Business for the Arts, Canada’s only national charitable organization with a mandate to strengthen the arts and culture sectors across Canada by building partnerships between the private and cultural sectors, announced today that its artsVest program expands coast to coast...
Mayor Dean Sexton sees a promising future for Borden-Carleton and its surrounding area that will be made brighter by grants from the McCain Foods Adjustment Fund. Nine businesses and the municipal government today were awarded a total of $2 million in grants from the transition...
Creating jobs for Islanders - Builders and contractors like Carson Gill are benefiting from an active 2017 for residential construction in Prince Edward Island. Housing starts are up 43.7 percent compared to 2016 and building permits have increased 23.8 percent. Gill, who owns...
Creating jobs for Islanders - Prince Edward Island’s minimum wage will remain the highest in Atlantic Canada when it increases by 30 cents to $11.55 per hour on April 1, 2018. “Given Prince Edward Island’s economic growth, it is very important that all Islanders benefit from...
Prince Edward Island Budget 2017 background notes on the economy
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.
The Prince Edward Island government is forecasting a $17.9 million deficit for the 2016-17 fiscal year, an $8.3 million increase over the budgeted deficit of $9.6 million. The increase in the deficit is a result of a $30 million reduction in HST payments from the federal...
Premier Wade MacLauchlan is asking the federal government to extend its consultation period and defer implementation of their proposed tax changes. The premier sent a letter to federal Finance Minister Bill Morneau in light of the significant concern and uncertainty in the...
The four Atlantic Provinces are joining together to proclaim Jan. 23 to 27 as Red Tape Awareness Week. As part of their commitment to achieve economic gains by reducing trade barriers and harmonizing their regulatory environments the four provinces have adopted a common Charter...