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Payday Loans in Sydney, Nova Scotia


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Some things about the area

The community of Sydney lies on Cape Breton Island's east coast. It was incorporated into a city in 1904 but later dissolved to join the Cape Breton Regional Municipality. The city which grew as a result of its steel processing industry is home to about 31,500 people and covers a total land area of 25.2 square kilometers.

The town's economy was significantly affected by the closure of its coal and steel industries around the year 2000. The high unemployment and and dwindling employment opportunities in the region has forced the young and educated population to seek employment opportunities in other parts of Canada. The Harbour of Sydney is the towns main resource. The harbor whose upgrade project was completed in 2012 is expected to create more employment opportunities and open the town to the outside world for international trade.

The town has in the recent past opened to tourism after overlooking its potential for a long time. As the urban heart of Cape Breton Island, it features a mix of cultures which range from African Canadians, Acadian and eastern Europeans.


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