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Prince Edward Island corporate investment tax credit

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: 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

Q: Who are the financial supporters of the Prince Edward Island corporate investment tax credit?

Prince Edward Island corporate investment tax credit is funded by Government of PEI

Last Update: February 26, 2026

PE, Canada

Tax credit for corporations acquiring qualified property

Tax Credits

At a glance

Funding available

Financing goals

No objectives are currently available

Eligible Funding

No Condition

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

All groups

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.

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.