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Welcome to SRDC
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.
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.”