News
September 10, 2009
New Firm sets up in Holman Building
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September 9, 2009
Firm providing remote patient medical monitoring setting up in Summerside
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June 10, 2009
MINISTER CONGRATULATES SUMMERSIDE MAYOR BASIL STEWART
A member of the SRDC Board of Directors has been elected as President of the Canadian Federation of Municipalities (FMC)(more)
June 5, 2009
Prince County benefits from government funds
Millions of government dollars streaming to Summerside will help replace a corroding seawall, fix battered roads and extend the boardwalk.
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Summerside Regional Development Corporation Ltd. ("SRDC"), founded as the Summerside Waterfront Development Corporation, was incorporated in 1971. The Province is the major shareholder with 75% of the shares, followed by the City of Summerside with 15% of the shares and the Greater Summerside Development Inc. (Chamber of Commerce) with 10%. The name change in 1991 was to reflect its expanded role as a regional developer.
The Corporation's general objectives are to enhance the Greater Summerside area as a growing service and tourism centre and to help develop the area as an attractive place to live, work, and establish enterprise. The SRDC continues to pursue these objectives in conjunction with local businesses, groups, associations, and with support from the Provincial and Federal governments.
Mandate
Under their recently completed new mandate, SRDC has adopted the following mandate
“Develop new and under-utilised properties, that advance the economic development goals of Summerside.”
SRDC at a Glance:
-The Summerside Regional Development Corporation was incorporated in 1971.
-The SRDC shareholders are the Province of Prince Edward Island; City of Summerside and the Greater Summerside Chamber of Commerce.
-The Corporation is operated under the direction of a Board of Directors which consists of nine local representatives who are appointed by the shareholders. Day-to-day operations are supervised by the General Manager and management staff.
-The Corporation's board meetings are held every second Tuesday of the month
Board of Directors
The Summerside Regional Development Corporation has a nine member Board of Directors consisting of the following:
-Clare Oates, President
-Chris Palmer, Vice President
-Rick Kennedy, Secretary/Treasurer
-Deborah Steeves, Director
-Blair Dunn, Director
-Garth Lyle, Director
-Rod MacInnis, Director
-Basil Stewart, Director
-John Turner, Director