New Economic Development Organization For Eastern PEI

* Economic Development [to Jul 1998]
A fresh start is being made in organized economic development in Eastern Prince Edward Island. A new organization called Active Communities Inc. has been formed as the result of a review undertaken by the executive of Opportunities East Inc. (OEI) and representatives of the federal and provincial governments in November, 1997.

Active Communities Inc. has replaced OEI and will be led by a new, five-person Board of Directors. The four members named so far are Jack Campbell, Chair of the Board, Marguerite Arsenault, Martinus Rose, and Alan MacPhee.

"We are looking forward to working with the many communities and organizations of Eastern PEI to find ways to further the economic development of the region," said Mr. Campbell.

The board of Active Communities Inc. will determine what direction this organization will take, and how it will function in working to meet its mandate of community economic development in Eastern Prince Edward Island.

"Active Communities Inc. and its Board of Directors has an important role to play in the economic development of Eastern Prince Edward Island, and I have every confidence that they are up to the challenge," said Dan Fenety, Vice President of ACOA, PEI.

Over the next year, the new Board is expected to establish the structure of the organization and identify and undertake economic development activities in Eastern PEI. In doing so, the Board will consider recommendations of the Transition Team formed late last year, which was composed of representatives of the OEI Board of Directors, the provincial department of Economic Development and Tourism, and the Atlantic Canada Opportunities Agency.

"The transition team has looked at the recent history of economic development in Eastern Prince Edward Island, and supports the formation of a new board," said the Honourable Wes MacAleer, Minister of Economic Development and Tourism. "Recommendations of the transition team are based on the work and experiences of the outgoing board members, and will provide a strong starting point for the new board to work from."

"Development of Eastern PEI presents both challenges and exciting opportunities for this new organization and its board," said Barney Bree, outgoing Chair of the OEI Board of Directors. "I'm sure the members will meet those challenges with great success, building on OEI's past efforts."

The contributions of the outgoing volunteer board members were recognized at a meeting which was held on February 17, 1998.

There are four community economic development corporations (CEDCs) in Prince Edward Island, all of which receive operational funding support from the Atlantic Canada Opportunities Agency and the Prince Edward Island Department of Economic Development and Tourism.

All four CEDCs work in rural areas of the Island with a goal of furthering the economic development of those areas. This goal is attained through the provision of assistance to communities in planning and implementing development projects and through loans and counselling to small businesses.

Media Contact: Ann Stanley