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payable loans, equity participation or combinations thereof. Training-related incentives, such as in the form of subsidized wages, are also commonly offered in the region. This publication, and those which will follow in the coming months, is intended to provide a general introduction for people who are interested in con- ducting business in this region. Over the next few months, we will provide an overview of such areas as construction, environmental law, marine law, matters of particular interest to owner-managed businesses, securities, mergers and acquisitions, business disputes, insurance, IP and technology law, labour and employ- ment law, property law, consumer claims and class ac- tions, insolvency law, tax law, estates and trusts and life and disability insurance. The Atlantic provinces are open for business and provide many incentives to locate in the region. Our publications will not purport to be an ex- Prince Edward Island's main industries are agri- culture, tourism, fi shing and forestry. Open for business There are numerous reasons to invest in Atlantic Canada including low costs, advanced technologic- al and transportation infrastructures, a highly edu- cated workforce, competitive and reliable energy supplies, geographical location and an excellent quality of life. The Atlantic provinces are open for business and provide many incentives for entrepreneurs or businesses to locate in the region. Some incentives are targeted at specifi c economic sectors, such as manufacturing, processing and certain service sec- tors. The federal government also provides support through the Atlantic Canada Opportunities Agency (www.acoa.ca). Many of the incentives available in Atlantic Can- ada take the form of forgivable loans, interest-free re- haustive study of all legal issues. Business practices and laws can change on short notice, the result be- ing that the information contained in this publication may not necessarily remain accurate. For reader con- venience, electronic versions of this guide may also contain links to third party sites. While these links were correct at the time of publication, internet sites (and information contained at those sites) change from time to time and we cannot be responsible for the content of such sites. Readers are advised not to rely on this publica- tion in planning any specifi c business or other trans- actions. In such circumstances, the advice of qualifi ed legal counsel should be obtained. For further information or legal assistance, we welcome you to contact us or visit our web site at www.smss.com. Maureen E. Ryan St. John's, NL 709.570.8880 mryan@smss.com DOING BUSINESS IN ATLANTIC CANADA SPRING 2011 3