PEICB Calculator 2026 | Prince Edward Island Child Benefit

📋 PEICB reference amounts (2026–2027)

Income Under $45,000 — Higher Rate ($34.16/month per child)

Children Under 18	Monthly PEICB	Annual PEICB

Income $45,000–$80,000 — Lower Rate ($24.16/month per child)

Children Under 18	Monthly PEICB	Annual PEICB

Income Thresholds:
• Higher rate below $45,000
• Lower rate between $45,000 and $80,000
• Not eligible above $80,000
Payment: Combined with CCB — paid monthly on the 20th

⚠️ This calculator provides estimated PEICB amounts for informational purposes only. Actual PEICB payments are determined by the Canada Revenue Agency on behalf of the Province of Prince Edward Island, based on your tax return and individual circumstances. This tool uses the official PEICB rules and maximum amounts for the 2026–2027 benefit year (July 2026 – June 2027) but should not be considered as official confirmation of benefit amount. Always verify with the CRA or consult a qualified tax professional.

❓ FAQ

What is the Prince Edward Island Child Benefit (PEICB)? ▼

The PEICB is a tax-free monthly payment to help low- to medium-income families in Prince Edward Island with the cost of raising children under 18. It's combined with the Canada Child Benefit (CCB) into a single monthly payment.

How much is the PEICB in 2026–2027? ▼

For July 2026 to June 2027: $34.16 per month per child if your adjusted family net income is below $45,000, or $24.16 per month per child if your income is between $45,000 and $80,000.

At what income does the PEICB reduce? ▼

The PEICB reduces from the higher rate to the lower rate when your adjusted family net income reaches $45,000.

At what income is the PEICB fully phased out? ▼

The PEICB is reduced to zero when your adjusted family net income exceeds $80,000.

Do I need to apply for the PEICB? ▼

No. You do not need to apply separately. The CRA automatically determines your eligibility based on your CCB application and tax return.

When are PEICB payments made? ▼

PEICB payments are combined with the CCB and made monthly on the 20th of each month.

Is the PEICB taxable? ▼

No, the PEICB is a non-taxable benefit. You do not need to report it on your tax return.

Does the PEICB affect other benefits? ▼

No. The PEICB is a separate provincial credit and does not affect your eligibility for other federal benefits like the CCB.

What if I have a new baby? ▼

Your PEICB will increase by the applicable per-child rate for each additional child under 18. You do not need to reapply separately.

How is the PEICB different from other provincial child benefits? ▼

The PEICB uses a two-tier flat rate system — there is no gradual phase-out. Your benefit is either at the higher rate (below $45,000), the lower rate ($45,000–$80,000), or zero (above $80,000).

🇨🇦 PEI Child Benefit Calculator 2026–2027

Related Calculators