The Province of PEI is launching new initiatives to further support Island businesses through marketing and export trade efforts, as well as loan assistance for operational needs. The Export Enhancement and Diversification Assistance Program, offered through Innovation PEI, will...
Today, Hon. Rob Lantz, Premier of Prince Edward Island and the Cabinet Committee on Trade Relations, announced the Government of Prince Edward Island’s Tariff Response Plan, outlining the province’s strategy to support businesses impacted by newly implemented U.S. tariffs. “As a...
A financing program has been developed to provide working capital financing to assist Prince Edward Island businesses impacted by the new export tariffs implemented by the United States of America (the “Tariffs”), ensuring they can maintain operations, preserve jobs, and invest in alternative supply chain strategies. This new loan program will assist qualifying companies to maintain normal business operations during these unprecedented times. How much financing is available under this program? Eligible applicants can apply to receive a working capital loan of up to $500,000 with a fixed...
Prince Edward Island tourism operators are once again invited to participate in the Tourism PEI Private Literature Distribution System. This free service allows for the distribution of private tourism business literature (brochures) throughout the province to the provincial...
PEI employers who hire students during summer may qualify for the employee wage subsidy offered through two separate student employment programs: Jobs for Youth Program This program supports students aged 15-29 working 8-12 weeks during summer and students must be returning to school in the Fall. Post-Secondary Student Program Supports full-time post-secondary students working a minimum of 12 to a maximum of 18 weeks during the summer. The exact number of weeks designated per placement will be based on factors such as but not limited to: position, wage, and the likelihood of opportunity for...
The Government of Canada and the Prince Edward Island (PEI) Department of Agriculture are redirecting funds into existing programs that support farmers and agri-businesses in finding new markets and foster innovation. Through existing Sustainable Canadian Agricultural Partnership...
Delivered by The Honourable Dr. Wassim Salamoun Lieutenant Governor of Prince Edward Island Introduction Good Afternoon. Bonjour. Kwe. Speaker of the Legislative Assembly, Members of the Legislative Assembly, invited guests, and fellow Islanders—it is my great honour as the...
The Graduate Mentorship Program is an employment program developed to help employers create long term employment opportunities for unemployed recent post-secondary graduates in their field of study. If you are hiring a recent post-secondary graduate who lacks the work experience necessary for the position, we can subsidize up to 50% of the wages for 52 weeks. An employer receives a temporary wage subsidy to provide mentorship and a valuable work experience for a new employee. At the end of the wage subsidy, the employee should be fully productive and contributing to the success of the business...
The second session of the Sixty-seventh General Assembly of Prince Edward Island opened today with the reading of the Speech from the Throne by His Honour, Dr. Wassim Salamoun, Lieutenant Governor of Prince Edward Island. This marks His Honour’s first Speech from the Throne since...
Employ PEI is an employment program developed to help employers create long term employment opportunities for job seekers. An employer receives a temporary wage subsidy to provide on-the-job training for a new full-time employee. If you are hiring a new employee who lacks the work experience necessary for the position, we can subsidize up to 50% of the wages to a maximum of 20 weeks. At the end of the wage subsidy, the employee should be fully productive and contributing to the success of the business. Who is Eligible to Participate? Eligible employers include: Registered private sector...