The Government of PEI is making changes to taxation initiatives which will leave more money in the pockets of vulnerable Islanders and charitable organizations. The changes being announced will further fulfil government’s commitment to Islanders and will be effective January 1...
Low or modest-income Islanders – or those receiving social assistance – may be eligible for more money from the provincial and federal governments. “Some people could be missing out on benefits, and even back pay through certain programs,” Family and Human Services Minister Tina...
This week, over 90,000 Island residents will receive a relief payment to support those most affected by pressures brought on by inflation. The inflationary support payment is a provincially funded initiative that will be delivered in collaboration with the Canada Revenue Agency...
Information is available online to help businesses prepare for the change in the provincial Harmonized Sales Tax (HST) rate for Oct. 1, 2016. The combined federal and provincial HST rate will be 15 per cent. Transitional rules are required to determine which tax rate will apply...
The Government of Prince Edward Island is delivering a property tax initiative that will provide a one-time subsidy to offset the 2023 property tax increase and further support Islanders with the cost of living. Similar to the 2022 property tax initiative, the 2023 Property Tax...
Islanders are reminded that beginning this week, inflationary support payments stemming from the $58 million investment announced by the Province in October 2022 will be distributed to qualified individuals. The January 2023 Inflationary Support Payment is a provincially funded...
Today, Finance Minister Darlene Compton delivered the provincial economic and fiscal update and announced tax relief for Island property owners. At the end of 2019, Prince Edward Island’s economy was strong, outperforming the national average and leading the way in estimated GDP...
Prince Edward Island’s estimated budget surplus of $600,000 will nearly double, according to the latest projections. Finance Minister Allen Roach presented the fall fiscal update and second-quarter forecast (princeedwardisland.ca/en/information/finance/economic-and-fiscal-updates...
The Government of Prince Edward Island will be providing additional financial assistance to thousands of Islanders coping with increases in the cost of living, by providing an inflationary support payment to be distributed in January 2023 with the federal HST rebate. The support...
Piper was thrilled to get her new bike for her birthday, but her Mom Ashley was more excited that she was able to get a rebate when it was purchased. Ashley Pineau said she had been thinking about the new bike as a birthday present and when she saw the government rebate, "that...