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Province announces initial supports for Island’s most vulnerable
Premier King today announced initial investments to support the Island’s most vulnerable. “This is an unprecedented time in our province which calls for an immediate response. We recognize that Islanders are being impacted greatly by COVID-19 and the measures in place to mitigate...
Government provides economic and fiscal outlook for the province
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...
2020 Budget Address
Hon. Darlene Compton, Minister of Finance delivered the budget address to the Legislative Assembly of PEI on June 17, 2020. Gwe’, Bonjour, Good Afternoon. Mister Speaker, it is my honour to rise today to present the annual operating budget for 2020-2021 for the province of Prince...
Tourism Assistance Loan Program
A funding program has been developed by the Province of PEI to support the PEI Tourism Operators through a joint partnership of Finance PEI and Tourism PEI. This new program will provide funding in the form of a repayable loan to qualified applicants. Interest payments on loans approved through this program will qualify for interest relief (interest payment made behalf of the client) from Tourism PEI for a period of 18 months with Finance PEI offering principal deferrals to match the same 18 month period. The total obligation of the Government of Prince Edward Island under this Tourism...
After Action Review Post Tropical Storm Dorian
July 23, 2020 - The Government of Prince Edward Island has received the final report on its response to post-tropical storm Dorian that hit the province in September 2019.