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Progressive Tax Rebate Program
The Progressive Tax Rebate Program, which was announced in the Prince Edward Island Legislative Assembly on December 9,
2004, provides a suite of measures to counter specific structural impediments in the economy. The four individual tax
rebates: promote the development of intellectual property and the production of innovative products and services for
export to the world; assist firms to increase productivity and competitiveness; encourage Islanders to invest in Island
companies; and help attract new expertise to accelerate the Island's participation in emerging, global opportunities.
By focusing on key industrial sectors, the program will create synergies and promote the development of
well-defined educational supports; this is a continuation of the approach that has led to Prince Edward Island's recent
economic advancement. Strategic sectors include:
- aerospace,
- bio-science,
- export-focused manufacturing and processing,
- renewable energy,
- financial services (except with regard to the Share Purchase Tax Credit)
- interactive, information & communication technologies (including film and television).
For more detailed information, please review:
Minister's Introduction [63KB PDF file]
One-page Summary [56KB PDF file]
Detailed User Guide [1044KB PDF file]
One-page Summary [55KB PDF file]
Detailed User Guide [473KB PDF file]
One-page Summary [56KB PDF file]
Detailed User Guide [705KB PDF file]
One-page Summary [56KB PDF file]
Detailed User Guide [564KB PDF file]
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