Monday, December 26, 2016

What economic resources would PEI bring to a Maritime Union?

A Maritime Union of Prince Edward Island, Nova Scotia, and New Brunswick has been long discussed, but has yet to come to fruition.  If a Maritime Union were to exist, Prince Edward Island would contribute economically with a variety of resources.  Historically, the economy of Prince Edward Island has relied on farming and fishing.  Farming and fishing are still important industries in PEI.  Almost all of the island's soil is rich, making it ideal for...

A Maritime Union of Prince Edward Island, Nova Scotia, and New Brunswick has been long discussed, but has yet to come to fruition.  If a Maritime Union were to exist, Prince Edward Island would contribute economically with a variety of resources.  Historically, the economy of Prince Edward Island has relied on farming and fishing.  Farming and fishing are still important industries in PEI.  Almost all of the island's soil is rich, making it ideal for farming.  Potatoes are a common crop grown in PEI.  Other vegetables and grains also grow well on the island.  Dairy and cattle farms flourish there.  The commercial fishing industry is important in Prince Edward Island, except during the winter months.  Lobster, scallops, mackerel, crabs, and mussels are among some of the types of seafood that are produced through the commercial fishing industry.  Tourism is another important industry in PEI, and it provides a significant revenue stream.  The picturesque scenery, historical sites, and popular attractions in places such as Cavendish draw in tourists from all over the world.  The island is popular among tourists from Asia who enjoy the Anne of Green Gables books.  Wind energy is a more recent natural resource in Prince Edward Island.  The location of the island and the proximity of a large portion of the land to the water makes the production of wind energy ideal.


In a Maritime Union, Prince Edward Island would contribute seafood, crops, and energy from wind energy resources to the region.  It would also draw tourists to the region.


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