A number of tax changes will be coming into effect in the New Year that will give Islanders more disposable income. The basic personal income tax amount will be raised to $10,000 from $9,160, the small business tax rate will drop by another 0.5 per cent to 3 per cent, and the low...
Find full details about Prince Edward Island's Economic and Fiscal Updates.
Today, Premier Dennis King and Finance Minister Darlene Compton tabled government’s capital budget that will see $156 million of planned spending on critical infrastructure through 2020-21 supporting the livelihood of Islanders and communities across the province. “It is because...
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...
Persons engaged in operations set out in the Gasoline Tax Act and regulations are eligible to receive a Marked Gasoline and Marked Diesel Oil Permit. Marked gasoline and marked diesel oil are sold exempt of gasoline tax. This form also includes the application for Bona Fide...
This section provides information for property owners on the public auction of property due to tax sale. What are property tax sales? A property may be sold at tax sale if property taxes and charges are in arrears for twenty-four (24) months or more and no acceptable payment...
The strong economic performance and debt management practices of Islanders and the provincial government are reflected in recent bond ratings. For the first time since 2000, DBRS has upgraded the province’s bond rating from A(low) to A. As well, Moody’s maintained the province’s...
The Annual Statistical Review, which provides a soci-economic analysis, shows that 2018 was another successful year for Prince Edward Island. “The Annual Statistical Review is an important reference document that provides up-to-date, accurate and impartial statistics on the...
The 44th edition of the Annual Statistical Review gathered data from provincial government departments, the private sector and Statistics Canada to provide a socio-economic snapshot of Prince Edward Island in 2017.
At the time of registering a deed of conveyance all purchasers must attached a completed Affidavit of Purchaser form and forward the documents to the Registry Office.