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+ Olfactive Advantages
After extensive research and reviewing a variety of locations across Canada,Olfactive decided that Charlottetown, Prince Edward Island offered the best environment in which to conduct its business.
Recent KPMG data showed that the cost of doing business on PEI is among the lowest in Canada. PEI offers better economic advantages than any other province. It has the lowest tax environment; a low-cost / highly skilled labor pool; strong institutional research facilities; and an extremely supportive provincial government. With all of these advantages being passed along to our trading partners, Olfactive is providing the very best value equation in any product class across any category.
Another advantage that is quite unique to Olfactive is the diversity of skill sets of its management. Knowledge is key to this industry and having management that has been exposed to practices of other companies allows us to pass along successful approaches to our clients – information that comes hot off the R&D press in raw materials and market direction.
Further, PEI is aggressively investing in establishing and growing a “bio-cluster” as a means to attract other science-based companies to the province and Olfactive, considered to be at the epicentre of this initiative, has a chair on the responsible board. The bio-cluster, including the University of Prince Edward Island and National Research Council of Canada (specializing in natural health solutions), will offer
additional research and developmental advantages to our trading partners.
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