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Department of Economic Development, Innovation and Trade

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Department of Economic Development, Innovation and Trade
ministère du Développement économique, de l’Innovation et du Commerce
Department overview
Formed2023; 2 years ago (2023)
JurisdictionPrince Edward Island
Minister responsible
Deputy Minister responsible
  • Stefanie Corbett

The Department of Economic Development, Innovation and Trade (EDIT) (French: ministère du Développement économique, de l’Innovation et du Commerce) is the department of the Government of Prince Edward Island responsible for working to advance a healthy and sustainable Island economy through strategic sector growth, economic expansion and various social enterprise initiatives.

The minister of Economic Development, Innovation and Trade (currently Darlene Compton[1]) is responsible for the department to the General Assembly. While the minister is head of the department, and provides policy/political direction, the day-to-day operations of the department are managed by the deputy minister (currently Stefanie Corbett), who is a public servant.[2]

History

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The Department of Economic Development, Innovation and Trade was created out of the responsibilities of other departments in 2023.[3]

Agencies, Boards and Commissions

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  • Canadian Free Trade Agreement (CFTA): Compliance Panel and Appellate Panel Rosters
  • Canadian Free Trade Agreement: Electricity Transmission Services Roster Panel
  • Innovation PEI Board of Directors
  • Innovation PEI
  • Finance PEI
  • Lucy Maud Montgomery Foundation
  • PEI Arts Guild Inc.

Legislation

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The Department of Economic Development, Innovation and Trade is responsible for a number of laws related to the economy, innovation and provincial investments in Prince Edward Island.[4]

  • Acadian Purchase Trust Act
  • Broadband is an Essential Service Act
  • Fathers of Confederation Buildings Act
  • Finance PEI Act
  • Innovation PEI Act
  • International Interests in Mobile Aircraft Equipment Act
  • Island Investment Development Act
  • Lucy Maud Montgomery Foundation Act
  • Maritime Economic Cooperation Act

References

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  1. ^ Toolkit, Web Experience (2025-02-27). "Premier Rob Lantz announces changes to Cabinet". www.princeedwardisland.ca. Retrieved 2025-05-08.
  2. ^ "About: Economic Development, Innovation and Trade".
  3. ^ "Veterans out, new faces in as P.E.I. Premier Dennis King unveils cabinet".
  4. ^ "Statutes and Regulations".
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