Prince Edward Island Fishermen's Assoc.

The Government of Canada has recently announced plans for expanded eligibility for the CEBA Program. Details are not yet finalized. Please check back at this page in the coming days as more information becomes available.

The Canada Emergency Business Account (CEBA) program will provide qualifying businesses with an interest-free loan of $40,000 until December 31, 2022. Up to $10,000 of that amount will be eligible for loan forgiveness if $30,000 is fully repaid on or before December 31, 2022. If the loan is not repaid by December 31, 2022, it will be extended for an additional 3 year term bearing an interest rate of 5% per annum. The loan can be repaid at any time without penalty and no principal payments are required until December 31, 2025 when the full amount of the loan is due. Monthly interest must be paid during the additional 3 year term.

Latest News

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June 1, 2020
Peddler's License Information - Department of Fisheries and Communities

June 1, 2020
UPDATE: Canadian Emergency Business Account (CEBA) - June 1, 2020

May 27, 2020
COVID 19-Update on Subsidies, Grants and Loans to assist harvesters May 27, 2020

May 19, 2020
UPDATE: Canadian Emergency Business Account (CEBA) program - May 19, 2020

May 18, 2020
Victoria Day Monday - PEIFA Office closed

May 14, 2020
PEIFA update on the Federal Announcement - Fish Harvesting sector - May 14 2020

May 14, 2020
Official Federal Announcement Prime Minister announces new support forCanada’s fish harvesters May 14 2020

May 13, 2020
LFA 24 Lobster Season Opening

May 13, 2020
LFA 26A Lobster Season Opening

May 12, 2020
Clarification on Lobster Opening Day - spring 2020



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