Community Economic Development Business
The Community Economic Development Business (CEDB) program has been created as part of the Prince Edward Island Rural Action Plan to support local investment in innovative Prince Edward Island businesses.
The program is coordinated by the Department of Finance and Municipal Affairs under the Community Development Equity Tax Credit Act and its regulations. Its objective is to facilitate local investment in Prince Edward Island businesses, with the ultimate aim of stimulating rural community development.
The Community Economic Development Business program is a made-in-PEI initiative designed to achieve similar objectives to the Nova Scotia Community Economic Development Investment Funds.
Local investors in Community Economic Development Businesses will receive relatively generous personal income tax credits for their commitment to local community investment. An investment is eligible for RRSP tax deductibility. The total cost to provincial government will depend on the success of local entrepreneurs in establishing community economic development businesses as well as local community investment interest.
PEI Community Development Equity Tax Credit Information Guide [PDF File]
To apply for registration as a CEDB, please complete the fillable form below
Equity Tax Credit Application
Printable version of this form [115 KB PDF File]
PEI Securities Office