Creating jobs for Islanders - The McCain Foods Adjustment Fund continues to help Prince Edward Island’s economy prosper, and new proposals for the fund are now being accepted. McCain set up the fund when its Borden-Carleton plant closed in October 2014, and nine businesses and...
Investing in infrastructure - Improved Island-wide Internet services will provide faster and better access across Prince Edward Island. The provincial government has issued a request for proposals (RFP) for companies to make those enhancements. The objective is to improve...
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)...
Being in business requires adapting to market conditions, and making strategic and innovative investments. That’s why the governments of Canada and Prince Edward Island are supporting the PEI Bag Company with investments for innovative equipment to help increase quality, quantity...
Investing in infrastructure - Faster internet service will help improve opportunities for education, business, and quality of life for more rural Islanders. The provincial government will soon issue a request for proposals (RFP) for a company or companies to help enhance internet...
In Western Prince Edward Island, businesses in aerospace and advanced manufacturing are leading through innovation in technology, training, and sector growth. That is why the governments of Canada and Prince Edward Island are investing in the province’s aerospace sector to...
Innovation is not a buzzword. It is a way of life and a driving force in today’s economy. It is about making things better, whether that’s new technologies, ideas, or products and services. It’s about creating well-paying jobs across Canada and having the potential to improve the...
Prince Edward Island’s independent filmmakers now have more support to help them produce quality content and grow the industry. The provincial government has launched two new film initiatives – the Film Media Fund and Film 4Ward program. They are funded by $350,000 from the...
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...
The provincial government supports the federal government’s response to new steel and aluminum tariffs announced by the United States and will continue to defend the interests of Island companies. The province will engage with industry members and associations over the coming...