts throughout the world." Frank Stronach Chairman, Magna International Inc.

Living on Cape Breton Island

Island Facts: Population 158,300 Cape Breton County 117,900 Average Income per tax filer $19,300 Average Family Income $40,551

Tax Structure The tax structure is based on the principle that properties with the same service level pay the same tax rate. All properties in the region are designated urban, suburban or rural based on the level of services received and tax rates vary accordingly.

Transit Public transportation is available throughout the urban area as well as many suburban areas through the Cape Breton Regional Transit Authority. A transit system for the physically challenged is also available. In addition, private passenger bus service is available to areas throughout Cape Breton and to Truro and Halifax, with connections to North American destinations.

Residential Housing Comparative Housing Costs (detached, bungalow-style home with three bedrooms, 1 and 1/2 baths, attached garage, private, paved drive, full basement and approximately 1,300 square feet of living space):

Comparison Of Business Costs Comparison of Initial Facility Investment Costs - Sydney vs. Halifax & U.S. Cities, from "A Comparison of 1996 Business Costs in Atlantic Canada and the United States (KPMG Management Consulting)":