PEI
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PEI raises HST to 15%
Delays plans to balance provincial budget for a year.
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Aerospace firm gets financial help from PEI, signs new lease
Vector Aerospace will repay about $4 million from the province over a 15-year term to expand operations.
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PEI lobster plant to reopen as cold storage, bioscience centre
Provincial government is providing Souris Harbour Authority Inc. with a $2 million loan to buy the facility.
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PEI settles lobster plant loan dispute out of court
Was seeking almost $10 million of an unsecured loan after plant closure.
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Global risks could affect growth in Atlantic Canada: think tank
Atlantic Provinces Economic Council predicts modest economic gains in 2015.
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Aspin Kemp lands $80M ship components contract from GE
Drilling ships contract will create 50 jobs.
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PEI finances steel plant expansion in hopes of creating 40 jobs
$4.5M project will expand fabrication shop and to purchase automated equipment to increase production capacity.
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Provinces, Kenney, meet to discuss counter offer on Canada Job Grant
The provinces want to make it less financially onerous for small business to participate in the program.
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Kathleen Wynne warns of economic crisis if pensions not improved
Ontario isn’t the only province pushing to boost maximum to CPP contributions to $23,400 from $12,150 – PEI is also on-board.
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EI changes don’t target Atlantic Canada’s seasonal workers, Harper says
Under new rules, those who claim EI frequently will need to prove they’re actively seeking work.
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CFIB gives Nova Scotia a “D” for red tape burden
Red Tape Report Card says province has made no progress in eliminating bureaucratic burden for small business.
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PEI vows to strengthen private sector amid EI cuts
Growth will come from an improved education system and better training opportunities.