Publication
Prince Edward Island Economic Indicators
Updated daily, this document contains Prince Edward Island economic indicators on the following statistical information:
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Publication
Budget Notes on the Economy 2018
An update to the economic situation of the Province of Prince Edward Island since the release of the 2017 Fall Economic Update. All information is current to March 27, 2018.
Information
2024 Owner-Occupied Residential Property Credit
In 2022 and 2023, the Government of PEI applied subsidies to owner-occupied property tax accounts to offset inflationary provincial tax increases for Islanders. Now, in 2024 the Government of PEI is providing the Owner-Occupied Residential Property Tax Credit. Without this new...
Information
Carbon Levy on Fossil Fuels
Prince Edward Island is actively participating in international efforts to combat climate change. The Province’s five-year Climate Change Action Plan provides a framework for both adapting to climate changes and to reducing greenhouse gas emissions. These efforts include working...
News Release
Islanders benefit from personal income tax changes
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...
News Release
Government providing supports for housing development
The Government of Prince Edward Island is announcing a new funding program to support the development of housing across PEI. The Residential Unit Development Incentive (RUDI) for Multi-Unit Residential Buildings provides financial support to encourage the development of newly...
Information
Cannabis and Driving
Driving while impaired by any drug, including cannabis, is illegal. Drivers who have used cannabis are up to six times more likely to get into a motor vehicle collision than drivers who are not impaired. Rules on driving and cannabis Impaired driving by any drug, including...
Information
Savage Harbour Renaming Process - FAQs
Why is Savage Harbour being renamed? Is it mandatory or optional? Savage Harbour is being renamed because the Geographical Names Board of Canada called upon all provinces, including PEI, to change the names of communities that include terms considered outdated and demeaning...
Information
Cannabis Policy and Legislation
On October 17, 2018, the Government of Canada legalized recreational cannabis use for adults. The Government of Canada continues to regulate access to cannabis for medical purposes. The main laws and regulations that govern recreational and medically-authorized cannabis use are...
Information
International Fuel Tax Agreement (IFTA)
This section provides information on the International Fuel Tax Agreement (IFTA) for Prince Edward Island interprovincial and interstate carriers. Under this agreement Prince Edward Island can issue a fuel tax license to Island carriers, which allows them to travel in all IFTA...