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Government providing property tax relief to Islanders
2022-05-06
The Government of Prince Edward Island is providing a one-time subsidy to offset the increase in 2022 provincial residential tax due to the 2021 Consumer Price Index (CPI). The Property Tax Subsidy will be administered through the Provincial Taxation Office and will provide a one-time subsidy to...
Budget 2022-23 outlines investments in Islanders now and for the future
2022-02-24
Today, Premier Dennis King and Finance Minister Darlene Compton delivered government’s 2022-23 operating budget that outlines $2.7 billion in spending to assist Islanders as PEI moves forward and transitions to growth and recovery. “The past 23 months have been incredibly difficult for all...
Government releases new diversity and inclusion strategy
2022-01-27
The provincial government released a new diversity and inclusion strategy to ensure it is providing a safe, inclusive and diverse work environment for employees and clients, today and in the future. The 2022-2025 Diversity and Inclusion Strategy will build on the 2019 Diversity and Inclusion Policy...
Volunteer Firefighters tax credit one of many tax changes to benefit Islanders
2021-12-30
A number of tax changes, including a tax credit for volunteer firefighters and ground search and rescue (GSAR) first responders will be introduced in the new year. The changes will be effective January 1, 2022 and include: increasing the firefighter tax credit from $500 to $1,000, providing free...
PEI liquor laws modernize
2021-12-20
The modernization of PEI’s liquor laws and regulations is taking another step forward with recent changes to the province’s Liquor Control Act. Changes made in the 2021 fall session of the Legislative Assembly come into effect December 18, 2021 and include: the ability for patrons to bring their...
Islanders invited to give their input during pre-budget consultations
2021-12-15
Online submissions for pre-budget consultations open today for Islanders to share their input and ideas for the upcoming provincial 2022-23 operating budget. This year again, all pre-budget consultations will take place virtually to adhere with public health and safety precautions. Islanders can...
Province delivers fall fiscal update
2021-11-05
Today, Finance Minister Darlene Compton delivered the fall fiscal and economic update to inform Islanders of the financial state of the province and the economic outlook for 2022. The province showed signs of significant recovery through the second quarter of 2021, thanks to higher than...
Government releases Public Accounts for 2020-2021 fiscal year
2021-10-29
Today, the Province released all three volumes of Public Accounts which include the audited financial results for government from the 2020-2021 fiscal year, and shows a deficit of $5.6M. Public Accounts is an annual financial summary and accountability report of the Government of Prince Edward...
Capital Budget investing in the future well-being of all Islanders
2021-10-26
Today Premier Dennis King and Finance Minister Darlene Compton tabled government’s capital budget outlining $212 million in planned spending on vital infrastructure in 2022-2023 that will continue to build on commitments to support Islanders, now and in the future. “Over the past 19 months,...
Annual Statistical Review recaps 2020 pandemic year
2021-07-13
The Annual Statistical Review released today, provides an analysis of the province’s economic state, shows areas that were affected by the COVID-19 pandemic, and highlights the resilience of PEI’s economy. The 47th edition gathers data from provincial government departments, the private sector, and...