FISCAL UPDATE
Second Quarter Forecast
2019-2020
Second Quarter Forecast
The Second Quarter Forecast for 2019-2020
indicates a surplus of $706,400.
Highlights:
Total revenue is forecast to decrease by
$4.3 million, primarily due to:
•...
New Investments
More responsive
health care
Islanders will benefit from more direct supports as we work closely with
our professionals and continue investing in our health care system to
ensure it is proactive, responsive and efficient....
Investing in Island
Communities and Business
The people who make up our communities are the real source of
strength in our province. We will continue to make historic
investments in modernizing our infrastructure.
Confederation trail $1.8M...
Presented by Hon.Darlene Compton, Minister of Finance and Chair of Treasury Board
Page
Summary Schedule
Capital Expenditure Summary by Department 3
Detailed Capital Expenditure Estimates
Agriculture and Land 4
Economic Growth, Tourism and Culture 6
Education and Lifelong Learning 8
Environment, Water and Climate Change 10...
Investing in our future
Children and youth are extremely important to the future
of Prince Edward Island.
Sherwood School
$3.3M for a new total of $22.4M
To build a new school for the residents of
the Sherwood area. Planning will include...
Investing in a a PEI
secure-income pilot.
Islanders will get a helping hand with $4.7
million towards poverty reduction and
AccessAbility supports.
PEI will invest $225,000 to develop a PEI
secure-income pilot.
No one should have to
worry about...
The basic personal income
tax amount will be raised
to $10,000. Changes will
also be made to the spouse
and equivalent to spouse
amounts.
The low income threshold
will move from
$17,000 to $18,000
on January 1, 2020.
The small business tax...
Developing more active
transportation corridors.
Islanders are encouraged to opt for new
ways of travel to reduce the number of
passenger vehicles on our roads. Additional
funding will be provided for Pat and the
Elephant and for Transportation...
32 new teachers and 42
new EA positions - a total of
74 new front-line staff.
K-12 education and early years education
are receiving the single largest increase
in education in over a decade with an
additional investment of $19.2 million.
Wage...
Helping Islanders
at home.
The budget continues to advance the
work of the province’s Climate Action
Plan, Climate Adaptation Plan and Energy
Strategy. $10 million in incentives will be
provided for fuel switching in existing
homes and...
