Tax Credit Federal

Atlantic investment tax credit

Canada Revenue Agency · Prince Edward Island

Funding amount

10% tax credit on eligible investments in Atlantic Canada and the Atlantic Region

Application difficulty

Medium

Typical timeline

Claimed with tax return

How to apply

Online Portal

📋 About this program

A federal investment tax credit for certain investments in new buildings and new machinery and equipment used in Atlantic Canada. It can help PEI businesses reduce corporate tax payable when making qualifying capital investments.

✅ Who qualifies

Eligible sectors

AgricultureAquaculture FisheriesFood BeverageManufacturing

Business stage

StartupGrowingEstablished

Eligible uses

EquipmentExpansion

🚀 How to apply

Check your eligibility — Review the requirements above, or use FundNavigator's free AI matcher to confirm this program is a fit for your business before spending time on the application.
Prepare your documents — Common requirements include: tax return schedules, asset purchase records, supporting tax documentation.
Submit your application — Apply at the official portal →

💡 Tips & notes

Tax treatment and recapture rules can be technical; many businesses will want accountant review.

Apply at official portal →

Not affiliated with Canada Revenue Agency. Always verify eligibility directly with the funding body.

Program details

Status Active

Type Tax Credit

Level Federal

Amount 10% tax credit on eligible investments in Atlantic Canada and the Atlantic Region

Administered by Canada Revenue Agency

Application Online Portal

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