HALIFAX — Officials say expansions by two major corporations in Nova Scotia could bring hundreds of new jobs to the province. Nova Scotia Business Inc., the province’s business development agency, says Manulife could earn a payroll rebate of up to almost $10 million over five years, but less if it creates fewer than 600 new jobs. Manulife has added 152 full-time equivalent jobs in Nova Scotia since its first payroll rebate agreement with Nova Scotia Business Inc. in 2014. Nova Scotia Business Inc. says Michelin could earn a maximum rebate of $3.57 million, based on eligible capital spending of $14.3 million on the semi-finished materials process. “This project reinforces the strength and technical capability of the Michelin Nova Scotia team,” Premier Stephen McNeil said in a statement.

Source: National Post October 23, 2018 19:41 UTC