PEI
Rising growth for Atlantic provinces in rosy outlook
Conference Board cites service-sector stability and rising exports.
PEI potato shortage blamed as Cavendish Farms closes packaging plant
Shortfall of 68 million kilograms in 2017; bought from new sources on the island as well as from producers in other provinces.
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Federal carbon tax seems destined to fail
PEI has added itself to the list of carbon tax opponents, following Ontario, and the list is growing.
PEI raises HST to 15%
Delays plans to balance provincial budget for a year.
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.
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.
PEI settles lobster plant loan dispute out of court
Was seeking almost $10 million of an unsecured loan after plant closure.
Global risks could affect growth in Atlantic Canada: think tank
Atlantic Provinces Economic Council predicts modest economic gains in 2015.
Aspin Kemp lands $80M ship components contract from GE
Drilling ships contract will create 50 jobs.
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.
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.
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.
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.
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.
PEI vows to strengthen private sector amid EI cuts
Growth will come from an improved education system and better training opportunities.
