Tax Credit Municipal

City of Charlottetown Tax Incentive Strategy

City of Charlottetown · Prince Edward Island

Funding amount

Graduated municipal property tax rebate on increased assessment for 5 years (90%, 75%, 60%, 45%, 30%)

Application difficulty

High

Typical timeline

Varies; benefit begins the first full calendar year after construction is completed

How to apply

Pdf Form

📋 About this program

Municipal tax incentive for eligible Charlottetown commercial redevelopment, targeted sector construction, and certain relocations to conforming-use sites. It temporarily suspends the municipal tax increase created by a qualifying project on a declining schedule over five years.

✅ Who qualifies

Eligible sectors

ConstructionManufacturingTechnology

Business stage

GrowingEstablished

Eligible uses

ExpansionEquipment

🚀 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: building permit, proof property taxes are paid, assessment increase documentation, city approvals and licences.
Submit your application — Apply at the official portal →

💡 Tips & notes

Status based on current city policy PDF. Includes targeted sectors such as biotechnology, financial services, IT, aerospace and advanced manufacturing, plus eligible downtown commercial redevelopment. Residential and many government-owned properties are excluded.

Apply at official portal →

Not affiliated with City of Charlottetown. Always verify eligibility directly with the funding body.

Program details

Status Active

Type Tax Credit

Level Municipal

Amount Graduated municipal property tax rebate on increased assessment for 5 years (90%, 75%, 60%, 45%, 30%)

Administered by City of Charlottetown

Application Pdf Form

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