Royal Bank Credit Facility Proposed for Veterinary College Project
Board of Governors of the University of Prince Edward IslandProvincial Agency · Charlottetown, PE- Disclosed value
- Up to $27.1 Million
- From agenda
- Document date
- Mar 31, 2026
The 30-second brief
The University of Prince Edward Island Board of Governors is scheduled to consider authorizing a revolving term credit facility with Royal Bank of Canada for the Atlantic Veterinary College Project. The facility could total up to $27.1 million and would finance project hard and soft costs until replacement long-term debt is procured.
Royal Bank of Canada holds this financial services contract with Board of Governors of the University of Prince Edward Island. Its other public contracts on record include work for Camrose County and Town of Black Diamond.
Term as filed: Revolving term credit facility; long-term debt facility to replace it upon substantial project completion, with amortization of up to 20 years.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $27.1 Million
- Document date
- March 31, 2026
- Term
- Revolving term credit facility; long-term debt facility to replace it upon substantial project completion, with amortization of up to 20 years
- Vendor
- Royal Bank of Canada
- Source document
- University of Prince Edward Island Agenda Open Session of the Board of Governors 2026-03-31 (Agenda)
Royal Bank of Canada's other public contracts
More Board of Governors of the University of Prince Edward Island contracts
Questions about this contract
Who was awarded the financial services contract by Board of Governors of the University of Prince Edward Island?
Royal Bank of Canada was awarded this financial services contract by Board of Governors of the University of Prince Edward Island, as recorded on March 31, 2026. The contract value is Up to $27.1 Million.
How much is the Royal Bank of Canada contract with Board of Governors of the University of Prince Edward Island worth?
The Royal Bank of Canada contract with Board of Governors of the University of Prince Edward Island is valued at Up to $27.1 Million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in University of Prince Edward Island Agenda Open Session of the Board of Governors 2026-03-31 (Agenda), dated March 31, 2026 from Board of Governors of the University of Prince Edward Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Royal Bank of Canada hold?
Royal Bank of Canada may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Board of Governors of the University of Prince Edward Island currently buying?
Explore Board of Governors of the University of Prince Edward Island's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
