Hon. Dennis King, Premier of Prince Edward Island issued the following statement on Small Business Week: “This week, we celebrate and thank the small businesses that are the backbone of our Island’s economy and communities. These businesses play a crucial role in our towns and...
If you are interested in a newcomer investing in your business and becoming a partial owner through the Provincial Nominee Program, you must submit an application to our office to assess eligibility. You must be willing to sell at least 33 1/3% of the equity of your business to...
If you are interested in selling your existing PEI business to a newcomer through the Provincial Nominee Program, it is your responsibility to find the potential buyer for the business. We recommend you discuss this option with your accountant. Is my business eligible? For your...
Building on the momentum from the Council of the Federation meeting in Toronto, Ontario, earlier this week, Hon. Dennis King, Premier of Prince Edward Island, announced several initiatives to help foster stronger ties with the United States of America going into 2025. A special...
Island Investment Development Inc. (IIDI) Annual Report for 2023-2024
Improvements to local roads will benefit Islanders and their businesses, with work taking place thanks to the combined investment of more than $21.4 million from the federal and Prince Edward Island governments. Announced by Minister Lawrence MacAulay, Member of Parliament Heath...
Hon. Cory Deagle, Minister of Fisheries, Tourism, Sport and Culture issued the following statement: “April 15-19 is National Tourism Week and this year’s theme is Canada: Powered by Tourism. This week is a great opportunity to recognize the tourism industry’s economic, social and...
The 50th Annual Statistical Review shows that PEI still has the fastest growing economy among provinces, second only to the territory of Nunavut, despite economic expansion slowing for the second consecutive year. “We are marking 50 years of reporting to Islanders what they need...
Environment, Energy and Climate Action Annual Report for 2022-23