Federal and Provincial governments support green economic growth in Summerside
News release
First of its kind infrastructure in Atlantic Canada will house light manufacturing companies
June 27, 2023 · Summerside, Prince Edward Island · Atlantic Canada Opportunities Agency (ACOA)
The City of Summerside continues to be a leader of sustainable energy and green technologies. Through investment in green building practices, eco-friendly municipal services, and innovative partnerships for energy production and research, the city has become a beacon for businesses looking to invest in innovation. The Government of Canada understands that investment in green infrastructure and technology helps diversify the region's economy, provides new business opportunities, reduces carbon emissions, and creates high-skill jobs for Atlantic Canadians.
A model of environmental sustainability
Yesterday, Bobby Morrissey, Member of Parliament for Egmont, announced a total non-repayable investment of $2 million to the City of Summerside through ACOA’s Regional Economic Growth through Innovation (REGI) program for the construction of Atlantic Canada’s first Certified Passive Energy Designed Industrial facility. The 16,000 square foot building, located in the Summerside Business Commons EcoPark, will address current demand for research and manufacturing space, and create up to 39 well-paying positions.
The announcement was made on behalf of the Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA.
The Province of Prince Edward Island is providing a further $1 million in grant support through Innovation PEI.
Today’s announcement further demonstrates the Government of Canada’s Budget 2023 commitment to make transformative investments to build Canada’s clean economy, fight climate change, and create new opportunities for Canadian businesses and workers.
Quotes
“Atlantic Canadians are stepping up and doing their part to fight climate change, and creating new opportunities for growth in rural and urban communities. We will continue to make clean technology and green infrastructure a priority to build a cleaner future for all Canadians.”
Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA.
“The City of Summerside is showing municipalities across Canada and around the world how to invest in people and in the future. I am pleased to announce this support for P.E.I.’s first passive energy industrial building, another exciting milestone that will provide economic benefits to residents and businesses for many years to come.”
- Bobby Morrissey, Member of Parliament for Egmont
“The Summerside Ecopark project is a testament of how we can support both economic growth and combatting climate change in Prince Edward Island. Our province set an ambitious goal of reaching net zero by 2040, and this initiative is a positive step forward in that direction.”
- The Honourable Gilles Arsenault, P.E.I. Minister of Economic Development, Innovation and Trade
“We are excited to partner with ACOA and the Province of Prince Edward Island on Summerside's next step forward as a leader in the green economy. This state-of-the-art 16,600 sq ft net zero industrial facility sets a new standard on Prince Edward Island, surpassing all provincial greenhouse gas design targets. Together we are expanding Summerside's clean technology export business, investing in our people, attracting top talent, and reinforcing our position as an environmental leader in a smart, meaningful, and sustainable way.”
- Mayor Dan Kutcher, City of Summerside
Quick facts
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The funding announced today is provided through the Atlantic Canada Opportunities Agency’s (ACOA) Regional Economic Growth through Innovation (REGI) program, which creates the right conditions to start and grow businesses in Atlantic Canada. Through REGI, ACOA is helping businesses and non-profit organizations develop a strong, dynamic and inclusive economy.
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The Summerside Business Commons EcoPark is a newly established, state-of-the-art business location for companies seeking sustainability and efficiency.
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In March 2023, the Public Policy Forum (PPF) published the Atlantic Canada Momentum Index, an evidence-based report revealing that social and economic indicators have been trending up in the region over the last few years, confirming momentum and economic growth in Atlantic Canada.
Associated links
Contacts
Marianne Blondin
Press Secretary
Office of the Minister of Official Languages and of the
Atlantic Canada Opportunities Agency
Marianne.Blondin@acoa-apeca.gc.ca
Sharon McGuigan
Manager of Communications
Atlantic Canada Opportunities Agency
Sharon.McGuigan@acoa-apeca.gc.ca
Vicki Tse
Bilingual Senior Communications Officer
Department of Economic Development, Innovation and Trade
Province of Prince Edward Island
vickitse@gov.pe.ca
Mike Thususka
Director of Economic Development
City of Summerside
mike@summerside.ca
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