Culinary and Tourism Growth in Gateway Village

News release

Federal government supports new craft brewery and cidery

July 9, 2019 – Borden-Carleton, PE – Atlantic Canada Opportunities Agency

PEI is home to a vibrant culinary tourism scene, strengthened by collaboration among primary growers, restaurants, craft breweries, and those who mix goods and services to create memorable visitor experiences. Demand for Island food and beverage delights continues to increase. Supporting business growth in the tourism and hospitality industry creates employment opportunities in rural and urban communities across the country.

The Honourable Wayne Easter, Member of Parliament for Malpeque, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA), joined the team from Lone Oak Brewing Co. today to announce funding for a soon to be opened ten-barrel brewery and cidery in Borden-Carleton.

The company will establish its operation in a 4,500 square foot space located in Gateway Village in Borden-Carleton, and plans to explore selling its beer and cider throughout Atlantic Canada.

This investment builds on commitments made by the Government of Canada and the four Atlantic Provinces to drive economic growth in the region through the Atlantic Growth Strategy, which supports strategic investments in initiatives that build on the region’s competitive advantages, such as its thriving food industry, strong export potential, growing innovation network, and skilled workforce.

Quotes

“Food and tourism are essential to Atlantic Canada’s growing economy, and businesses involved with these industries are collaborating in innovative ways to create new opportunities in their communities. The Government of Canada is working with entrepreneurs to build on the successes and strengths of the Atlantic region, and support long-term growth.”

  • The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA

“Entrepreneurs are fueling the culinary tourism economy in smaller communities across PEI. A long-held connection with agriculture, combined with recent collaborative efforts in marketing and innovative approaches to food and beverage products, is creating a recipe for economic success. I am pleased to announce support from the Government of Canada for this entrepreneurial venture in rural PEI.

  • The Honourable Wayne Easter, Member of Parliament for Malpeque

“We couldn't be more excited to join the thriving craft beer and cider industry in Atlantic Canada. I, along with my partners, can't thank the federal government enough for its support for our project. We are proof that government is willing to invest in small business and create opportunity for young entrepreneurs and their staff here at home in PEI.

  •  Jared Murphy, CEO, Lone Oak Inc.

Quick facts

  • Through its Business Development Program, ACOA is providing a $300,000 repayable contribution to Lone Oak Brewing Co. to help the startup company renovate and purchase equipment for the new brewing facility and taproom.

  • In PEI, the local craft beer market has risen, from sales of approximately 185,000 litres in 2012 to over 1,000,000 litres in 2017.

  • In PEI, the local craft beer market has risen, from sales of approximately 185,000 litres in 2012 to over 1,000,000 litres in 2017.

Contacts

Jana Parker Smith
Communications Manager
Atlantic Canada Opportunities Agency
902-566-7569

Jared Murphy
CEO
Lone Oak Brewing Co.
jared@loneoakbrew.com
902-218-9373


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