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Regional economic advisory councils seek members
As one of the first chairs of the province’s new regional economic advisory councils, Jason Ramsay will have the chance to work with others who share his passion for helping his community succeed. Ramsay, who will chair the West Regional Economic Advisory Council, is one of four...
Working to make work safer
Sandy MacKay realized early that he wanted to dedicate his life to the safety of others. Shortly after his 44-year-old father died of a heart attack at Brookvale Ski Park, 16-year-old Sandy joined the ski patrol. Later, as a young emergency medical technician, his first call was...
Real Property Transfer Tax Exemptions
This section provides information on real property transfer situations where Real Property Transfer Tax will be waived. Are there any Real Property Transfer Tax Exemptions? Real Property Transfer Tax exemptions include: Real Property Transfer Tax Low-Cost Exemption Real Property...
Real Property Transfer Tax Rate
This section provides information on the Real Property Transfer Tax rate in the Province of Prince Edward Island. What is the rate of Real Property Transfer Tax? The rate of Real Property Transfer Tax is 1% of the greater of: the purchase price of the real property; or the...
Real Property Transfer Tax First-Time Home Buyers Exemption
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the real property is being purchased by first-time home buyers. What is the Real Property Transfer Tax first-time home buyers exemption? Real Property Transfer Tax that normally...
Real Property Transfer Tax Low-Cost Real Property Exemption
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the real property is transferred at a cost that does not exceed $30,000. What is the Real Property Transfer Tax low-cost real property exemption? Real Property Transfer Tax that...
Real Property Transfer Tax Inter-family Transfer Exemption
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the recipient(s) of the real property are all members of the family of the person making the transfer of real property. What is the Real Property Transfer Tax inter-family transfer...
Real Property Transfer Tax Marriage Breakdown Exemption
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the transfer of real property is as a result of a marriage breakdown. What is the Real Property Transfer Tax marriage breakdown exemption? Real Property Transfer Tax that normally...
Real Property Transfer Tax Wholly Owned Corporation Exemption
This section provides information on eligibility for a waiver of Real Property Transfer Tax where a person transfers real property to a corporation that the person wholly owns; or a corporation transfers real property to another corporation and both corporations are wholly owned...