Prince Edward Island property tax relief programs
2 provincial programs and 2 municipal programs in the 1 Prince Edward Island municipalities we cover. Each program decides its own eligibility; follow the official links.
Provincial programs
Provincial Tax Credit Program
Prince Edward Island's Provincial Tax Credit reduces the provincial portion of property tax on non-commercial property owned by Island residents. From January 1, 2026 the credit is $0.70 per $100 of taxable assessment, up from $0.50.
Seniors Property Tax Deferral Program
Prince Edward Island's Seniors Property Tax Deferral Program lets owners aged 65 or older with annual household income under $42,000 defer property tax on their principal residence. No interest accrues, and the deferred taxes become payable when the owner dies or sells.
Municipal programs
Heritage Tax Freeze Program (Heritage Incentive Program)Charlottetown
Temporary graduated freeze of the municipal portion of property tax on the increase in assessment from approved rehabilitation or construction work on a designated heritage resource or a resource in the 500 Lot Area: 100% the first year, 80% the second, 60% the third, 40% the fourth and 20% the fifth (Council may extend up to ten years); the provincial portion is not frozen; apply within one year of the building permit, one application per ten-year period.
Provincial Tax Credit ProgramCharlottetown
Credit on the provincial portion of property tax on non-commercial property owned by PEI residents: $0.50 per $100 of taxable assessment until December 31, 2025 and $0.70 per $100 from January 1, 2026; apply with form FM-087-T-E if not already receiving it.
Property tax in Prince Edward Island · Programs in all provinces