COVID-19: Economic Relief Measures Announced to Date

  • On April 9, 2020, the Agriculture and Land Minister announced a new $750,000 COVID-19 Strategic Fund for Agriculture to help commodities and small processors adapt to the pandemic.
  • On May 5, 2020, the Government of PEI announced the Agriculture Labour Support Initiative (ALSI) to allow individuals who are interested in working on a farm to register with WorkPEI and connect with agriculture bsuinesses who have registered their job openings.
  • The Government of PEI also announced an extra incentive for students who choose to work in the PEI agriculture industry this summer. Students returning to post-secondary studies in the fall will receive a $2,000 bursary and students returning to high school will receive a $1,000 bursary from the Farm Team Program.
  • For more information, see the Government of Prince Edward Island’s news releases of April 9, 2020 and May 5, 2020.[478][479]

Support for tourism industry

  • The Government of Prince Edward Island announced funding of up to $66 million to support the tourism industry. The support includes new financing options, interest relief, and additional funding for marketing.
  • For more information, see the Government of Prince Edward Island’s news release of April 16, 2020.[480]

Support for trucking industry

  • On April 9, 2020, the Minister of Transportation, Infrastructure and Energy announced it would make hotel rooms available for truck drivers so they can practice self-isolation between trips.
  • For more information, see the Government of Prince Edward Island’s news release of April 9, 2020.[481]

Commercial Lease Rent Deferral Program

  • The Government of Prince Edward Island announced the Commercial Lease Rent Deferral Program for landlords who defer rent payments from their commercial tenants for three months (May to July). The landlords could be eligible for financial assistance if the deferred rent cannot be recovered up to a maximum of $50,000 per landlord and $15,000 per tenant.
  • For more information, see the Government of Prince Edward Island’s news release of March 30, 2020. Landlords can register for the program by contacting financepei@gov.pe.ca by April 15.[482][483]

Broadband Fund for Businesses

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