In 2022 and 2023, the Government of PEI applied subsidies to owner-occupied property tax accounts to offset inflationary provincial tax increases for Islanders. Now, in 2024 the Government of PEI is providing the Owner-Occupied Residential Property Tax Credit. Without this new...
The rules for creating, operating and managing a condominium (condo) corporation in Prince Edward Island , including a vacant land condominium, are governed by the Condominium Act and Condominium Act Regulations (condominium legislation). The members of the condo corporation...
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...
1. Agreement The Subscriber is deemed to have accepted the terms and conditions set out herein, which form the contract between the Government of PEI, Department of Finance, Taxation and Property records Division (“Taxation and Property Records”), and the Subscriber in respect to...
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...
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...
Each tender has its own general specifications and the supplier is obligated to meet the requirements of those specifications. An addendum is added to a tender posting to notify all suppliers of any change in tender specifications. You are advised to carefully review the tender...
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...
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...