Exporting allows companies to diversify their risk by having revenue streams from different markets and divergent economies. Along with the increased sales potential, there are opportunities to achieve greater economies of scale and maximize productivity – and profitability...
To facilitate economic development in the Summerside area. What is the function of the organization? A for-profit corporation established to foster socio-economic development in the City of Summerside and environs, with particular focus on maintaining the vitality of the downtown...
PEI communities possess unique and valuable characteristics. Residents in these areas want to maintain the qualities that define them and at the same time seek economic opportunities that will ensure long-term growth and sustainability. For more than 20 years the Central...
There is a buzz of excitement on the corner of Water and Queen Street in Charlottetown and it’s coming from the newly created Startup Zone. The bright, open-concept work space was designed to promote entrepreneurial risk-taking and bold ideas, all in an environment that fosters a...
IO Solutions Call Centre Inc. opened its Head Office and operations center in Bloomfield in August 2012. Just under four years later, the company is now ready to expand into a second PEI location. Bobby Morrissey, Member of Parliament for Egmont, on behalf of the Honourable...
The Government of Prince Edward Island is seeking federal funding for a new highway project that would redirect the Trans-Canada Highway around the Town of Cornwall, making travel safer and allowing for more business development in the town. “The Cornwall Perimeter Highway would...
A new employment website for local employers and job seekers, WorkPEI.ca, is now live, says Minister Richard Brown, Workforce and Advanced Learning. “The Government of Prince Edward Island, through the Department of Workforce and Advanced Learning, is excited to introduce this...
Renewed funding for two aquaculture programs emphasizes government’s commitment to growing our Island’s primary industries, says Minister of Agriculture and Fisheries Alan McIsaac. “The Department of Agriculture and Fisheries is committed to supporting our primary food production...
Less than a year after opening its doors, Upstreet Craft Brewing is expanding to meet the growing demand for its beers in Prince Edward Island and beyond. “The success of its products and brand has already allowed Upstreet Craft Brewing to gain interest from off-Island markets,”...