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Cannabis Consultation Report - Preparation for Legislation
Cannabis Consultation Report - A summary of consultation results in preparing cannabis policy and legislation (December 2017)
New funding agreement for municipalities announced
The provincial government has announced an historic new way to fund the Island’s municipalities. Finance Minister Allen Roach today (November 6) outlined the funding changes in the Legislative Assembly. The new agreement will provide municipalities with more predictable funding...
Second Quarter Forecast for 2017/2018 (Fiscal Update)
The Fiscal Update provides an update on the state of the public finances of the Province of Prince Edward Island. It is prepared by the Department of Finance.
2017 Economic Update
The Economic Update is an annual report that examines key performance indicators of the Island economy like exports, consumer prices, primary industries, labour force, population and construction.
Provincial budget surplus nearly doubles
Prince Edward Island’s estimated budget surplus of $600,000 will nearly double, according to the latest projections. Finance Minister Allen Roach presented the fall fiscal update and second-quarter forecast (princeedwardisland.ca/en/information/finance/economic-and-fiscal-updates...
Government invests in infrastructure to support Islanders
Investing in infrastructure - The provincial government will invest more than $134 million over the coming year in the priority areas of education, health, transportation and communications technology. Prince Edward Island’s 2018-19 Capital Budget, presented by Finance Minister...
2018-2019 Provincial Capital Estimates
The Provincial Capital Estimates for 2018-2019 was presented on November 17, 2017 by the Minister of Finance and Chair of Treasury Board.
Province’s debt rating reaffirmed as stable
A third bond rating agency has reaffirmed the province’s debt rating as stable, again demonstrating government’s sound management of taxpayers’ dollars. Standard and Poor's (S&P Global) has joined Moody’s and DBRS in forecasting a stable outlook for the economy. The agency said...
Province reduces deficit by $8.25 million, on track to balance
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...