The provincial government will make tax changes so that Islanders and businesses can keep more money in their pockets as the province continues to recover from the effects of COVID-19. The changes are effective January 2022 and include: Increasing the basic personal income tax...
The Second Quarter Forecast for 2018-19 indicates a surplus of $4,354,800, an improvement from the budgeted surplus of $1,474,700. “Prince Edward Island’s economy has seen solid economic growth over the last number of years and the trend continues into 2018,” said Finance...
The 50th Annual Statistical Review shows that PEI still has the fastest growing economy among provinces, second only to the territory of Nunavut, despite economic expansion slowing for the second consecutive year. “We are marking 50 years of reporting to Islanders what they need...
Today, Finance Minister Darlene Compton provided the fall economic and fiscal update, which outlines for Islanders the province’s current economic position as it enters the new normal phase of living with COVID-19. Prince Edward Island experienced growth in the first quarter of...
The Annual Statistical Review released today, provides an analysis of the province’s economic state, shows areas that were affected by the COVID-19 pandemic, and highlights the resilience of PEI’s economy. The 47th edition gathers data from provincial government departments, the...
This publication is the Annual Report for the Department of Finance for the fiscal year ending March 31, 2020.