Want to expand to a location with loyal employees, world-class infrastructure and government support that reduces business risk? Our urban centres and regional business parks also offer a significant cost advantage over other locations.
Prince Edward Island is developing a solid reputation as the location of choice for many leading international companies. Regardless of the sector, we have various programs and services to support the Island’s economic growth.
Stable Economy
The province’s economy has experienced considerable growth particularly in high knowledge sectors such as aerospace, bioscience, and information communications technology.
PEI is well positioned to have the strongest economic recovery in Canada due to COVID-19.
Low Corporate Taxes
| Federal corporate tax | 15% |
| Provincial corporate | 4.5% small business |
| Income tax | 16% other business |
| Real commercial property tax | 1.5% of assessed value |
Business Parks
The Government of Prince Edward Island encourages economic development and expansion through business parks and strategic properties at locations across the province.
- Gateway Village Business Park
- Pooles Corner Business Park
- West Prince Business Park
- Atlantic Technology Centre
- West Royalty Business Park
“PEI has one of the lowest costs in North America relative to the food processing sector.”
– KPMG Competitive Alternative Study of 10-yr average annual costs
Let’s talk opportunity
E-mail healthrecruiter@gov.pe.ca or call 902-620-3874