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...
Today, Hon. Jill Burridge, Minister of Finance, presented the Government of Prince Edward Island’s 2025-26 operating budget to the legislative assembly, outlining over $3.5 billion in investments to support Island workers, strengthen our economy, and build a more secure future...
Changes to regulations under the Liquor Control Act will allow alcohol delivery service to continue permanently in Prince Edward Island to help support Island businesses. Agency liquor stores, micro-breweries, wineries, distilleries, ferment-on-premise establishments, and...
Effective July 1, changes to the general business tax rate and the small business tax threshold are expected to save Island businesses an estimated $9.3 million this fiscal year. Changes include decreasing the general tax rate for businesses from 16 per cent to 15 per cent and...
A number of tax changes announced within the 2020-2021 Operating Budget will leave more money in the hands of Islanders and businesses now when they need it most. The changes include the increase of the Low-Income Reduction Threshold from $18,000 to $19,000, the increase in the...
The Community Economic Development Business (CEDB) program is a method for Islanders to invest in economic development within their community.