Activities under the Economic Growth Program are now eligible under the Community Capacity Funding Stream of the Rural Growth Initiative. Please see the Rural Growth Initiative webpage for more information
A provincial economic update and second-quarter budget forecast both contain positive news for Islanders. The economic update and second-quarter forecast were tabled in the legislature today by Finance Minister Allen Roach. At $7.9 million, the projected 2016-17 deficit is $1.7...
A review of Prince Edward Island’s two urban regional development corporations will better position the entities as catalysts for strong, sustainable economic development. Community and business leaders Fred Hyndman and Nicole Morrison, along with Deputy Minister of Finance David...
Creating jobs for Islanders - A new $4 million angel investment fund will help jump-start local businesses at a phase of their development when they need it the most and help drive economic growth and prosperity for Prince Edward Island. As part of the 2017-2018 provincial budget...
The 2024 Annual Statistical Review shows that Prince Edward Island had the fastest growing provincial economy in the country again last year, with real GDP increasing by 3.6 per cent. PEI has exceeded national growth in nine of the last 10 years. “Although our economy has...
A new agreement between the Province of Prince Edward Island, successful businessman Islander Don McDougall, and Rodd’s Hotels will establish Mill River Resort as a flagship tourism destination, drive economic growth, protect and increase jobs in the region, and keep the property...
Minister of Economic Growth, Tourism and Culture, Bloyce Thompson issued the following statement congratulating the Tourism Industry Association of Prince Edward Island and Tourism PEI for receiving a 2022 Skift IDEA Award for the category of pandemic response: “As challenging as...
The Economic Update is an annual report that examines key performance indicators of the Island economy like exports, consumer prices, primary industries, labour force, population and construction.
The Economic Update is an annual report that examines key performance indicators of the Island economy like exports, consumer prices, primary industries, labour force, population and construction.