Our Vision and Goals

To address and meet these challenges, this strategy will focus all our energies on a single compelling vision: A more prosperous and vibrant economy that is able to flexibly adapt to a changing world.

The strategy will focus on our new innovative sectors – bioscience, information technology, aerospace, and renewable energy. These high-knowledge industries have a strong track record and significant potential for further growth in revenues and exports, and offer skilled, well-paid, year-round opportunities for Islanders. And they strengthen and support innovation, productivity, and competitiveness throughout all sectors of our economy.

Our goals are ambitious but achievable. Today, the bioscience, information technology, and aerospace sectors have sales of almost $400 million, and provide about 3,000 jobs. By 2013, we aim to more than double sales to $800 million and to almost double jobs to 5,400 across these three sectors – and to garner national recognition for their dynamism and excellence. In the renewable energy sector, we are pursuing a fourfold increase in generating capacity, making Prince Edward Island a net exporter of green energy – and to capture the benefits of that growth for Islanders.