Participation Rate The participation rate measures the proportion of the working age population active in the labour force, whether employed or unemployed. It depends to some extent on social and cultural factors, but is also influenced he...
AI summary The participation rate measures the proportion of the working-age population active in the labour force and is influenced by employment opportunities. In the CBRM, the rate fluctuated around 53% from 1981 to 1991, peaking at 54% in 1986 and dropping to 51% by 1996. Nova Scotia's participation rate increased steadily from 57% in 1981 to 60% by 1996, with a growing gap between the CBRM and the province due to differences in employment opportunities and economic conditions.
tariffs are structured. Source: NS Department of Natural Resources; various petroleum distribution companies; NSPI and CBDC annual reports. In order to penetrate markets in Nova Scotia, gas will have to be priced competitively. In new and...
AI summary The text discusses the pricing dynamics of gas relative to oil in residential, commercial, and industrial sectors in Nova Scotia. It highlights that significant price differentials are necessary to encourage conversion from oil to gas, especially when equipment replacement is not required. Current market conditions make it difficult for gas to compete with #6 oil in industrial applications.
3. CONVERSION COST REDUCTION MEASURES The key problem to be overcome at the individual consumer level in converting to natural gas is the high capital cost of conversion and retrofit of space heating systems in residential dwellings. These...
AI summary The text discusses the high capital costs of converting residential heating systems to natural gas and highlights the need for financial assistance such as loans or grants to overcome this barrier. It notes that without such support, the savings from lower natural gas prices may not justify the initial investment.