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Source verified July 18, 2026
Prince Edward Island corporate investment tax credit
Corporate tax credit for PEI property investment
Funding available
Up to 10% of project cost
Deadline
Open continuously
Location
Prince Edward Island, Canada
Who can apply
Corporations that have acquired qualified property after December 31, 1992.
See full eligibility
Overview
Prince Edward Island Corporate Investment Tax Credit supports corporations that have acquired qualified property after December 31, 1992 to reduce Prince Edward Island tax payable. The credit equals 10% of capital cost. It applies to property used primarily in Prince Edward Island for manufacturing or processing goods for sale or lease.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Optimize production processes
- Renovate or expand facilities
Eligible Funding
- Up to 10% of project cost
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
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Acquiring qualified property.
- Using the qualified property in Prince Edward Island primarily for manufacturing or processing goods for sale or lease.
Documents Needed
- One completed copy of Schedule 321, Prince Edward Island Corporate Investment Tax Credit
Official resources
Application form
Eligibility
Who is eligible?
- Corporations that have acquired qualified property after December 31, 1992.
Ineligible Costs and Activities
- Partial renouncement of current-year credits is not permitted.
How to apply
- File one completed copy of Schedule 321, Prince Edward Island Corporate Investment Tax Credit, with your T2 Corporation Income Tax Return.
- Enter the credit claimed on line 530 in Part 2 of Schedule 5.
Additional information
- Use this schedule to show a credit transfer following an amalgamation or wind-up of a subsidiary.
- The schedule can also be used to show credit allocated from a trust or a partnership.
- Corporations that have no taxable income should only fill out columns A, B, and D in Part 1.
Frequently Asked Questions about the Prince Edward Island corporate investment tax credit Program
What is the Prince Edward Island corporate investment tax credit?
Prince Edward Island Corporate Investment Tax Credit supports corporations that have acquired qualified property after December 31, 1992 to reduce Prince Edward Island tax payable. The credit equals 10% of capital cost. It applies to property used primarily in Prince Edward Island for manufacturing or processing goods for sale or lease.
How much funding can be received?
Prince Edward Island corporate investment tax credit Funds up to 10% of admissible expenses.
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:
The corporation must have acquired qualified property after December 31, 1992
The property must be used in Prince Edward Island primarily for manufacturing or processing goods for sale or lease
What expenses are eligible under Prince Edward Island corporate investment tax credit?
Acquiring qualified property.
Using the qualified property in Prince Edward Island primarily for manufacturing or processing goods for sale or lease.
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).
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.
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