[O’Leary, PEI]– O’Leary Produce is receiving enhancements to their equipment thanks in part to investments made by the federal and provincial (Prince Edward Island) governments.
On hand for the announcement of Atlantic Canada Opportunities Agency funds, Gail Shea, minister of National Revenue, said, “Key investments made to small and medium-sized businesses like this support job creation and help stimulate economic prosperity in Atlantic Canada.”
The Government of Canada, through ACOA, has invested $133,000 to support the upgrades. The Government of Prince Edward Island, through the Department of Agriculture and Forestry, invested an additional $30,000.
“Our investment, through the Agriculture Innovation Program, helps provide the necessary equipment upgrade for the O’Leary Produce Company to meet its business needs,” said George Webster, PEI’s Minister of Agriculture and Forestry.
“Innovation remains an important part of the province’s agriculture community.”
Hilton Shea, owner of O’Leary Produce, said, “The partnership between both levels of government and the industry is very important. Through these interest-free loans companies like us have to capabilities to grow and expand which in turn helps strengthen the local economy.”