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February 14, 2013
For immediate release

Finance PEI takes form

Innovation and Advanced Learning

Finance PEI encompasses the former PEI Lending Agency and Lending Services, and the Properties division of Innovation PEI, says Minister of Innovation and Advanced Learning Allen Roach.

“As stated in the 2012 Speech from the Throne, the Government of Prince Edward Island is committed to stimulating activity within the private sector in order to continue accelerating our economic growth. By streamlining our financial supports we are better serving growing businesses who are creating jobs and wealth for Islanders,” said Minister Roach.

Finance PEI is a corporation designed to support economic development in Prince Edward Island by providing loans and credit assistance to Island businesses. The creation of Finance PEI has consolidated commercial lending and strategic real property development into one entity. As a crown corporation of the Ministry of Innovation and Advanced Learning, Finance PEI is now the lead financing and strategic infrastructure group for the Government of Prince Edward Island.

Finance PEI will manage two major government portfolios dedicated to economic development. The Strategic Initiatives and Properties division is responsible for all real estate held by Finance PEI and its subsidiary companies including properties, land, business parks and corporate offices. Under the Financing division, Finance PEI will provide counseling services and financing to new and existing businesses that support economic development through job and wealth creation.

For more information about Finance PEI and its role, please visit .

Media Contact: Amber Caseley
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