No Better Place To Be

Prince Edward Island offers amenities, infrastructure, and culture beyond what is expected of a place that is considered “small” by geographic and population measures. Recognized as one of the world’s ten most beautiful islands, PEI is a tourism destination for approximately a million visitors each year. Many of these visitors come during the summer season when they can enjoy our beautiful sandy beaches, world-class golf courses and an abundance of fresh produce and seafood. Throughout the year, there are many concerts, festivals and events including the Festival of Lights, Jack Frost Children’s Winterfest, the Jazz & Blues Festival, Festival of Fall Flavours, International Shellfish Festival, and Old Home Week. You can experience great music, theatre, cuisine, harness racing, and history in the “Birthplace of Confederation” any time of the year. The seat of provincial government and the capital city, Charlottetown, is one of three municipalities designated as a 2011 Cultural Capital of Canada. This distinction recognizes and supports Canadian communities that have a record of harnessing the many benefits of arts and culture in community life.

PEI has an excellent reputation for safety, quality of life, a friendly atmosphere, and has many more amenities than most jurisdictions of our size. Our size also results in a true sense of “community” – networks between organizations, educators, businesses, and easily accessible members of all levels of government result in a cooperative environment to the benefit of all stakeholders.

I'm in the business of making medicine from organisms in the ocean, so Prince Edward Island is a natural fit. Innovation PEI has positioned itself well on the business side of the equation. The tax incentives the province offers makes it easier to attract specialists in the field.

Russ Kerr
Chief Executive Officer, Nautilus Bioscience
Vector Aerospace is a global leader in MRO. Our PEI operation, Vector Atlantic, has the best package - excellent infrastructure, low operating costs, and targeted aerospace training.

Brian Thompson
President, Vector Atlantic
To be successful in our export initiatives, we require a facility where we can house systems in a commercial data centre and execute projects in a secure environment. The Atlantic Technology Centre is a compelling location given our needs.

Scott MacIntosh
Founder and CEO, Swift Radius

Why PEI?

When it comes to business, there's no better place than Prince Edward Island:

North America Free Trade Zone
A cost effective and business friendly environment
A highly skilled and educated labor pool
Accessible decision makers
Strategic infrastructure
Access to major markets
North America Free Trade Zone
A cost effective and business friendly environment
A highly skilled and educated labor pool
Accessible decision makers
Strategic infrastructure
Access to major markets

KPMG 2010 Competitiveness Index

Competitive Alternatives is KPMG's guide to comparing business locations in North America, Europe & Asia Pacific.

Competitive Alternatives 2010 compares business costs for more than 100 cities in ten countries. Canada is one of the cost leaders among the nine established industrialized countries, with business costs at 5.0 percent below the United States and a cost index of 95.8.

Prince Edward Island has one of the lowest costs in North America relative to:

Aerospace
Agri-food
Automotive
Chemicals
Electronics
Medical Devices
Metal Components
Pharmaceuticals
Precision Manufacturing
Telecommunications
Corporate & IT Services
Biomedical R&D