Our urban centres and regional business parks offer a significant cost advantage over urban areas like Toronto, Calgary, Vancouver, Denver, and New York. Labour costs can be as much as 20 per cent lower and office lease costs as much as 30 per cent lower.
Prince Edward Island is business-friendly with low corporate taxes – not to speak of the taxes we don’t have. Funding support, strategic industry clusters and specialized services encourage business entrepreneurship, innovation and global success.
Prince Edward Island workforce has Canada’s lowest employee turnover rate. The province has a well-educated labour force; 50 per cent of residents of PEI have a post-secondary degree or diploma.
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