A report released Monday by APEC, the Atlantic Provinces Economic Council, focuses on major projects in the region — and it says PEI will see strong investment growth in 2018.
In PEI specifically, APEC has identified 56 projects totalling $2.1 billion. That’s up 39% over last year, largely due to the addition of new 10-year federal infrastructure programs.
Major project spending in 2018 is up 23% in PEI to $396 million. That’s led by water and wastewater projects, school upgrades and transportation spending, including the TCH extension project at Cornwall.