Tax Credits Available to Prince Edward Island Businesses
A business tax credit in Prince Edward Island (PEI) is a government incentive that reduces the amount of provincial or federal tax a business owes. These credits are often designed to encourage specific business activities—like investment, innovation, or hiring—that contribute to economic growth in the province. Unlike grants or loans, tax credits typically apply when…
Loans Available to Prince Edward Island Businesses
Affordable Housing Development Program Maurice Amount: $55,000 Type of Program: Loan Description: The Affordable Housing Development Program (AHDP) supports the construction of affordable residential units to increase the availability of rental units for those in core housing need. Comments on Funding: Funding is in the form of forgivable loans of $55,000 per unit.Loan forgiveness period…