Federal funding supports four Indigenous-led organizations pursuing sustainable economic opportunities
October 22, 2026 · Charlottetown, Prince Edward Island · Atlantic Canada Opportunities Agency (ACOA)
Strong Indigenous businesses, organizations and communities contribute to a more inclusive and resilient economy. Investments in Indigenous-led economic development, innovation and community capacity help create opportunities for sustainable growth and long-term prosperity across Atlantic Canada.
Today, Bobby Morrissey, Member of Parliament for Egmont, along with Kent MacDonald, Member of Parliament for Cardigan announced $309,000 in federal support for four Indigenous-led organizations in Prince Edward Island.
These investments will help organizations build capacity, enhance visitor experiences, support research and development activities, and create new opportunities for sustainable economic growth.
Today's announcement supports the following projects:
- $100,000 for L'nu Energy Inc. to acquire specialized equipment, including a photovoltaic solar array, diesel generator, and fabrication equipment. The investment will support research and development activities, strengthen business growth, and advance the company's work in renewable energy and innovation.
- $92,500 for Abegweit First Nation to develop a community-driven economic development plan for 2026-2031. The plan will help establish priorities, goals, and actions that support sustainable economic development, effective governance, organizational capacity, and community well-being, while providing a roadmap to guide future growth and investment initiatives.
- $86,500 for the Indigenous Tourism Association of Prince Edward Island to further develop Indigenous tourism products and experiences across Epekwitk. The investment will enhance visitor experiences, provide training opportunities, support Indigenous artisans, and strengthen strategic partnerships at the local, regional, and national levels.
- $30,000 for Lennox Island First Nation to develop a tourism growth plan addressing barriers such as human resource capacity and succession planning, while identifying ways to build on existing assets and generate revenue from tourism experiences. The investment will support new opportunities for cultural tourism, partnerships, employment and economic development in the community.
Today's announcement demonstrates the Government of Canada's commitment to supporting Indigenous-led economic development and advancing economic reconciliation to build a stronger, more inclusive economy.
The announcement was made on behalf of the Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency.
