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Carbon levy revenue returned to Islanders
2018-11-30
Government has committed to returning all revenue from the carbon levy on gas and diesel directly back to Islanders.
“Our made-in-PEI plan has always been to reach our climate change targets without costing Islanders,” said Finance Minister Heath MacDonald. “We will offset the increase at the...
Second Quarter forecast indicates $4.4M surplus
2018-11-23
The Second Quarter Forecast for 2018-19 indicates a surplus of $4,354,800, an improvement from the budgeted surplus of $1,474,700.
“Prince Edward Island’s economy has seen solid economic growth over the last number of years and the trend continues into 2018,” said Finance Minister Heath...
Capital Budget invests in health, education, well-being of Islanders
2018-11-16
Investing in Infrastructure
The 2019-2020 Capital Budget will invest $156.6 Million in schools, affordable housing, mental health facilities and transportation infrastructure – the largest-ever capital budget in our province.
“Our government has focused on building a strong economy and thanks...
New investments in housing
2018-11-08
Government is making significant investments in new housing initiatives to ensure all Islanders have access to safe, accessible and affordable housing.
“The housing landscape is rapidly changing and we are continuously looking at ways we can find solutions to the challenges,” said Finance...
Additional tax relief to benefit Islanders, small businesses
2018-11-06
New changes to the Basic Personal Amount and Business Tax Credit will provide more tax relief to Islanders and Island businesses.
In Budget 2018 the Basic amount was raised by an additional $500 bringing the total to $8,660. Now, government is again raising the amount by $500 bringing the new...