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Prince Edward Island corporate investment tax credit

Q: How much funding can be received?

Prince Edward Island corporate investment tax credit Funds up to 10% of admissible expenses.

Q: Who is eligible for the Prince Edward Island corporate investment tax credit program?

To be eligible for the Prince Edward Island corporate investment tax credit program, you must: Corporation that acquired qualified property Claim to reduce PEI tax payable

Q: Who can I contact for more information about the Prince Edward Island corporate investment tax credit?

You can contact Government of Prince Edward Island (PEI).

Q: Where is the Prince Edward Island corporate investment tax credit available?

The Prince Edward Island corporate investment tax credit program is available the province of Prince Edward Island.

Q: Is the Prince Edward Island corporate investment tax credit a grant, loan, or tax credit?

Prince Edward Island corporate investment tax credit is a Tax Credits

Last Update: March 9, 2026

Prince Edward Island, Canada

Tax credit for corporations acquiring qualified property

Tax Credits

Government of Prince Edward Island

Overview

This program provides a corporate investment tax credit to reduce Prince Edward Island tax payable, with the maximum funding amount not available in the provided information. It supports corporations that acquired qualified property by allowing them to claim the credit through their corporate income tax return.

At a glance

Funding available

Financing goals

Optimize production processes

Renovate your business/factory

Eligible Funding

Up to 10% of project cost

Timeline

Unspecified

Eligible candidates

Eligible Industries

All industries

Location

Prince Edward Island

Legal structures

For-profit business

Annual revenue

All revenue ranges

Organisation size

All organization sizes

Audience

Canadians

Activities funded

Acquisition of qualified property.
Claiming the corporate investment tax credit to reduce Prince Edward Island tax payable.

Documents Needed

Schedule 321 (Prince Edward Island Corporate Investment Tax Credit)
Schedule 5 (Tax Calculation Supplementary – Corporations)

Eligibility

The applicant must be a corporation that has acquired qualified property.
The credit must be claimed to reduce Prince Edward Island tax payable.

Who is eligible?

Corporations that acquired qualified property in Prince Edward Island.

Ineligible Costs and Activities

Partial renouncement of current-year credits is not permitted.

Eligible geographic areas

Prince Edward Island

How to apply

Step 1: Complete tax schedules
- Complete Schedule 321, Prince Edward Island Corporate Investment Tax Credit.
Step 2: File with corporate return
- File Schedule 321 with your corporate income tax return.
- Enter the credit amount claimed on line 530 of Schedule 5 (Tax Calculation Supplementary – Corporations).

Additional information

Unused credits may be carried back up to 3 prior tax years.
Unclaimed credits may be carried forward up to 7 subsequent tax years.
The credit may be renounced only in full for the current year (no partial renouncement).

Apply to this program

Frequently Asked Questions about the Prince Edward Island corporate investment tax credit Program

Here are answers to the most common questions about the Prince Edward Island corporate investment tax credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.