Today, the Province of Prince Edward Island announced additional investments to ensure no Islander is left behind as a result of COVID-19. “Islanders have come together, finding new ways of helping each other, staying connected and building community spirit during this difficult...
What is a Coastal Hazard Assessment (CHA)? A Coastal Hazard Assessment (CHA) is a free service that provides a summary of potential erosion and flood hazards associated with a coastal property. The CHA is intended to provide guidance for current and prospective property owners who want to be aware of the potential impacts of coastal hazards as they buy, sell, develop, and/or maintain a given property. Who can request a Coastal Hazard Assessment? Anyone can request a CHA for any coastal property on PEI. If you are the owner of a waterfront property, or are thinking about purchasing a coastal...
A funding program has been developed by the Province of PEI to support the PEI Tourism Operators through a joint partnership of Finance PEI and Tourism PEI. This new program will provide funding in the form of a repayable loan to qualified applicants. Interest payments on loans approved through this program will qualify for interest relief (interest payment made behalf of the client) from Tourism PEI for a period of 18 months with Finance PEI offering principal deferrals to match the same 18 month period. The total obligation of the Government of Prince Edward Island under this Tourism...
Today, Finance Minister Darlene Compton provided an update to the province’s financial and economic position. Since government announced initial financial supports for Islanders in response to COVID-19, more than 30,000 applications for individual support and 2,000 applications...
Today, the Province of Prince Edward Island announced enhanced employment and economic opportunities for Island students impacted by COVID-19. In total, the Province will support the creation of 1,000 new job placements for Island high school and post-secondary students through...
Today, Minister of Fisheries and Communities Jamie Fox provided an update on provincial efforts to support the Island’s commercial fishing industry and the province’s decision to extend the deadline for jobs for youth. The commercial fishing industry is federally regulated and...
Today, the Province of Prince Edward Island announced initial supports for the Island’s tourism industry in response to the COVID-19 public health emergency. Initiatives include new financing options, interest relief, and additional funding for marketing. In total, up to $66...