The Prince Edward Island government has put up $1.25 million over three years to help rural businesses and agencies hire additional staff, including businesses in ag-related processing.
The rural jobs initiative, announced Tuesday, is aimed at the creation of jobs in support of innovation, technological adaptation and sustainable diversification, Rural Development Minister Allan Campbell said in a release.
The fund is also meant to help workers make the transition from industries that are downsizing, and to target those industries that are hit hardest by the loss of skilled tradespeople.
Businesses involved in the processing of natural products, such as agriculture, seafood and forest products, and those involved in sectors such as energy, aerospace, biosciences, information technology, tourism, crafts and construction and other trades will be eligible for a wage subsidy, the province said.
The initiative will also help non-governmental organizations that focus on rural economic development and rural resources to strengthen their operations.