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...
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...
Tourism PEI Annual Report for the fiscal year of April 1, 2021 to March 31, 2022.
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...
If you are a new entrant in the lobster fishery in Prince Edward Island, you may be eligible for support through the Future Fisher Program. This program offers training and financial assistance to aid new entrant lobster fishers to become better positioned for success in the PEI lobster fishery. Applications are accepted as a continuous intake and are reviewed first-come, first-served. If the number of applications exceeds budget allocation in a fiscal year, some applications may not receive program funding or will be deferred until the following year. Am I eligible for Future Fisher Funding...
The Tourism PEI Winter/Spring Action Plan is available for reading online.
Annual Report for Finance PEI, Fiscal Year 2021-2022
The province is launching two new supports to help the potato industry and the trucking sector impacted by trade restrictions placed on PEI’s agriculture industry. The Potato Financing Program will assist Island potato farmers impacted by the restrictions of both seed and fresh...