Economy (2006 pop.: 1,111)''Nova Scotia Community Counts:'
Statistical profile
is an unincorporated

rural In general, a rural area or a countryside is a geographic area that is located outside towns and cities. Typical rural areas have a low population density and small settlements. Agricultural areas and areas with forestry are typically desc ...

community situated along the north

shore A coast (coastline, shoreline, seashore) is the land next to the sea or the line that forms the boundary between the land and the ocean or a lake. Coasts are influenced by the topography of the surrounding landscape and by aquatic erosion, su ...

of the

Minas Basin The Minas Basin () is an inlet of the Bay of Fundy and a sub-basin of the Fundy Basin located in Nova Scotia, Canada. It is known for its extremely high tides. Geography The Minas Basin forms the eastern part of the Bay of Fundy which splits ...

Cobequid Bay Cobequid Bay is an inlet of the Bay of Fundy and the easternmost part of the Minas Basin, located in the Canadian province of Nova Scotia. The bay was carved by rivers flowing into the eastern end of the Bay of Fundy. The eastern end of the bay ...

, at approximately 45°23'N, 63°54'W, in

Colchester County Colchester County ( Scottish-Gaelic: Siorramachd Colchester) is a county in the Canadian province of Nova Scotia. With a population of 51,476 the county is the fourth largest in Nova Scotia. Colchester County is located in north central Nova Sc ...

Nova Scotia Nova Scotia is a Provinces and territories of Canada, province of Canada, located on its east coast. It is one of the three Maritime Canada, Maritime provinces and Population of Canada by province and territory, most populous province in Atlan ...

. In the late 19th century, it was known for its

shipbuilding Shipbuilding is the construction of ships and other Watercraft, floating vessels. In modern times, it normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation th ...

industry.

History

The place name comes from the 18th century

Acadian The Acadians (; , ) are an ethnic group descended from the French who settled in the New France colony of Acadia during the 17th and 18th centuries. Today, most descendants of Acadians live in either the Northern American region of Acadia, ...

''L'Économie'', an adaptation of the

Mi'kmaq The Mi'kmaq (also ''Mi'gmaq'', ''Lnu'', ''Mi'kmaw'' or ''Mi'gmaw''; ; , and formerly Micmac) are an Indigenous group of people of the Northeastern Woodlands, native to the areas of Canada's Atlantic Provinces, primarily Nova Scotia, New Bru ...

First Nation word for the location, ''kenomee'', meaning 'a place of land jutting into the sea'. Mi'kmaqs presumably named the area thus because the

line juts out into the Minas Basin at what is now known as Economy Point. East of this point marks the beginning of Cobequid Bay. Mi'kmaqs hunted and gathered throughout the region for thousands of years prior to the

settlement Settlement may refer to: *Human settlement, a community where people live *Settlement (structural), downward movement of a structure's foundation *Settlement (finance), where securities are delivered against payment of money *Settlement (litigatio ...

of Acadian families in the Economy area.

Economy

The economy is based on

logging Logging is the process of cutting, processing, and moving trees to a location for transport. It may include skidder, skidding, on-site processing, and loading of trees or trunk (botany), logs onto logging truck, trucksfirewood Firewood is any wooden material that is gathered and used for fuel. Generally, firewood is not heavily processed, and is in some sort of firelog, recognizable log or branch form, compared to other forms of wood fuel like pellet fuel, pellets. ...

, wild lowbush

blueberry Blueberries are a widely distributed and widespread group of perennial flowering plants with blue or purple berries. They are classified in the section ''Cyanococcus'' with the genus ''Vaccinium''. Commercial blueberries—both wild (lowbush) ...

and weir fishing. There is also a soft-shelled

clam digging Clam digging is a North American term for a common way to harvest clams (edible infaunal bivalve mollusks) from below the surface of the tidal sand flats or mud flats where they live. It is done both recreationally (for enjoyment or as a ...

industry.

Landmarks

Landmark buildings are the Scott house, church and the recently closed historic General Store.

References

External links

Destination: Nova Scotia with a picture of the shoreline at EconomyDestination: Nova Scotia with a map of the Economy area
{{Coord, 45, 23, N, 63, 55, W, region:CA_type:city_source:GNS-enwiki, display=title, name=Economy Communities in Colchester County Unincorporated communities in Nova Scotia