Innovation and Development Labour Rebate Program
As a PEI business owner, you may be eligible for a tax rebate equal to 37.5% of eligible salaries and wages.
To qualify, your business must:
- Have a permanent establishment in PEI
- Specialize in the development of new or innovative products, processes or services
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Be in one of the following strategic industry sectors:
- Aerospace
- Biosciences
- Export-focused manufacturing and processing
- Financial services
- Information and communications technology
- Renewable energy
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