Government has committed to returning all revenue from the carbon levy on gas and diesel directly back to Islanders. “Our made-in-PEI plan has always been to reach our climate change targets without costing Islanders,” said Finance Minister Heath MacDonald. “We will offset the...
New changes to the Basic Personal Amount and Business Tax Credit will provide more tax relief to Islanders and Island businesses. In Budget 2018 the Basic amount was raised by an additional $500 bringing the total to $8,660. Now, government is again raising the amount by $500...
The Province of Prince Edward Island ended the 2017-2018 fiscal year with a surplus of $75.2 million – the direct result of the hard work of Islanders, a strong economy, and the responsible spending of tax dollars. “Since 2015 we have been working hard to get our province’s...
The Prince Edward Island government is making it easier for Islanders to purchase their first home. Under the Down Payment Assistance Program (DPAP), the provincial government will provide interest-free loans – worth up to 5 percent of the purchase price of an eligible property –...
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...
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the real property is being purchased by first-time home buyers. What is the Real Property Transfer Tax first-time home buyers exemption? Real Property Transfer Tax that normally...
How can community members get involved? Residents of Savage Harbour are invited to attend three community engagement sessions, one each in October, November and December 2025. Each meeting builds upon the previous and attendance at all three is encouraged where possible, but not necessary. Community Meeting #1: Completed. Community Meeting #2: Completed. Community Meeting #3: Completed Community Meeting #4: January 19, 2026, 7:00 pm to 9:00 pm, Mount Stewart Community Centre (Storm Date January 20, 2026) Agenda: In-person ballot vote on final name recommendation by community residents (proof...
This section provides general information on Gasoline Tax including legislative authority, fuel type definitions and remittance requirements. What amendments have been made to the Gasoline Tax Act? Amendments to the Gasoline Tax Act have recently been passed in the PEI...
A provincial economic update and second-quarter budget forecast both contain positive news for Islanders. The economic update and second-quarter forecast were tabled in the legislature today by Finance Minister Allen Roach. At $7.9 million, the projected 2016-17 deficit is $1.7...
On this page: What is the Basic MyPEI Account? Who is eligible for a Basic MyPEI Account? What do I need to set up a Basic MyPEI Account? What services are available in a Basic MyPEI Account? What is the difference between a Basic MyPEI Account and a Verified MyPEI Account? Why...