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Government provides economic and fiscal outlook for the province
2020-09-30
Today, Finance Minister Darlene Compton provided the fall economic and fiscal update, which outlines for Islanders the province’s current economic position as it enters the new normal phase of living with COVID-19. Prince Edward Island experienced growth in the first quarter of 2020 and was in a...
New specialty liquor store opens Friday
2020-07-22
The PEI Liquor Control Commission will open its new specialty store at Founders Food Hall and Market in Charlottetown on July 24, offering diverse and high-quality products to Islanders and visitors. The new location, called Notables, will carry Island products, as well as an extensive selection...
Annual Statistical Review shows 2019 was record year for PEI
2020-07-21
The Annual Statistical Review, released today, provides Islanders with a fulsome analysis of the province, shows how strong Prince Edward Island’s economy was in 2019. The 46th Annual Statistical Review of the province includes data from provincial departments, Statistics Canada, and the private...
Budget 2020-21 charts path forward for Islanders during COVID-19
2020-06-17
Today, Premier Dennis King and Finance Minister Darlene Compton presented the 2020-21 provincial budget which outlines $2.2 billion in planned investments in Islanders, environment, business and primary sectors. “As challenging as the past few months have been, we have an opportunity to reset....
Proactive measures taken by Province to mitigate the effects of a data breach
2020-03-02
Very recently, we have become aware of a limited breach that has occurred in relation to the ransomware event, and at this stage, it appears that a small amount of data was moved from Government of PEI servers. As a proactive measure, government officials will communicate with any suspected...
Islanders information protected as Government addresses malware discovery
2020-02-25
On Sunday afternoon (February 23), Government discovered malware on its network, and extensive efforts continue to be taken to ensure Islanders’ personal information is protected. Best practice measures to combat the malware were immediately put in place, and an extensive investigation is underway...
Islanders invited to provide input during pre-budget consultations
2020-01-27
Islanders are invited to participate in pre-budget consultations taking place in the coming weeks to share their ideas and priorities that will help create the upcoming budget for the province. Minister of Finance, Darlene Compton will hold consultations on the 2020-21 Budget both online and at...
Tax changes mean more money for Islanders
2019-12-23
A number of tax changes will be coming into effect in the New Year that will give Islanders more disposable income. The basic personal income tax amount will be raised to $10,000 from $9,160, the small business tax rate will drop by another 0.5 per cent to 3 per cent, and the low income threshold...
Capital Budget investing in greater supports for Islanders
2019-11-15
Today, Premier Dennis King and Finance Minister Darlene Compton tabled government’s capital budget that will see $156 million of planned spending on critical infrastructure through 2020-21 supporting the livelihood of Islanders and communities across the province. “It is because of the ambition,...
Islanders continue to drive strong economy, provincial surplus
2019-10-31
A strong economy with high employment and good fiscal management have led to a $56.9 million surplus in the 2018-19 fiscal year for the Province of Prince Edward Island. “It is because of the strength of Islanders that we continue to experience a strong and healthy economy. It is important that we...