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Budget Notes on the Economy 2018
An update to the economic situation of the Province of Prince Edward Island since the release of the 2017 Fall Economic Update. All information is current to March 27, 2018.
Additional tax relief to benefit Islanders, small businesses
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...
Islanders continue to drive strong economy, provincial surplus
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...
2014 Budget Paper - Background Notes on the Economy
This document is an update of the economic situation of the Province since the release of the Fall Economic Update. Primarily, this document is a retrospective on the economic performance of the preceding (2013-2014) year.
Budget benefits Islanders thanks to strong economy and responsible government spending
The provincial government will again deliver a balanced budget while continuing to invest in frontline services like healthcare, education and families. Finance Minister Heath MacDonald presented the 2018-19 operating budget to the Legislative Assembly today. The budget is...
Province announces support for essential workers, small business and fisheries
Today, the Province of Prince Edward Island announced additional investments to support essential workers, small businesses, and the fishing and aquaculture industries as the province moves into its renewal phase of the pandemic. This includes a wage top-up for certain essential...