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Budget 2024 signals continued focus on healthcare, housing and affordability for all Islanders
2024-02-29
Today, Hon. Jill Burridge, Minister of Finance, presented government’s 2024-25 operating budget to the legislative assembly, outlining $3.2 billion in investments for Prince Edward Island with a continued focus on healthcare, housing and affordability measures.
“This budget signals where we’re...
Tax changes to benefit Islanders
2024-01-11
Island residents will save more in 2024 due to changes in provincial income and property taxes this year.
Changes to the current income tax bracket system effective January 1, 2024, will result in total savings of $14 million this fiscal year to Islanders impacted, with savings growing to $20...
Province presents 2023-2024 fiscal update
2023-12-06
Today, government released the fiscal and economic update that outlines the financial state of the province and the economic outlook for 2024.
The economic and fiscal update is an annual reflection provided after second quarter outlining what the provincial government expects its financial results...
Government rolls back property tax
2023-12-01
On Wednesday during the legislative assembly, Government passed an amendment to the Real Property Tax Act that will roll back provincial residential property taxes to prevent a sharp rise in taxes in 2024.
The amendment introduces an owner-occupied residential tax credit to net their provincial...
Pre-budget consultations open to Islanders
2023-11-24
Island residents are invited to have their say on the 2024-2025 operating budget by taking part in annual pre-budget consultations.
Residents can submit their thoughts and ideas by emailing budgetsubmissions@gov.pe.ca, participating in an online survey or by registering for virtual consultations...
Billion-dollar capital budget to revitalize province
2023-11-21
Today, Premier Dennis King and Finance Minister Jill Burridge presented government’s capital budget to the Legislative Assembly, outlining a spend of $1.3 billion in infrastructure investments for Prince Edward Island.
“This capital budget is about investing in key areas such as housing,...
PEI releases Public Accounts for 2022-2023 fiscal year
2023-11-06
Today, the Government of PEI released all three volumes of Public Accounts which include the audited financial results for government from the 2022-2023 fiscal year and report a surplus of $14.4 million.
Public Accounts is an annual financial summary and accountability report of the Government of...
New naming program for places in PEI
2023-09-29
A new program is available to the public to propose a name for a location, or to rename a location in Prince Edward Island.
The PEI Geographic Naming and Renaming Program provides a way for Island residents to submit proposals for adding a name where none currently exists, removing a name no...
New Responsible Gambling Strategy for Islanders
2023-09-15
A new strategy to help guide responsible gambling programs and services on Prince Edward Island is now available.
The Responsible Gambling Strategy 2023-2028 will act on a government commitment to its citizens in providing a necessary update to responsible gambling programs on Prince Edward...
New numbers show PEI economy in good shape, driven by population and employment growth
2023-07-26
The Annual Statistical Review, released today, shows that despite the challenges Prince Edward Island faced in 2022, such as a pandemic and a hurricane, the province continues to grow in many ways.
The 49th edition gathers data from provincial government departments, the private sector, and...