Property tax relief available for Island tourism operators
An interest relief program for PEI tourism operators has been modified to help mitigate the effects of the ongoing COVID-19 pandemic.
The Tourism Interest Relief Program will now be expanded to include reimbursements on interest payable for property tax bills until December 31, 2021. In addition, the program will be extended from its initial end date of September 20, 2021 to September 30, 2022.
“Our government understands the hardship that our tourism industry has endured over the course of the COVID-19 pandemic, and we want to ensure that this industry and related industries are supported as we begin our Moving Forward plan for PEI. We look forward to ongoing collaboration with the tourism industry so that we can ensure our beautiful Island is ready to host visitors when the time comes.”
- Finance Minister Darlene Compton
The Department of Economic Growth, Tourism and Culture will continue to manage and process applications through the Tourism Interest Relief Program, and work in partnership with the Department of Finance to identify applicants that are eligible for property tax relief.
“Better, brighter days for the tourism industry are coming, but we know it’s going to take some time and support to get there,” said Minister of Economic Growth, Tourism and Culture Matthew MacKay. “As we move forward in reopening the province to our dearly missed visitors, we remain committed to supporting tourism operators through recovery.”
Department of Finance
Department of Economic Growth, Tourism and Culture