The place name comes from the 18th century
Acadian ''L'Économie'', an adaptation of the
Mi'kmaq 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
shoreline 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 of Acadian families in the Economy area. ==Economy==