Changes to personal income tax rates that came into effect January 1, 2025, will help Islanders keep an estimated $20 million of their money this calendar year alone. “We're listening to Islanders who are asking for relief to help ease the cost of living.This is the sixth...
The provincial government is increasing its supports for community organizations that provide important programs and services to Islanders who need them the most. Finance Minister Heath MacDonald and Family and Human Resources Minister Tina Mundy made the announcement today at...
Changes to personal income tax rates that took effect January 1, 2026, will help Islanders keep an estimated $20 million more of their money this calendar year. Some of the tax changes that came into effect include increases to the following: basic personal amount up from $14,250...
Hon. Heath MacDonald, Minister of Finance delivered the budget address to the Legislative Assembly of PEI on Friday, April 6, 2018. Mister Speaker, it gives me great pleasure and pride to rise today to present an economic and fiscal plan for Prince Edward Island in the coming...
The Honourable Allen F. Roach announced today that he is stepping down from his position as Prince Edward Island’s minister of Finance effective immediately. He will continue to serve as a proud member of the Legislative Assembly for District 3, Montague-Kilmuir. “As I have...
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...
The provincial deficit for the 2016-2017 fiscal year now stands at just $1.3 million, with the province on track to achieve a balanced budget in the current fiscal year. Thanks to good financial stewardship, a strong economy, and a focus on key priorities, the deficit of $1.3...
Cannabis Consultation Report - A summary of consultation results in preparing cannabis policy and legislation (December 2017)
Today, Premier Dennis King and Finance Minister Darlene Compton delivered government’s 2020-21 operating budget that outlines $2.5 billion in spending for programs to assist Islanders, businesses, and industry recover from COVID-19, while optimistically turning an eye to the...
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...