Islanders will now have greater access to information on government loans thanks to a new policy being implemented immediately. Moving forward all loans approved by Finance PEI and Island Investment Development Inc. with a cumulative value over $100,000 will be disclosed publicly...
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...
A new pilot program will help Island homeowners upgrade their current heating system to a cleaner, more efficient system, while reducing the carbon footprint. The Residential Home Heating Program will allow homeowners to borrow funds for costs associated with the purchase and...
Island Investment Development Inc. (IIDI) is a crown corporation reporting to the Minister of Economic Development, Innovation, and Trade. The objects of IIDI are as follows: raise capital in foreign and domestic markets; provide financing to projects of significant economic...
Project Addressing Red Tape (ART) is a government-wide initiative of the Province of Prince Edward Island to streamline processes to increase PEI’s economic and business competitiveness without compromising public health, safety or the natural environment.
Creating jobs for Islanders - For Charlottetown custom clothier Coltin Handrahan, the path to entrepreneurship led straight through the Junior Achievement program at school. He started his company Golden Custom Clothing while he was still a student, making custom-designed shirts...
Economic Development & Tourism annual report for 2015-2016
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...
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...