Search
Displaying 1 - 10 of 57.
Results
Islanders invited to pre-budget consultations
2019-01-25
Islanders are invited to participate in pre-budget consultations taking place across Prince Edward Island next month. Finance Minister Heath MacDonald is holding consultations on the 2019-2020 Budget both online and at four public meetings. The consultations provide Islanders, organizations and...
Personal exemption limits for interprovincial alcohol eliminated
2019-01-22
Prince Edward Island is removing personal exemption limits for alcohol in an effort to further break down barriers of trade within Canada. The change, which will allow individuals within Canada to transport any quantity of alcohol into the province for personal use, will be made during the spring...
Tax relief for the new year
2018-12-31
Supporting Island families - , Islanders will pay less in taxes this year due to decreases in taxes on gas and diesel. As of midnight, December 31, tax on gas is reduced by 3.42 cents per litre, with a 4.37 cents per litre reduction on diesel tax. “Islanders are working hard and our province’s...
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 MacDonald...
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 to...
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 Minister...
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...
Province in strong financial position, thanks to strong economy and responsible spending
2018-10-31
The Province of Prince Edward Island ended the 2017-2018 fiscal year with a surplus of $75.2 million – the direct result of the hard work of Islanders, a strong economy, and the responsible spending of tax dollars. “Since 2015 we have been working hard to get our province’s financial house in...
Rent supplements providing housing assistance to Islanders
2018-10-29
The Prince Edward Island government is on track to meet and exceed its target of 275 new affordable housing units this year. With 230 new rent supplement arrangements created since the release of the Housing Action Plan in July, government will meet the target of 275 new affordable housing units...