Financial Help for PEI Residents & Organizations

Government of PEI – Families & Housing

Children’s Wellness Tax Credit 2021

Childcare Subsidy Program – This provincial program is designed to assist Island parents with the cost of childcare and daycare services. The program includes children up to the age of 12. Click here for details.

For more information on childcare subsidies, call 902-368-6470. 

For more information on childcare spaces, call 902-438-4130 or email [email protected].

Seniors Independence Initiative– This program provides practical services to support the independence of seniors. Click here for details.

For more information, call toll-free 1-877-569-0546 or email [email protected]

Grandparents parenting their grandchildren and supports for children – This guide lists the various financial, health and community supports available to grandparents who are the sole care providers to their grandchildren. Click here for details.

For more information, call toll-free 1-877-341-3101 or email [email protected] 

The guide was produced with the assistance of Community Legal Information. Visit https://legalinfopei.ca

Housing Action Plan – The website Home Together – Affordable Housing on PEI shares the latest news on the province’s housing developments and listings for affordable housing supports for individuals, seniors and families, community housing and community shelters. Click here for details.

Another feature is finding help for your home, such as down payment assistance, home renovation, and energy efficiency rebate. Click here for details.

Private developers can find information on low-cost loans and other funding here.

For more information, call 902-368-5770 or email [email protected].

New investments through the Housing Action Plan

Province supports CMHA PEI housing initiatives

New affordable housing in western PEI

New Housing for Seniors in Summerside

New Supportive Housing in Charlottetown

Stratford residents get behind affordable housing project

Province invests in Habitat for Humanity Homes

Renters’ Rights

Tenant Support Centre – Community Legal Information (CLI) www.rentingpei.ca

New guide for PEI renters provides legal information in plain language

Office of the Director of Residential Rental Property www.irac.pe.ca/rental

Canada Mortgage and Housing Corporation www.cmhc-schl.gc.ca/en/rental-housing

Governments of Canada and PEI Reach a 10-year Housing Agreement

Government of PEI – Consumer Information

Consumer Services – This division of the PEI Department of Justice and Public Safety handles consumers’ complaints and informs them of their rights and responsibilities regarding collection agencies, payday loans and more. Click here for details.

Filing a complaint with Securities – If you have serious concerns about the way your investments have been handled, a company you have invested in, or believe securities law has been breached by a company or individual, you can make a formal complaint to the Prince Edward Island Office of the Superintendent of Securities. Click here for details.

Government of Canada – Consumer Protection

Canadian Anti-Fraud Centre – This agency collects information on such matters as mass marketing fraud (e.g., telemarketing), advance fee fraud (e.g., West African letters), Internet fraud, and identity theft complaints. Click here for details.

Government of PEI – Skills PEI

SkillsPEI offers programs and services for job seekers, employers, and organizations.  SkillsPEI provides assistance to unemployed individuals who are eligible for Employment Insurance (EI) and individuals who are non-EI eligible to prepare for and find employment.

Programs for job seekers:  Training PEI, Career Connect, Employ PEI, Self Employ PEI, Work Experience PEI, Graduate Mentorship program

Programs for older workers:  Passport to Employment

Programs for employers:  Employ PEI, Workplace Skills Training, Graduate Mentorship program

Call SkillsPEI’s General Inquiries Line at 1-877-491-4766 or visit one of the offices below:

Atlantic Technology Centre, Suite 212, Charlottetown| 902-368-6290
Provincial Building, Montague| 902-838-0674
Future Tech West, O’Leary| 902-859-8898
Access PEI, Summerside| 902-438-4151
Access PEI-Wellington Outreach Site,
Access PEI-Souris Outreach Site, 15 Green Street, Souris

For more information, visit www.skillspei.com.

Funded by the Department of Economic Growth, Tourism and Culture through the Canada-PEI labour market agreements.

Government of PEI – Employment Standards

Employment Standards on PEI – Workers’ rights are protected under employment legislation on PEI. The Employment Standards Act, Youth Employment Act and other labour laws clarify the rights and obligations of employees and employers and set minimum standards to ensure individuals are treated fairly in the workplace. Click here for more information.

Government of Canada – Workers’ rights & information

Wage Earner Protection Program – This program provides timely payment of eligible wages owing to workers whose employer has gone bankrupt or become subject to receivership. Eligible wages under the Program include salaries, commissions, vacation, termination and severance pay. Click here for details.

Workplace financial literacy – Workplaces that offer financial education help their employees cope with a major source of stress, leading to happier and more productive employees. Click here for details.

Canada Benefit Finder – A short survey to connect you to the federal and provincial benefits you may be entitled to. Click here for details.

Government grants, subsidies & tax credits for PEI businesses- 2021

2021 Funding Directory– a summary of available government grants, subsidies, and tax credits for PEI businesses. Presented by the Greater Charlottetown Area Chamber of Commerce, click here.

Wage subsidies for PEI Companies

Business Benefit Finder Are high wage expectations making you reluctant to put up that Help Wanted sign? A wage subsidy program can put the perfect employee within your reach. Click here

Skills PEI

SkillsPEI offers programs and services for job seekers, employers, and organizations.  SkillsPEI provides assistance to unemployed individuals who are eligible for Employment Insurance (EI) and individuals who are non-EI eligible to prepare for and find employment.

Programs for job seekers:  Training PEI, Career Connect, Employ PEI, Self Employ PEI, Work Experience PEI,  Graduate Mentorship program

Programs for older workers:  Passport to Employment

Programs for employers:  Employ PEI, Workplace Skills Training, Graduate Mentorship program

Visit the SkillsPEI website at www.skillsPEI.com or call SkillsPEI’s General Inquiries Line at 1-877-491-4766 or visit one of the offices below:

Atlantic Technology Centre: Suite 212, Charlottetown | 902-368-6290

Provincial Building: Montague| 902-838-0674

Future Tech West: O’Leary | 902-859-8898

Access PEI: Summerside| 902-438-4151

Access PEI: Wellington Outreach Site

Access PEI: Souris Outreach Site| 15 Green Street, Souris

Funded by the Department of Economic Growth, Tourism and Culture through the Canada-PEI labour market agreements.

Bursaries

Government of PEI Bursaries, grants, and more supports available for students

Scholarships, awards, grants, and bursaries for PEI residents in post-secondary education

The criteria to receive assistance vary, and could include academic achievement, athletic skill, extra-curricular and community involvement, and/or special abilities. Scholarships are typically based on accomplishment and other specific criteria, while grants and bursaries may take financial need into consideration as well.

Click here for a complete list of what is available for PEI students.

Government of Canada – Student Financial Assistance

Canada Learning Bond – An education savings plan which provides up to $2,000 towards post-secondary education. Children must be born in 2004 or later to be eligible for the plan. Click here for more information.

Also learn more about the Canada Learning Bond here

Education funding – Scholarships, paying for your education, RESPs, budgeting tips and paying off student debt. Click here for details.

Education Savings – More information on saving up a child’s education, such as the Canada Education Savings Grant (CESG). Click here for details.

Canada Benefit Finder – A short survey to connect you to the federal and provincial benefits you may be entitled to. Click here for details.

Prosper Canada – its aim is to ensure that all financially vulnerable Canadians have access to the financial policies, programs, products and advice they need to build their financial wellbeing. 

Prosper Canada Centre for Financial Literacy – works with business, government and non-profit partners to increase access to high quality, unbiased, and free financial information, education and counselling for Canadian living on low incomes. Click here for details.

Benefits wayfinder online tool that simplifies the search for government benefits for people seeking ways to boost their incomes and/or reduce their expenses. Sponsored by TD Bank Group, the bilingual tool is easy to use, plain language and provides customized benefit recommendations based on the life circumstances of each user. Click here for details.

Indicators for Financial Empowerment This resource offers a set of common indicators that community organizations can use to measure the reach and impact of their financial empowerment (FE) programming. Click here for details.

Prosper Canada’s Learning Hub further helps practitioners, policy-makers, funders, and advocates working to advance the field of financial empowerment. Click here for details.

Savings and pension plans – Information for individuals (contributors) and plan administrators. Click here for details.

Pensions & retirement – Retirement planning, public and registered pensions, RRSPs, RRIFs, retirement income calculator and more. Click here for details.

Canada Benefit Finder – A short survey to connect you to the federal and provincial benefits you may be entitled to. Click here for details.

Government of Canada – Income Tax Help

Community Volunteer Income Tax Program – A free program for eligible taxpayers who have modest income and simple tax situations. To find out about credits taxpayers can take advantage of, click here for details.

Canada Benefit Finder – A short survey to connect you to the federal and provincial benefits you may be entitled to. Click here for details.

Government of PEI – Tax relief for Islanders

A number of tax changes announced within the 2020-2021 Operating Budget will leave more money in the hands of Islanders and businesses now when they need it most.

The changes include the increase of the Low-Income Reduction Threshold from $18,000 to $19,000, the increase in the Basic Personal Amount from $10,000 to $10,500, and a reduction in the Small Business Tax from 3 per cent to 2 per cent, effective January 1, 2021.

For more information, contact the Department of Finance at 902-368-4040 or [email protected]

To learn more about the new and expanded benefits that may be available to PEI residents, check out “Benefits for Islanders” brochure here.

Visit www.princededwardisland.ca/getyourshare for more information

Electricity Tax Relief – The first block of residential electricity will now be rebated equivalent to the provincial portion of the HST on electricity bills each month. This means an average of $120 a year in savings per household.

A rebate equivalent to the provincial portion of HST will also be available for firewood, pellets and propane through a point-of-sale credit or rebate.

For more information, contact Efficiency PEI toll-free at 1-877-734-6336 or email [email protected].ca.

Visit www.princeedwardisland.ca/homeenergy

Government of PEI

Employment Standards on PEI – Workers’ rights are protected under employment legislation in PEI. The Employment Standards Act, Youth Employment Act and other labour laws clarify the rights and obligations of employees and employers and set minimum standards to ensure individuals are treated fairly in the workplace. Click here for more information.

Government of Canada -Financial Consumer Agency of Canada

The Financial Consumer Agency of Canada (FCAC)  ensures federally regulated financial entities comply with consumer protection measures, promotes financial education and raises consumers’ awareness of their rights and responsibilities. Click here for details.

The following resources may be found at the FCAC website

Financial tools and calculators – Tools to help you choose a bank account and credit card, including budget and mortgage calculators. Click here for details.

Canadian Financial Literacy Database – Find resources, events, tools and information on budgeting, money management, insurance, saving, investing, and taxes from various Canadian organizations. Click here for details.

Chartered Professional Accountants of Canada (CPA Canada)

CPA Canada’s Financial Literacy Program  Unbiased objective financial literacy education and information to improve the overall state of financial literacy in Canada. Click here for details.

Request a financial literacy session in your community  Learn more about CPA Canada’s literacy sessions for schools, adults, seniors and newcomers, and register. Click here for details.

Prosper Canada – its aim is to ensure that all financially vulnerable Canadians have access to the financial policies, programs, products and advice they need to build their financial wellbeing. 

Prosper Canada Centre for Financial Literacy – works with business, government and non-profit partners to increase access to high quality, unbiased, and free financial information, education and counselling for Canadian living on low incomes. Click here for details.

Benefits wayfinder online tool that simplifies the search for government benefits for people seeking ways to boost their incomes and/or reduce their expenses. Sponsored by TD Bank Group, the bilingual tool is easy to use, plain language and provides customized benefit recommendations based on the life circumstances of each user. Click here for details.

Indicators for Financial Empowerment This resource offers a set of common indicators that community organizations can use to measure the reach and impact of their financial empowerment (FE) programming. Click here for details.

Prosper Canada’s Learning Hub further helps practitioners, policy-makers, funders, and advocates working to advance the field of financial empowerment. Click here for details.

Credit Counselling

Allan Marshall and Associates offers a wide range of services including Bankruptcy and Consumer Proposals to the residents of PEI. Click here for details.

BDO Debt Solutions  has local teams of knowledgeable professionals such as proposal administrators, credit counselors, and Licensed Insolvency Trustees. Click here for details.

Credit Counselling Services of Atlantic Canada is a non-profit organization providing confidential and professional budget, credit and debt repayment counselling programs to families and individuals. Click here for details.

Grant Thornton has Licensed Insolvency Trustees (LIT), who are federally-regulated professionals that provide advice and services to individuals and businesses with debt problems. Click here for details.

Family Service PEI (FSPEI) Credit Counselling is a registered charitable non-profit agency, accredited by Credit Counselling Canada.  Credit Counsellors meet face-to-face with clients to help them get debt-free and learn money management skills. FSPEI also offers a debt repayment program. Clients of the Credit Counselling Program can also access the FSPEI Therapeutic Counselling Program free of charge. Click here for details.

MNP Ltd. has a Consumer Insolvency team to help individuals with consumer proposals, personal bankruptcy and credit counselling. Click here for details.

Organizations such as Family Service PEI (FSPEI), Career Development Services PEI (CDS), CBDC Rural Action Centres, and RDÉE PEI host information sessions throughout the year on topics such as money management, operating on a shoestring budget, and funding sources to help start a business or get a post-secondary education.

FSPEI Community Education Sessions cover basic money-management information for students, community groups or workplaces.  FSPEI is also available for information fairs and trade shows. Click here for details.

For Charlottetown and Summerside areas, call toll free: 1–866-892-2441

CDS – PEI services are free to job seekers. Visit www.cdspei.ca . Check out an office near you:

• Montague | 902-838-5453
• Souris | 902-687-1526
• Charlottetown | 902-626-2014
• Bloomfield | 902-859-2776
• Summerside | 902-436-0706

CBDC Rural Action Centres offer business guidance, entrepreneur education and management assistance for start-ups and more.

Visit www.ruralactioncentres.ca  or go to a CBDC Rural Action Centre office near you:

• Montague | 902-838-4030
• Central Bedeque | 902-887-3400
• Alberton | 902-853-3616
• Souris | 902-687-4084
• Wellington | 902-854-3439

RDÉE PEI is the provincial francophone economic development council. It has locations in Wellington and Charlottetown. Go to www.rdeeipe.net Visit a location near you:

Wellington | 902-854-3439
Charlottetown | 902-370-7333

Family Service PEI (FSPEI) – It’s Your Right – gives advice on protecting people financially as they age. Click here to select a list of topics.

ABC Life Literacy Canada – Money Matters – designed for adult learners, Indigenous communities, newcomers and New Canadians. Click here for details.

CPA Canada’s Financial Literacy Publications  – offer in-depth knowledge on improving your financial health. Click here for details.

Prosper Canada – its aim is to ensure that all financially vulnerable Canadians have access to the financial policies, programs, products and advice they need to build their financial wellbeing.

Prosper Canada Centre for Financial Literacy – works with business, government and non-profit partners to increase access to high quality, unbiased, and free financial information, education and counselling for Canadian living on low incomes. Click here for details.

Benefits wayfinder online tool that simplifies the search for government benefits for people seeking ways to boost their incomes and/or reduce their expenses. Sponsored by TD Bank Group, the bilingual tool is easy to use, plain language and provides customized benefit recommendations based on the life circumstances of each user. Click here for details.

Indicators for Financial Empowerment This resource offers a set of common indicators that community organizations can use to measure the reach and impact of their financial empowerment (FE) programming. Click here for details.

Prosper Canada’s Learning Hub further helps practitioners, policy-makers, funders, and advocates working to advance the field of financial empowerment. Click here for details.

The Ready Commitment from TD Bank – financial security, a more vibrant planet, connected communities and better health. Click here for details.

RBC Future Launch – helps youth get an education, grow their network, and gain skills. Click here for details.

SkillsPEI offers programs and services for job seekers, employers, and organizations.  SkillsPEI provides assistance to unemployed individuals who are eligible for Employment Insurance (EI) and individuals who are non-EI eligible to prepare for and find employment.

Programs for job seekers:  Training PEI, Career Connect, Employ PEI, Self Employ PEI, Work Experience PEI,  Graduate Mentorship program

Programs for older workers:  Passport to Employment

Programs for employers:  Employ PEI, Workplace Skills Training, Graduate Mentorship program

Visit the SkillsPEI website at www.skillsPEI.com or call SkillsPEI’s General Inquiries Line at 1-877-491-4766 or visit one of the offices below:

Atlantic Technology Centre: Suite 212, Charlottetown | 902-368-6290

Provincial Building: Montague| 902-838-0674

Future Tech West: O’Leary | 902-859-8898

Access PEI: Summerside| 902-438-4151

Access PEI: Wellington Outreach Site

Access PEI: Souris Outreach Site| 15 Green Street, Souris

Funded by the Department of Economic Growth, Tourism and Culture through the Canada-PEI labour market agreements.

Innovation PEI – Innovation and Development Labour Rebate

WCB Grant Program

A Grant Program is now available through the Workers Compensation Board. The Program will provide financial supports to help fund innovative workplace solutions and training and educational opportunities for Island employers and workers.

“Enhancing PEI’s workplace safety culture and improving return to work outcomes are two strategic priorities that are emphasized within this program, and it will be rewarding to see how the grants will impact the health and safety of workers and employers of PEI,” said WCB Chair Stuart Affleck.

Organizations can apply for funding under two streams: Workplace Innovation, and Training and Education.

For all the details, click here.

The Law Foundation of PEI

The Law Foundation of PEI has an annual funding grant for community organizations. This grant supports ideas for projects that provide legal education or improve access to justice on PEI.

For further details on projects that are eligible and to obtain an application package, contact the Executive Director, Sheila Lund MacDonald at [email protected].ca .

Visit www.lawfoundationpei.ca.

2020 Funding Directory– a summary of available government grants, subsidies, and tax credits for PEI businesses. Presented by the Greater Charlottetown Area Chamber of Commerce, click here.

SkillsPEI offers programs and services for job seekers, employers, and organizations.  SkillsPEI provides assistance to unemployed individuals who are eligible for Employment Insurance (EI) and individuals who are not eligible for Employment Insurance (EI) to prepare for and find employment.

Programs for job seekers:  Training PEI, Career Connect, Employ PEI, Self Employ PEI, Work Experience PEI, Career Prep program, Graduate Mentorship program, Post Secondary program

Programs for employers:  Employ PEI, Workplace Skills Training, Career Prep program, Graduate Mentorship program, Post Secondary program

Programs for organizations:  Workforce Development Projects, Work Experience PEI, Employment Assistance Services, Labour Market Partnerships

Visit the SkillsPEI website at www.skillsPEI.com or call SkillsPEI’s General Inquiries Line at 1-877-491-4766 or visit one of the offices below:

Atlantic Technology Centre: Suite 212, Charlottetown | 902-368-6290

Provincial Building: Montague| 902-838-0674

Future Tech West: O’Leary | 902-859-8898

Access PEI: Summerside| 902-438-4151

Access PEI: Wellington Outreach Site

Access PEI: Souris Outreach Site| 15 Green Street, Souris

Funded by the Department of Economic Growth, Tourism and Culture through the Canada-PEI labour market agreements.

TakingITGlobal is looking for young people who are inspired with ideas and ready to take action through youth-led community service grants. Do you have a simple project idea to support your community? This is your opportunity to shape the future of your community, learn valuable skills and gain experience.

Apply for grants at www.risingyouth.ca .#RisingYouth #LeadersToday

This initiative is funded by the Government of Canada under Canada Service Corps.

Trove – Do you want to feel better about your money situation? Trove is designed to help you find simple, easy ways to improve your finances. Explore a variety of financial tools and resources to meet your needs. Click here for details.

Benefits wayfinder online tool that simplifies the search for government benefits for people seeking ways to boost their incomes and/or reduce their expenses. Sponsored by TD Bank Group, the bilingual tool is easy to use, plain language and provides customized benefit recommendations based on the life circumstances of each user. Click here for details.

Indicators for Financial Empowerment This resource offers a set of common indicators that community organizations can use to measure the reach and impact of their financial empowerment (FE) programming. Click here for details.