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Additional tax relief to benefit Islanders, small businesses
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...
Statement by Premier King on Small Business Week
Hon. Dennis King, Premier of Prince Edward Island issued the following statement on Small Business Week: “This week, we celebrate and thank the small businesses that are the backbone of our Island’s economy and communities. These businesses play a crucial role in our towns and...
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.
Islanders continue to drive strong economy, provincial surplus
A strong economy with high employment and good fiscal management have led to a $56.9 million surplus in the 2018-19 fiscal year for the Province of Prince Edward Island. “It is because of the strength of Islanders that we continue to experience a strong and healthy economy. It is...
2014 Budget Paper - Background Notes on the Economy
This document is an update of the economic situation of the Province since the release of the Fall Economic Update. Primarily, this document is a retrospective on the economic performance of the preceding (2013-2014) year.
Islanders invited to see businesses up close during Small Business Week
Islanders can see the inner workings of seven local businesses during Prince Edward Island’s first-ever PEI Open Business Day. Happening this Saturday, October 22, PEI Open Business Day is just one of the activities planned for Small Business Week 2016. “Small businesses are the...
Borden-Carleton area businesses awarded $2 million in McCain grants
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...