Charlottetown and our partners are strategically targeting key sectors to drive sustainable growth and prosperity. The sectors below are poised to fuel economic expansion and enhance the city's competitive edge in the global market. Learn more about each sector using the Target Sector Advantages Tool or browsing overviews of each sector below.
Boasting a highly skilled workforce, Charlottetown offers a low-cost, high-value business environment and a world-class training institution. It is also home to Charlottetown Airport, with easy access to significant markets.
The thriving bioscience industry is now one of Charlottetown's most important export-led sectors and is seeing remarkable growth. In 2022, private sector company revenues reached over $600 million, a nearly $250 million increase over 2020, while investment attraction topped $64 million and capital expenditures exceeded $61 million. Currently, the bioscience sector employs 2,200 people and is one of the top three industry contributors to the provincial economy. Thanks to broad-based support from all levels of government and a collaborative, partnership-based approach, the sector is receiving global attention, and entrepreneurs from around the globe are choosing Charlottetown to establish or grow their businesses.
Another successful and burgeoning sector experiencing continued growth is Charlottetown's financial and business services sector, which features established players within network services, shared services, and back offices.
Charlottetown attracts and inspires bright minds within all areas of the thriving ICT, Fintech & Cyber Security industries. The Atlantic Technology Centre in Charlottetown is a proven incubator for up-and-coming businesses. Whether your business is innovating, gaming, healing, or supporting, Charlottetown has everything you need to succeed and bring your product to market quickly and efficiently.
Charlottetown’s tourism industry remains a cornerstone of our economy, and for good reason. This lively harbourside destination offers year-round entertainment, culinary brilliance, and top-tier golf. From intimate meetings to conventions of up to 1,500 at the Delta Prince Edward, Charlottetown's historic charm and hospitality make it a perfect backdrop for memorable events and gatherings.
Connect With Us
Wayne Long
Manager of Economic Growth and Attraction
City of Charlottetown
902.629.4023
[email protected]