Hon. Dennis King, Premier of Prince Edward Island issued the following statement on Small Business Week: “This week, we recognize and thank small businesses across our province for the economic and social contributions they make to our Island every day. Many of our communities...
New changes to the Basic Personal Amount and Business Tax Credit will provide more tax relief to Islanders and Island businesses. In Budget 2018 the Basic amount was raised by an additional $500 bringing the total to $8,660. Now, government is again raising the amount by $500...
A new funding program is available for tourism businesses to invest in ways that will help extend the tourism season on Prince Edward Island. The Tourism – Seasonal Extension Program will provide a grant for tourism operators that meet the eligibility requirements. Funding will...
MacDougall Steel Erectors is optimistic about what the new Canada Free Trade Agreement will mean for the company. The agreement (CFTA) promises to benefit MacDougall Steel which – although based in the Borden-Carleton area – does much of its business off Island, especially in...
Companies that sell pesticides must have a pesticide vendor business licence. Two types of licences are available, depending on the class of pesticide sold: Domestic vendor business licence is required if the store sells or supplies a controlled purchase domestic pesticide (i.e...
Creating jobs for Islanders - Mohammed Moin remembers the brush with illness that set him on a path to founding bioscience company Somru BioActives. “I was in my last year in high school - at home in Bangladesh - when my father became seriously ill with esophageal cancer,” Moin...
Applications are now open for Innovation PEI’s 2021 Ignition Fund competition, which offers up to $25,000 to launch or expand a business in Prince Edward Island. Chelsey Lake of Lake Designs, a previous recipient of the Ignition Fund, says the fund was instrumental in allowing...
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...