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PEI Tariff Impact Relief Fund
Temporary Innovation PEI fund ($2.5 million) providing conditionally non-repayable grants of up to 50% of eligible project costs, to a maximum of $50,000, to help PEI businesses respond to U.S. tariffs, Canadian counter tariffs, and related trade disruptions by diversifying markets, increasing productivity and automation, optimizing supply chains, and reducing trade uncertainty. Open until March 31, 2027; projects must be completed by September 30, 2027. Combined non-repayable government funding capped at 90%.
Overview
Temporary Innovation PEI fund ($2.5 million) providing conditionally non-repayable grants of up to 50% of eligible project costs, to a maximum of $50,000, to help PEI businesses respond to U.S. tariffs, Canadian counter tariffs, and related trade disruptions by diversifying markets, increasing productivity and automation, optimizing supply chains, and reducing trade uncertainty. Open until March 31, 2027; projects must be completed by September 30, 2027. Combined non-repayable government funding capped at 90%.
Key numbers
| Item | Value |
|---|---|
| Instrument | grant (conditionally non-repayable) |
| Level | provincial |
| Region | Prince Edward Island |
| Administrator | Innovation PEI |
| Cost share | 50% |
| Max per project | $50,000 |
| Budget | $2,500,000 |
| Total gov stacking cap | 90% |
| Deadline | 2027-03-31 |
| Intake status | Open until 2027-03-31 subject to funding; applications opened 2026-09-03 11:30 ADT; first-come, first-served; projects completed by 2027-09-30 |
| Non-US bias | Market diversification, interprovincial trade development, and reduced reliance on the US |
Eligibility
Must demonstrate significant direct or indirect tariff impact (e.g., Section 338 duties, Canadian counter-tariffs)
Priority to businesses with direct impacts tied to U.S. Section 338 duties and Canadian counter-tariffs; significant indirect impacts can qualify with evidence
Application must be submitted before any financial or legal commitment is made on the project
What it covers
Market diversification and intelligence
entering new export markets, developing new customers and supply chains, market research and business development initiatives, assessing tariff impacts and market opportunities
Productivity and automation investments
Supply-chain optimization
Specialized equipment and technology, product modifications, certifications, and outside expertise
Interprovincial trade development
Market and diversification rules
Conditionally non-repayable grant up to 50% of eligible project costs, maximum $50,000
Combined funding from all non-repayable government sources cannot exceed 90% of eligible project costs
Eligible costs must be purchases from third-party, unaffiliated, arms-length vendors
Projects eligible for this fund are not eligible for other Innovation PEI financial assistance programs
How to apply
Document tariff exposure (sales and export data, HS codes, financial statements, project budget, timeline)
Define one practical response project tied to the tariff impact
Submit the application before committing to project costs
Submit the final Request for Payment to Innovation PEI within 60 days after the project end date
Stacking notes
90% total non-repayable government stacking cap per project
The project is not eligible to access other Innovation PEI financial assistance programs
Notes
Temporary fund expected to remain open until March 31, 2027, subject to available funding
Projects must be completed within six months of the program closing date (September 30, 2027)
Applications handled first-come, first-served; meeting rules does not guarantee funding
Part of the province's updated August 2026 Tariff Action Plan
Relevant services
The services below are grant-eligible: CanExport and EDC reimburse up to 50% for incorporated Canadian exporters.
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Grant programs can reimburse up to 50% of eligible market-entry costs. In one free call we tell you honestly whether your product fits a non-US market.
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