The PEI AdvantageAs the leading economic development agency for Prince Edward Island (PEI), Innovation PEI works as a team with other levels of government through InvestPEI to provide you timely "one stop" investment services.
Innovation PEI offers the most responsive and client focused business attraction unit in Canada.
Top 5 Reasons to Invest in PEI
1. A cost effective and business friendly environment
2. A highly skilled and educated labour pool
3. Strategic infrastructure
4. Access to major markets
5. Quality of life that is second to none
For complete investment information, visit Invest PEI or contact us directly at 1-902-368-6300 (toll free 1-866-822-5500) and begin learning more about the benefits of growing your company in Prince Edward Island, Canada.
Prince Edward Island has earned a reputation as a prime location to do business. Our provincial government supports innovation and business development activities within a strong and diversified economy.
Low cost location
Prince Edward Island is one of the lowest cost locations for business in the G7 according to the KPMG Study on business costs. Your business will find a welcoming and friendly environment, highly qualified personel, communication and business infrastructure.
Our businesses benefit from high labour participation and single digit turnover rates.
Innovation PEI is constantly in collaboration with Labour Market Development and our post-secondary institutions to continue to expand educational programs and ensure they meet the requirements of our local economy.
A few statistics:
An unemployment rate of 11.4% (November 2013)
A labour participation rate of 69% (November 2013)
An employment rate of 61.1% (November 2013)
Source: Statistics Canada
A safe and peaceful lifestyle
In Prince Edward Island people live in an environment that offers big opportunities, affordable housing, light traffic, peaceful communities, great schools, universal public health care, friendly neighbours and a few-minutes drive between home and work.
This is a place where your voice matters, where you can make a difference. Immerse yourself in scenic beauty of Prince Edward Island; relax and find your balance.
World renowned for its lobster, potatoes, and as a popular tourism destination, Prince Edward Island offers a lifestyle that is a rarity to find in this day and age.
Prince Edward Island has miles of sandy white beaches and championship golf courses all within a few minutes drive from cities such as historic Charlottetown - the Birthplace of Canada.
Prince Edward Island is a place of beauty and opportunity, where everything is within your grasp.
On our Island, your family can grow in a safe and welcoming environment, where the air and the water are fresh and clean.
Major markets are a short flight away, but Islanders live and work minutes from world class recreation: salt-water beaches, spectacular golf, scenic hiking and challenging nordic ski trails.
Prince Edward Island is the smallest of the Canadian provinces but it represents the best of all that Canada can be. Prince Edward Island ... it could be your home!
A convenient and strategic location
Prince Edward Island is located in the Gulf of St. Lawrence, off the Atlantic Coast of the eastern Canadian mainland. One of the four Atlantic Provinces, this crescent shaped Island is separated from the mainland by the Northumberland Strait.
Prince Edward Island is nestled between Nova Scotia, New Brunswick and Newfoundland. This prime location offers excellent access to North American and European markets through the use of year-round ports, major air cargo routes and high-bulk land transportation.
PEI is in the Atlantic Time Zone; four hours behind London, four hours ahead of Los Angeles and one hour ahead of the Eastern United States.
Working in Canada's playground
Among such natural beauty and good-natured people, there are great career and business opportunities for you. Are you interested in aerospace and defence? Check out our growing cluster of world-class companies. Involved in bioscience? Prince Edward Island has a strong base of companies and institutions in research and development, with close connections with the innovative University of Prince Edward Island and Holland College. The information and communications technology sector thrives in Prince Edward Island with growing financial services, data services and gaming sectors.
Prince Edward Island offers distinct advantages - access to the North American Free Trade Agreement and the emerging Canada-Europe Trade Agreement; less than two hours flight to New York, Boston and Toronto, an educated workforce, a responsive government, and affordable costs. Prince Edward Island has world class technologies and a strategic location. Prince Edward Island has quality strategic infrastructure to support your investments.
Islanders are special people, and you can join them. Step out of the clutter. Spend quality time with your family instead of wasted hours commuting. The province boasts vibrant culture, lifelong learning, a relaxed atmosphere. Enjoy our exceptional cultural life: main stage and community theatres, museums, art galleries, restaurants, regular festivals and events. Fabulous beaches and swimming, great golf, scenic walking trails - all these are spectacular, affordable and nearby.
A lifestyle that offers a healthy balance between work, family and fun is reality in Prince Edward Island. It's all within your reach.