Investing in Tourism and Small Business Growth in Prince Edward Island
News release
PEI businesses and organizations receive federal support for upgrades, planning, and programming
November 22, 2024 · Charlottetown, Prince Edward Island · Atlantic Canada Opportunities Agency (ACOA)
Tourism and small businesses are crucial to growing sustainable local economies in Atlantic Canada. In Prince Edward Island, where strong visitor numbers are once again bringing new opportunities for employment to communities across the province, strategic investments are key to ensuring long-term benefits reach all Islanders. The Government of Canada is committed to supporting a diverse and resilient economy by building on the strengths of the region.
Building a sustainable industry with targeted infrastructure and programming
Today, Darrell Samson, Parliamentary Secretary to the Minister of Rural Economic Development and Minister responsible for ACOA, announced total contributions of $2,417,942 for eight projects that will advance Prince Edward Island's tourism sector and provide essential supports for small business development. This announcement was made on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA.
Investments announced today will help the Tourism Association of Prince Edward Island (TIAPEI), Meetings & Conventions PEI, the PEI Business Women’s Association, and LearnSphere Canada Inc. to provide vital programming, marketing, and supports for local operators and entrepreneurs. Key infrastructure upgrades to the historic Rodd Charlottetown property and the Port of Charlottetown will welcome more visitors with improved experiences, and the popular Anne of Green Gables Chocolates Inc. will modernize processes to keep up with demand.
For further details on the projects, please refer to the backgrounder.
Today's announcement demonstrates the Government of Canada's dedication to building a sustainable and distinct tourism sector in Atlantic Canada, furthering the region’s reputation as as a world-class destination.
Quotes
“ACOA is helping PEI businesses grow, attract visitors, and create jobs—whether it’s through better marketing or upgrades. It’s all about stronger communities.”
The Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA
“It is such a pleasure to visit my neighbours in Atlantic Canada, sample the culture and food that people from around the world travel here to experience, and to meet the passionate entrepreneurs contributing so much to these communities. These investments from the Government of Canada show our continued commitment to the people and the economy of this special place.”
Darrell Samson, Parliamentary Secretary to the Minister of Rural Economic Development and Minister responsible for ACOA
“The organizations and businesses supported by today’s announcement are well-known in Charlottetown and across the Island as leaders in the industry. I thank them for their dedication to Islanders, to supporting tourism growth, and to building pride in our community.”
Sean Casey, Member of Parliament for Charlottetown
Quick facts
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Over 7,500 businesses are part of the tourism sector in Atlantic Canada, working in food and beverage, accommodations, recreation, transportation, and travel services. Together, these companies employ over 111,000 full and part-time workers.
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Tourism is a major employer for Atlantic Canadians living outside major cities, representing approximately 9.5% of all local jobs in rural communities.
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The funding announced today is provided through ACOA’s Regional Economic Growth through Innovation (REGI) program, Business Development Program (BDP), and Innovative Communities Fund (ICF).
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Contacts
Connor Burton
Press Secretary
Office of the Minister of Rural Economic Development and of the
Atlantic Canada Opportunities Agency
Connor.Burton@acoa-apeca.gc.ca
David Fleming
Communications Manager
Atlantic Canada Opportunities Agency
david.fleming@acoa-apeca.gc.ca
Corryn Clemence
CEO
TIAPEI
cclemence@tiapei.pe.ca
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