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Government will disclose more loans under new policy
2019-06-20
Islanders will now have greater access to information on government loans thanks to a new policy being implemented immediately.
Moving forward all loans approved by Finance PEI and Island Investment Development Inc. with a cumulative value over $100,000 will be disclosed publicly on the internet...
Government eliminating entrepreneur Provincial Nominee Program
2018-09-12
The provincial government will no longer accept applications from immigrants looking to set up a business on Prince Edward Island in exchange for immediate permanent residency.
The move eliminates the entrepreneur stream of the Provincial Nominee Program (PNP). It puts Prince Edward Island in line...
Community, business leaders will improve transparency on investment board
2018-08-27
Four new members added to the provincial government’s investment board this week through Engage PEI -- who have vast business and community experience -- will give Islanders a greater voice in the board’s decisions.
Now seven members, the Island Investment Development Inc (IIDI) board provides...
Government improves lending agency transparency
2018-06-01
Islanders now have improved access to open and transparent information about money lent to companies by the provincial government.
A policy change affecting government’s two lending agencies – Finance PEI (FPEI) and Island Investment Development Inc (IIDI) – requires all loans of more than $...
Their yogurt may be sheepish, but these farmers aren’t
2018-04-27
Creating jobs for Islanders -
Gabriel Mercier knows better than most that necessity is the mother of invention.
As a new Prince Edward Island farmer, Mercier and his wife Deirdre Doiron have had to work hard to grow her father’s 26-acre farm Ferme Isle St. Jean in North Rustico. Their solution?...
Province supports MacDougall Steel expansion
2017-09-15
Creating jobs for Islanders -
Ron MacDougall sees a bright future for his company MacDougall Steel Erectors Inc. (MSE) thanks to a $7 million renovation and fit-up to its production facilities.
As part of its plan to grow and diversify, the company recently purchased the former McCain plant in...
2016-2017 Economic Development & Tourism Annual Report
2017-09-07
Economic Development & Tourism annual report for 2016-2017.
2015-2016 Economic Development & Tourism Annual Report
2017-07-25
Economic Development & Tourism annual report for 2015-2016