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Halifax Harbour, a major seaport in Nova Scotia that is approximately 100 km southeast of the Bay of Fundy, comprises a deep inner region called Bedford Basin, connected to the adjacent ocean by a shallow channel called The Narrows. A study of sea level and currents reveals the presence of episodic oscillations in The Narrows, with a period of approximately 2 h. The oscillation strength varies from day to day and, to some extent, through the seasons. The median amplitude of the associated sea level variation is 18% that of the de-tided signal, rising to 32% at the 95-th percentile. Values this large may be of concern for the transit of deep-draft vessels through shallow parts of the harbour and for the clearance of tall vessels under the two bridges that span The Narrows. Another concerning issue is the matter of oscillations being superimposed on storm surges. In addition to such direct effects of sea level variation, shear associated with the oscillations may increase the turbulent mixing in the region, affecting the overall state of this estuarine system. We explore the nature of the oscillations as a first step towards the improvement of prediction schemes for sea level and currents in the region. This involves an analysis of the oscillations in the context of seiche and Helmholtz resonance theories and the use of a 2D numerical model to handle realistic bathymetric conditions and other complications that the simpler theories cannot address. We conclude that the predictions of Helmholtz resonance theory are in reasonable agreement with both the observations and the predictions of the numerical model.