I wonder if Brescia Italy might be the best comparison for the Halifax metro.
https://en.wikipedia.org/wiki/Brescia_Metro
http://www.urbanrail.net/eu/it/bre/brescia.htm
13.7km total length with 9.2km underground (mostly deep bored tunnel) and the automated metro with the same short 39m trains as the Copenhagen metro. Ours would be 7.2km tunnel and 13.2km total. It seems Brescia is larger compared with Halifax in terms of population as Wiki lists city as 200k, urban area of 650k and metro of 1.2m but the important aspect is the number of people potentially served by the route (and notably that we have a major choke point in the harbour which they don't).
Brescia ridership is listed as about 50k/ weekday average and I think we could expect similar here. Our total system daily ridership is about 90-100k, and I don't think it's unrealistic that at least 1/2 of total riders would transfer to the metro for some part of their trip.
We can also expect that the increase in service speed, comfort and reliability would grow the total ridership, perhaps significantly. For example, the ferry's actual travel time seems to be about 8 minutes, but the total time I usually spend on the ferry is about 15 min since it sits there for awhile before leaving and takes time to dock and unload. There's also walking time to/from the ferry so the trip is more like 20 min from Alderney st. to Lr. Water st.
The metro's cruising speed would be 80km/h or 45 sec/km and if you add 30 sec dwell time on each end and 15 sec acceleration/deceleration on each end, the total trip would be 2.5 min. from Alderney to Barrington/Duke. 8 times faster. Not to mention that increase in frequency would drastically reduce average wait times. I wouldn't be surprised if total system ridership increased by 50% over the following decade.