Dear Members,

Today, Wednesday, April 16, the federal government announced:

This evening, the provincial government announced the following supports for the tourism sector:

  • A $50 million tourism assistance loan facility through Finance PEI, with maximum financing of up to $1 million at 4 per cent interest available for working capital. Both the principal payments on the loan, as well as interest, will be deferred for the first 18 months.
  • Interest relief on existing loans to tourism business for up to 18 months.
  • $1 million towards expanded tourism marketing.
  • The waiving the licensing, inspection and Tourism PEI advertising fees for the 2020 operating season. Those who already paid these fees for 2020 will be reimbursed.

Upcoming Chamber Live webinars include:

As your Chamber, we are here for you and with you. As always, please reach out with your questions, comments and concerns.

Sincerely,

Dawn Binns, President 
Greater Charlottetown Area Chamber of Commerce