Provincial Budget: Operating Budget

The operating budget is the estimates of revenue and expenditure that detail spending plans by the Government of Prince Edward Island to operate each department for the next fiscal year.

The 2018-19 provincial budget and related information is available in the following documents:

Investing in HealthThumbnail image of PEI Budget Highlights: Investing in Health

  • An increase of $32 million to sustain and build on the provincial health system.
  • Significant investments in mental health and 100 new long-term care beds over the next two years

For full details, download Health Budget Highlights

Investing in Communities

  • Thumbnail of PEI Budget Community Highlights coverNew Rural Growth Initiative will provide funding of $2.6 million to communities and organizations to revitalize community structures, attract people and grow jobs.
  • Over $1.45 million invested to support cultural industries

 For full details, download Communities Budget Highlights

 

 

Investing in Jobs and Businesses2018 PEI Budget Highlights on Jobs and Businesses thumbnail

  • Small business tax cut will save small businesses up to $2,500 a year.
  • New Small Business Investment Grant will help PEI companies reinvest and grow.

 For full details, download Jobs Budget Highlights

 

 

Investing in Students and Youth

  • Thumbnail of PEI Budget Students and Youth Highlights coverFree tuition for more than 1,000 lower-income Islanders
  • New Island Advantage Bursary will provide all PEI students attending college or university in the province with an additional $3,600 for four year programs.

 For full details, download Budget Highlights for Students

Download Budget Highlights: Student Financial Assistance

Investing in Education

  • Thumbnail of PEI Budget Education Highlights coverUp to 400 new childcare spaces, increase in wages for early years centres and added $1.2 million in child care subsidies will make it easier for PEI families to access childcare.
  • New frontline positions and enhanced supports for students

 For full details, download Education Budget Highlights

 

Investing in Islanders and Families

PEI Budget Islanders and Families Highlights thumbnailTax relief for all Islanders

  • Rebates on the provincial portion of the HST on the first block of residential electricity will mean an average of $120 savings a year. Rebates for firewood, pellets and residential propane also.
  • Basic personal amount will increase by $1,000 over two years.

 For full details, download Islanders and Families Budget Highlights

 

Investing in HousingPEI Budget Housing Highlights thumbnail

  • Up to 1,000 new low-income housing units.
  • Significant investments in housing will allow Islanders to stay in their own homes and communities longer.

For full details, download Housing Budget Highlights

 

Responsible Government Spending

PEI Budget Fiscal Highlights thumbnailPrince Edward Island's economy is on a tear.

The second consecutive balanced budget means government is living within its means – and is able to invest in frontline services that matter the most to Islanders like healthcare, education and families.

For full details, download Responsible Government Spending Budget Highlights


Where can I find older budget documents?

Search Budget Archives for documents from 1998 to 2017.

Contact:

Telephone: (902) 368-4201
Toll-free: 1-800-236-5196
Fax: (902) 368-5544 
Email: tlredmond@gov.pe.ca

 

Published date: 
April 6, 2018
Finance department logo

General Inquiries

Department of Finance
2nd Floor South, Shaw Building
95 Rochford Street
P.O. Box 2000
Charlottetown, PE, C1A 7N8

Phone: (902) 368-4040
Fax: (902) 368-6575

FinanceInquiries@gov.pe.ca