On September 24, 2025 Statistics Canada published its preliminary provincial population estimates for July 1, 2025. As of July 1, 2025, Prince Edward Island’s population was estimated to be 182,657.
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...
Prince Edward Island’s personal income tax is administered and collected by the federal government through the Canada Revenue Agency. PEI’s income tax rates and bracket structures are set by the Government of PEI and applied to federally defined PEI taxable income. Personal...