Nova Scotia Destination of Choice for Creditek

first_imgECONOMIC DEVELOPMENT–Nova Scotia Destination of Choice forCreditek A newly established business process outsourcing operation islooking to hire more than 100 financial and accounting employeesfor its Halifax location over the course of the next year. NewJersey-based Creditek Corporation manages receivables for anumber of Fortune 1500 companies that include leaders in theconsumer packaged goods and health-care sectors. Creditek’s Halifax location marks the company’s first Canadianoperations. “We are pleased that Creditek has made Nova Scotiatheir first Canadian choice for growth, and it speaks well of thebusiness advantages that exist in our province,” said EconomicDevelopment Minister Ernie Fage. “Creditek places a high value onthe education level of our workforce and, by choosing NovaScotia, they are helping us send a strong message to theinternational business community that we’re an excellent locationfor business.” “We are extremely pleased with the talent we are attracting inHalifax,” said Regina Paolillo, president and CEO of Creditek.”Our planned growth requires a workforce that is well educated,experienced, energetic, innovative and customer focused. That’swhy we chose Halifax as a partner and location for our firstoffshore service centre and we couldn’t be happier with theresults.” Creditek has signed a four-year payroll rebate agreement withNova Scotia Business Inc. that will see the company set upinitial operations in Halifax and explore another expansionoutside of Halifax in year two of the agreement. Should thecompany meet all of its obligations, and create up to 240 jobs inthe process, it will be eligible to receive $1.7 million over thecourse of the agreement. “Business process outsourcing companies like Creditek present amajor opportunity for us because outsourcing has become the normfor many U.S.-based businesses,” said Stephen Lund, president andCEO of Nova Scotia Business Inc. “Our province is well positionedas an outsourcing alternative to locations in India and Chinabecause we lack the geopolitical risks, we share the same cultureas the United States, and our workforce measures up with anylocation in the world.” Creditek staff require a college diploma or university degree inbusiness or accounting, or several years of experience in theindustry. The Nova Scotia Community College (NSCC) providedinitial workplace training for staff in Creditek’s appliedcustomer service training. “NSCC believes it’s important to be proactive in businessdevelopment activity that impacts the economic progress of NovaScotia,” said Ken Jones, dean, customized training and part-timeStudies, NSCC. “We can provide various levels of trainingincluding curriculum development and delivery, which we customizeto meet the needs of individual business operations –telecommunications, customer service and management are threespecific areas of focus.” For more information on employment opportunities with Creditek,contact Sharon Ayres at 1-800-216-4000 ext. 333 or via e-mail [email protected] . Nova Scotia Business Inc. is the province’s business developmentagency, an organization that works with companies to providebusiness solutions. The private sector-led agency works toattract new businesses to the province and help those already inNova Scotia expand through services such as export developmentand financing.last_img read more

Funding from Gaming Remains Stable

first_img The corporation’s flagship program, Support4Sport, continues to be the largest single source of sport funding in the province and Nova Scotians raised $3.8 million this year to support athletes of all abilities. An additional $4 million was raised through the Support4Culture program for Nova Scotia arts, culture and heritage, up from $2.3 million last year. The Support4Communities program continues to help charities achieve fundraising goals. After helping non-profits raise $125,000 this year, Support4Communities has now raised over $1 million for good causes. “We’re looking forward to continuing the good work we’ve accomplished this year. We will do that by remaining focused on our commitment to Nova Scotians,” said Mr. MacKinnon. The 2017-18 financial statements are available at www.gamingns.ca/AR . $146.9 million payment to province 512 full- and part-time jobs for Nova Scotians $38.7 million in commissions for 1,335 small business owners $6.6 million for the prevention, education and treatment of problem gambling $7.8 million to fund important community-based programs, including sport, culture, and the arts Profits from the province’s regulated gaming industry increased 1.6 per cent in 2017-18 over the last fiscal year, providing funding to support important programs for Nova Scotians. Figures released today, July 19, by the Nova Scotia Gaming Corporation show its payment to the province for the year was $146.9 million compared to $144.6 million in 2016-17. “The sustainability of Nova Scotia’s regulated gaming industry depends on it being managed in a socially responsible manner,” said Bob MacKinnon, president and CEO of the Crown corporation. “That’s where we come in, and we’re proud to return 100 per cent of the profits to Nova Scotians for essential services like health care, roads, schools, sports and cultural programs.” The corporation works to ensure the regulated gaming industry offers games that are fun, safe and responsible to adult Nova Scotians who choose to gamble. Recent results show that 81 per cent of Nova Scotians support its commitment to responsible gambling. Working closely and collaboratively with Atlantic Lottery Corporation and Casino Nova Scotia, the corporation offers oversight and training to an industry that employs more than 500 Nova Scotians. Overview of Nova Scotia’s gaming industry for 2017-18:last_img read more