The role of the board of directors is to provide strategic direction to Finance PEI as the lead financing group for the Province of Prince Edward Island as legislated in the Finance PEI Act. Who serves on the Board? The board includes six representatives of the private sector...
The Farmland Financing is available to eligible farmers; new and expanding or those involved in farmland succession within PEI. Finance PEI will provide two financing streams of which a farmer is eligible to apply under only one. Term loan to finance up to 90% - 100% of the...
Annual Report for Finance PEI, Fiscal Year 2021-2022
Fiscal Economic Impact of Finance PEI and Island Investment Development Inc Supported Firms 2016
Prepared by: Grant Thonton LLP
Island residents adding energy efficiency upgrades to their home may be eligible to borrow up to $10,000 from the provincial government to help finance the cost. The Energy Efficiency Loan Program is available to a registered owner of a year-round residential property and where the project has been pre-approved by efficiencyPEI. The loan may assist with purchasing efficient equipment such as a new furnace or heat pump or it may help with the cost of upgrades to the building envelope, i.e. new windows or air sealing. Finance PEI must approve the loan before any work begins on the project. The...
Today, Government is deferring all loan payments with clients of Finance PEI, Island Investment Development Inc., and PEI Century Fund for the month of October due to the impacts of Hurricane Fiona. “Hurricane Fiona has caused significant disruption for may industries across...
The Entrepreneur Loan Program is an initiative of the Province of Prince Edward Island designed to help make financing available for the purpose of: helping new businesses get started and established firms make improvements and expand; to improve access to loans that would not...
Prepared by Grant Thornton LLP
Island entrepreneurs are experiencing rapid growth and great success as participants in the province’s new micro-loan program, says Minister Heath MacDonald, Economic Development and Tourism. “Today I had the opportunity to meet with two young entrepreneurs who took advantage of...