🏠 | Prince Edward Island | Advanced Marine Technology Tax Rebate

Advanced Marine Technology Tax Rebate

Maurice
By Maurice | May 1, 2025

Amount:

no fixed amount

Type:

Rebate

Description:

The Advanced Marine Technology (AMT) tax rebate is a new support that has been modeled from the success of the aerospace industry on Prince Edward Island. In less than 5 years, PEI has gone from limited advanced marine technology activity with sales under $5 million to a growing sector with staffing numbers close to 200 and sales over $100 million.

Deadline:

Continuous Intake

Eligibility:

Applicants must be:

1. New and existing advanced marine technology company in Prince Edward Island
2. AMT companies that have a minimum of 15 PEI staff and a minimum payroll of $700,000 per annum
3. Working within the AMT sector and exporting from PEI

Application Steps:

Applicants must contact Doug MacDonald.

Telephone: (902) 368-6300
Facsimile: (902) 368-6301
Toll-free: 1-800-563-3734
Email: business@gov.pe.ca

Documentation Needed:

No specific documentation has been identified.

Web Page:

https://www.princeedwardisland.ca/en/information/innovation-pei/advanced-marine-technology-tax-rebate
Maurice

About the author

Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.