Capital Budget 2026-27: moving the province forward, building with purpose
Today, Hon. Jill Burridge, Minister of Finance, presented the Government of Prince Edward Island’s 2026-27 capital budget to the Legislative Assembly, outlining a five-year plan totaling $1.6 billion in infrastructure investments to support the province’s needs for today and into the future.
“Today’s budget is about meeting the moment and preparing for the future. We are investing in schools, hospitals, and infrastructure Islanders need—and building the foundation for a stronger province in the years ahead.”
— Hon. Rob Lantz, Premier of Prince Edward Island
“This budget allows us to rise to today’s challenges while keeping our eye on the opportunities of the future. It is focused, practical, and grounded in what Islanders need most. These projects are necessary and, while we recognize the scale of this commitment, we are focused on accountable and sustainable delivery; Islanders deserve nothing less.”
— Minister of Finance Jill Burridge
Capital Budget five-year highlights include:
Health care that delivers:
- Kings County campus, including a new hospital and community health centre - $132.2 million
- Mental health campus completion - $131 million
- Investing in primary care access - $22.9 million
- Modernizing access to healthcare information - $21.7 million
- Two new CT scanners – $11.9 million
- QEH refresh and campus redevelopment - $102.3 million
- Supporting care for seniors - $14 million
Creating places to learn:
- New elementary schools - $65.4 million
- New Summerside school - $14.5 million
- New and expanded intermediate schools - $133 million
- New and renovated high schools - $44 million
- Securing French language education - $92 million
- School revitalization and capital repairs - $36 million
- Increase to Childhood Recreation Fund - $1.5 million
Investing in people and places:
- Roads, bridges and highways - $296 million
- Protecting our land – $21.3 million
- Investment in affordable public housing – $128.3 million
- Provincial parks improvements - $9 million
- Subsea power cable - early planning process - $600,000 (over two years)
For more information on the 2026-27 Capital Budget, visit Capital Budget.
Media contact:
Emily Blue
Office of the Premier
emilyblue@gov.pe.ca
Janice Fogarty
Department of Finance
jefogarty@gov.pe.ca