PEI-based businesses affected by export tariffs (verified through financial records and trade data)
Services
PEI Tariff Working Capital Assistance
Finance PEI working-capital loan program ($10 million envelope) for PEI businesses impacted by U.S. export tariffs, providing loans of up to $500,000 at a fixed rate of 4% per annum over a 7-year term, with interest-only payments for the first 24 months and principal repaid over the remaining 5 years. Run until all funding is allocated or March 31, 2027.
Overview
Finance PEI working-capital loan program ($10 million envelope) for PEI businesses impacted by U.S. export tariffs, providing loans of up to $500,000 at a fixed rate of 4% per annum over a 7-year term, with interest-only payments for the first 24 months and principal repaid over the remaining 5 years. Run until all funding is allocated or March 31, 2027.
Key numbers
| Item | Value |
|---|---|
| Instrument | loan |
| Level | provincial |
| Region | Prince Edward Island |
| Administrator | Finance PEI |
| Max per project | $500,000 |
| Budget | $10,000,000 |
| Deadline | 2027-03-31 |
| Intake status | Open until all funding is allocated or 2027-03-31, whichever comes first |
| Non-US bias | Working capital for tariff-impacted exporters; supports alternative supply-chain strategies |
Eligibility
Manufacturers, processors, producers, and distributors significantly impacted by the export tariffs
Must demonstrate direct tariff impact (e.g., increased supply chain costs)
Any PEI registered business involved in export activities impacted by tariffs
Satisfactory credit rating and no defaulted outstanding debt on the Province's Central Default Registry
What it covers
Working capital to assist with fixed operating costs
Maintaining operations and preserving jobs during tariff disruption
Investment in alternative supply-chain strategies
Market and diversification rules
Loan up to $500,000 at a fixed rate of 4% per annum
7-year term
interest-only for the first 24 months, then structured principal payments over 5 years
How to apply
Complete the Tariff Working Capital Assistance Program application form
Submit the application and supporting documentation to Finance PEI by email (financepei@gov.pe.ca)
Provide financial statements (most recent year end and interim), intended use of loan proceeds, and statement of personal financial affairs from applicable shareholders
Successful applicants receive a Letter of Offer outlining loan terms and conditions
Notes
Program first set up in March 2025; updated August 2026 with repayment term extended from 6 to 7 years and interest-only period doubled from 1 to 2 years
Contact Finance PEI at 902-368-6200
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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