Funding and Asset Management
The availability of stable, high‑speed Internet infrastructure is critical for access to essential resources and public services, and to enable economic growth and diversification. The Prince Edward Island Broadband Fund (PEIBF) provides financial...
The Canada Community-Building Fund (CCBF) is a national program, helping PEI communities invest in local infrastructure priorities, including projects for housing growth. CCBF provides predictable and flexible funding across 19 different project...
About the Canada Housing Infrastructure Fund
The Government of Canada’s Budget 2024 provided $6 billion in federal funding over 10 years to establish the Canada Housing Infrastructure Fund (CHIF), consisting of a Direct Delivery Stream ($1 billion, over...
Municipal Financial Statements submitted to Municipal Affairs can be found by searching this database.
What is a financial plan?
A financial plan, which used to be called a budget, must be adopted by all municipalities. The municipal fiscal year runs...
Can municipalities on PEI buy land?
Yes, municipalities can purchase land. To meet legislative acts and regulations keep the following in mind:
The purchase is listed in the municipality’s budget, (MGA s.150)
The purchase is approved by council, (...
Infrastructure Canada-PEI funding programs support major capital projects that improve the quality of life and standard of living for residents in Island communities. The funding agreement allows municipal governments to undertake significant projects...
On August 16, 2018, Canada and the Province entered into a new ten-year funding agreement herein referred to as the Investing in Canada Infrastructure Program (ICIP). Funding will be made available under the following four funding streams as well as...
The Municipal Expenditure Tool was developed by the Infrastructure Secretariat and can assist municipalities with their asset management program.
Effective April 8th, 2025, the PEI Broadband Fund for Communities is under review and will not be accepting applications. Applications submitted prior to April 8th, 2025, will be processed as per the published program guidelines.
The availability of...
What is the PEI Municipal Funding Framework?
The PEI Municipal Funding Framework is a provincial funding program for municipalities. The framework will be implemented over 2 years, beginning April 1, 2025. Pending completion of the Municipal Government...