Funding and Asset Management
The availability of stable, high‑speed Internet infrastructure is critical for access to essential resources and public services, and to enable economic growth and diversification. The Prince Edward Island Broadband Fund (PEIBF) provides financial...
The Canada Community-Building Fund (CCBF) supports investments in PEI communities for permanent infrastructure and strategic projects related to municipal growth management and land-use planning. The CCBF, formerly the Federal Gas Tax Fund, is...
Over half (53%) of the Canada Community-Building Fund is disbursed through the Direct Allocation Fund to incorporated municipalities that supply centralized water and/or sewer services. Funds are allocated based on population for the eight largest PEI...
The Municipal Strategic Component (MSC) of the Canada Community-Building Fund (CCBF) is targeted at making a transformative difference in the sustainability and future prosperity of local government and unincorporated areas across PEI. Funding is...
A portion of the Canada Community Building Fund (3.3%) is disbursed through the Notional Allocation Fund to incorporated municipalities that do not provide centralized water and/or sewer services. The Province administers this component of CCBF on a per...
Can municipalities on PEI buy land?
Yes, municipalities can purchase land. To meet legislative acts and regulations keep the following in mind:
The purchase is listed in the municipality’s budget, (MGA s.150)
The purchase is approved by council, (...
What is a financial plan?
A financial plan, which used to be called a budget, must be adopted by all municipalities. The municipal fiscal year runs from April 1 – March 31. Property taxation is on the calendar year. The financial plan contains:
an...
Infrastructure Canada-PEI funding programs support major capital projects that improve the quality of life and standard of living for residents in Island communities. The funding agreement allows municipal governments to undertake significant projects...
The Municipal Government Act describes processes and procedures for municipalities to provide grants and supports to residents including types of assistance and support, conditions on loans and guarantees of loan repayment, and bylaw requirements.
How...
On August 16, 2018, Canada and the Province entered into a new ten-year funding agreement herein referred to as the Investing in Canada Infrastructure Program (ICIP). Funding will be made available under the following four funding streams as well as...
The Municipal Expenditure Tool was developed by the Infrastructure Secretariat and can assist municipalities with their asset management program.
The availability of stable, high‑speed Internet infrastructure is critical for access to essential resources and public services, and to enable economic growth and diversification. The Prince Edward Island Broadband Fund provides financial assistance to...
Program Overview
The aim of this program is to support Island communities in welcoming and retaining health care professionals. The Department of Health and Wellness will provide grant funding to community organizations, recognized community groups and...