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Government will cover the cost of testing Island racehorses for Strangles
2021-03-23
Today, Minister of Finance Darlene Compton announced that the Province will support the harness racing industry by paying for testing for the presence of Streptococcal Equi (Strangles) in standardbred racehorses. An Advisory Committee comprised of representatives from the Atlantic Veterinary...
Tax changes provide relief and assistance for Islanders affected by the pandemic
2021-03-16
The provincial government will make tax changes so that Islanders and businesses can keep more money in their pockets as the province continues to recover from the effects of COVID-19. The changes are effective January 2022 and include: Increasing the basic personal income tax exemption to $11,250...
Budget 2021-22 shows province’s path to recovery
2021-03-12
Today, Premier Dennis King and Finance Minister Darlene Compton delivered government’s 2020-21 operating budget that outlines $2.5 billion in spending for programs to assist Islanders, businesses, and industry recover from COVID-19, while optimistically turning an eye to the future. “With the...
Government releases volumes two and three of Public Accounts for 2019-2020 fiscal year
2021-01-29
The Province today released Volumes II and III of Public Accounts, which provides additional information regarding the financial results for government from the 2019-2020 fiscal year. Public Accounts is an annual summary and accountability report of the Government of Prince Edward Island, audited...
Government releases volume one of Public Accounts for 2019-2020 fiscal year
2021-01-15
The Province today released Volume one of the 2019-2020 Public Accounts that show the audited financial results for government from the 2019-2020 fiscal year, including a surplus of $22 million. Public Accounts is an annual summary and accountability report of the Government of Prince Edward Island...
Islanders reminded to provide their input for the upcoming provincial budget
2021-01-08
Islanders are reminded about the various ways they can provide their ideas and input for the upcoming provincial 2021-2022 operating budget. As a result of ongoing Gender and Diversity Analysis on pre-budget consultations and discussions with key stakeholders, this year’s consultations include...
Pre-Budget Consultations for the 2021-2022 Operating Budget
2020-12-31
Pre-budget consultations are now closed. We thank all Islanders for their ideas, feedback and thoughts on the 2021-2022 Operating Budget., The deadline for feedback was January 22, 2021., All pre-budget consultations were virtual this year and included a virtual town hall on January 12, 2021, from...
Liquor delivery service will be available permanently to benefit Island businesses
2020-12-18
Changes to regulations under the, Liquor Control Act, will allow alcohol delivery service to continue permanently in Prince Edward Island to help support Island businesses. Agency liquor stores, micro-breweries, wineries, distilleries, ferment-on-premise establishments, and restaurants with a...
Finance Mandate Letter
2020-09-16
Honourable Darlene Compton Finance PO Box 2000 Charlottetown, PE C1A 7N8 Dear Minister Compton: I am pleased that you have agreed to serve Islanders as Minister of Finance and Deputy Premier. Our new Progressive Conservative government will work to deliver real benefits for all Islanders;...
Province announces support for essential workers, small business and fisheries
2020-05-07
Today, the Province of Prince Edward Island announced additional investments to support essential workers, small businesses, and the fishing and aquaculture industries as the province moves into its renewal phase of the pandemic. This includes a wage top-up for certain essential workers, support...