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 undergone considerable growth particularly in high knowledge sectors such as aerospace, bioscience, and information communications technology.

Low Corporate Taxes

Federal corporate tax15%
Provincial corporate4.5% small business
Income tax16% other business
Real commercial property tax1.5% 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.

“PEI has one of the lowest costs in North Amercia relative to the food processing sector”
– KPMG Competitive Alternative Study of 10-yr average annual costs

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