Pre-Budget Consultations

With a strong economy and sound financial management, the Government of Prince Edward Island is working to achieve a balanced budget in 2017-18.

Balanced Budget

We want to hear from Islanders about your ideas and suggestions on ways to manage tax dollars.

What would you do with a balanced budget?

Carbon Pricing

In December 2016, the federal government and the provincial governments committed to the pan-Canadian framework on climate change. The framework requires provinces to implement a range of actions to reduce carbon pollution. Among them is the requirement to put a price on carbon pollution. In a statement in the Legislature on December 13, 2016, the premier outlined a made-in-Prince Edward Island approach for clean economic growth and climate change. Key to the approach is to introduce a price on carbon pollution. Main features of the approach to carbon pricing will include:

  • fiscally neutral
  • with tax returns to Islanders
  • investments in efficiency support
  • improved clean infrastructure
  • the carbon price will not extend to agriculture and fisheries
  • no change to our HST policy on home heating fuel
  • effective 1 January 2018.

Pricing in 2018

Under the pan-Canadian framework the minimum price is set at $10 per tonne beginning in 2018.  This is equivalent to about 2.22 cents per litre of gasoline. 

Pricing by 2020

Over time, the price is set to rise to $30 per tonne by 2020 or equivalent to 6.67 cents per litre.

What are your views on this proposed approach to carbon pricing? Let us know.

Give Your Input

There are a number of options for Islanders to provide input, as follows:

Consultation Meetings

Each session runs from 2:00 to 4:00 p.m. Pre-register for public meetings by calling (902) 368-5501.

  • Thursday, January 26, Montague (storm date January 27)
  • Thursday, February 2, Charlottetown (storm date February 3)
  • Thursday, February 9, Summerside (storm date February 10) French translation  provided.
  • Thursday, February 23, Tignish 

Feedback Dates

Deadline for feedback is February 24, 2017

Contact

Call: (902) 368-5501

Email: budgetsubmissions@gov.pe.ca

 

 

Finance department logo

General Inquiries

Department of Finance
2nd Floor South, Shaw Building
95 Rochford Street
P.O. Box 2000
Charlottetown, PE,   C1A 7N8

Phone: (902) 368-4040
Fax: (902) 368-6575

FinanceInquiries@gov.pe.ca