PEI business optimism stays strong throughout 2016

Business optimism in Prince Edward Island dropped in December (63.2) but is holding above the national average (60.2). The state of business health indicators is one of the strongest in the country with a majority of business owners reporting that their firms are in good health. Prince Edward Island had a strong 2016 and its index was consistently one of the highest in Canada.

PEI introduces new red tape legislation

Legislation has now been tabled to follow through with Government's commitment last year that it would be introducing common legislation with Nova Scotia and New Brunswick to measure and report our regulatory burden.

Minimum wage taking two jumps in 2016 for PEI

Minimum wage in PEI will increase to $10.75 on June 1, 2016 and to $11 on October 1, 2016.

What does Budget 2016 mean for Island small business?

PEI's 2016-17 budget contains a mix of good and not-so-good news on small business priorities.

PEI looks to create a newer and greener energy strategy

The provincial government recently started consultations on the creation of a new energy strategy addressing key energy challenges faced now and over the next 10 to 15 years. The draft document is heavily focused on renewable energy, sustainability, and energy efficiency, while promoting the development of a greener economy for the island.
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