The Tariff Working Capital Assistance Program is one of two programs the province has announced this week to support PEI businesses impacted by the U-S tariffs. On Wednesday, the Province made some more of the program details available. The Program is being offered through Finance PEI, and it’s to provide working capital financing to Island businesses impacted by tariffs to ensure that operations can be maintained, jobs can be preserved and to help impacted organizations invest in market and supply chain alternatives. Eligible applicants can apply to receive up to $500,000 over six years at a fixed rate of 4%, with principal payments deferred for 12 months.
Funding will be available until March 31, 2026.
