Charlottetown

Quick Facts
Province: Prince Edward Island (capital city)
Population: 34,134

Charlottetown holds a special place in Canadians’ hearts as the official birthplace of Canada. However, charm is just one of the many assets that this Island capital has to offer. Located in Canada’s smallest province, Prince Edward Island (PEI), Charlottetown is home to some of the country’s biggest investment opportunities.

Key Advantages

  • Canadian Business Magazine ranked Charlottetown as the number two best city for business in the last two years
  • Consultants KPMG have again scored Charlottetown as one of the most cost effective business locations in the G7 and NAFTA nations
  • Provincial $200 million announcement of the Island Prosperity Strategy—the establishment of a new center for bio-science excellence in Charlottetown known as the Biocommon Research Park
  • Located on Canada’s east coast—Year round ports offer excellent access to the North American and European markets
  • 4th lowest annual operating costs of any city in Canada
  • Financial encouragements for eligible companies such as tailored incentive packages, tax rebate programs, labor rebate programs and interest-free unsecured loans:
    • PEI Investment Tax Credit
    • Enriched Investment Tax Credit
    • Specialized Labour Tax Credit intended to help kick-start new business growth by providing an incentive for workers with specialized expertise or skills to work on the Island
  • Home to many R&D facilities:
    • Atlantic Technology Centre
    • PEI Food Technology Centre
    • National Research Council Institute for Nutrisciences and Health
    • Centre for Animal and Plant Health
    • Canadian Food Inspection Agency

Sector Strengths

  • Aerospace
  • Agri-Food & Seafood
  • BioScience
  • Diversified Manufacturing
  • Information Technology & New Media
  • Tourism