APEC – Job creation in Charlottetown

The Atlantic Provinces Economic Council (APEC) confirms the centralization of job growth in Prince Edward Island with job creation results from 2008 – 2015. The numbers indicate that in that time span 3,900 jobs were created in Charlottetown, while 300 jobs were created in the rest of the entire province. Both jobs and population growth … Continued

Conference Board of Canada – Charlottetown boosts GDP and jobs in 2016

The Conference Board of Canada tracks both Gross Domestic Product(GDP) and job growth in cities each year. In Charlottetown, GDP grew 3.3% in 2016 for an additional $81 million of economic activity, continuing the city’s run of positive GDP growth since 2005. By comparison, Canada’s GDP grew by only 1.4%. Additionally, Charlottetown added 200 jobs … Continued

HGS Announces 170 new jobs in Charlottetown

February 13, 2017 (PEI, Canada) – HGS Canada (a subsidiary of Hinduja Global Solutions Limited (HGS), a company listed in India) announced it will hire 170 positions in its Charlottetown customer experience contact centre in March to support a new media and communications client. The company is hosting a job fair on Thursday, February 16, … Continued

Newcomer Orientations

In the fall of 2016, the City of Charlottetown initiated orientation sessions for newcomers to the capital city. Numerous events were held and hundreds of new citizens to Charlottetown were invited into City Hall to hear from numerous departments, meet with Mayor and Councilors, and get more familiar with City Hall and how the municipal … Continued

Start Up Zone opens in Charlottetown

Designed to empower entrepreneurs and enable business development and growth, the Start Up Zone has opened its doors on Queen St in Charlottetown. The facility accommodates up to 40 people. Numerous new businesses have already taken up residence. The Start Up Zone is a multi-sector approach to business development which encourages collaboration. Another example of … Continued

Continued growth in Biotechnology sector

A program of the federal government, under the Centres of Excellence for Commercialization and Research program (CECR) has awarded one of two national awards to the PEI BioAlliance. The award will provide $14 million over 5 years for commercialization of natural products including human and animal health, agricultural products, and industrial chemicals. Natural Products Canada, … Continued

Site Selection Magazine selects Charlottetown again in 2015

Charlottetown has again in 2015 been named as one of the Top 10 Economic Development Groups in Canada by Site Selection Magazine out of Atlanta, Georgia. Listed in the 8th annual Best to Invest Awards based on corporate end-user facility investment and job creation data including partnerships, proactive programming and web resources. Charlottetown has been … Continued

Tweel development

Major renovation to key downtown properties. Properties at 141 Kent Street, 63 Great George Street, and 135-139 Kent Street are undergoing major re-development, will increase office capacity in this section of the downtown, and are a further indicator of private sector investment and optimism in the Charlottetown economy. Owner Chris Tweel has worked very hard to make significant improvements … Continued

Invesco Ltd. Expands in Charlottetown

Seven years after its initial move to Charlottetown in 2008, Invesco Ltd. has become one of the areas largest employers, with over 290 full-time permanent staff at the office. The company is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. Invesco Ltd’s Charlottetown office is a key … Continued

Carta Worldwide opens Payment Processing Centre in Charlottetown

Carta Worldwide, a leader in payment processing, will set up a data site at the Atlantic Technology Centre with assistance from Innovation PEI, says Allen Roach, Minister of Innovation and Advanced Learning. Carta Worldwide currently offers payment programs to customers in the UK, Europe, Caribbean and the United Arab Emirates. The Charlottetown office of Carta … Continued