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Good Afternoon. Bonjour. Kwe. Madam Speaker, It is with great pride and a profound sense of responsibility that I rise today to present this year’s capital budget—a plan that reflects not only the needs of today but the aspirations of tomorrow. Guided by the theme “Building for...
The purpose of the Grant-In-Lieu Taxes program is to provide limited financial support for approved non-profit organizations, community groups, or municipalities that are providing specified services in the community by forgiving (crediting) non-commercial provincial property taxes. Who is eligible? Non-profit organizations may be eligible for a Grant-in-Lieu of Property Taxes on the non-commercial portion of provincial real property taxes on properties they own or lease from the Province of PEI. What specific services are eligible? Property used for the following purposes may qualify if owned...
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...
The Residential Unit Development Incentive (RUDI) for Multi-Unit Residential Buildings announced by the Province of Prince Edward Island will provide financial support to encourage the development of newly constructed rental units by providing a diminishing property tax rebate...
What Geographic Information Systems (GIS) data is available? The following GIS data is available: Prince Edward Island Basemap Layer Civic Address Data An on-line Civic Address Locator is also available. It must be noted that civic address communities have been defined solely for...
Any business selling new tires (retailers) or bringing new and used vehicles into PEI for resale ( motor vehicle dealers) must be a registered vendor and charge Environment Tax on any new tires they sell in PEI. To apply for registered vendor certification: Complete and submit...
On November 6, 2025 Statistics Canada released preliminary Provincial Gross Domestic Product (GDP) by Income and Expenditure data for 2024 and revisions for 2022 and 2023. Real GDP 1 at Market Prices (Income and Expenditure Accounts) Canada’s real gross domestic product (GDP)...
The provincial government is increasing its supports for community organizations that provide important programs and services to Islanders who need them the most. Finance Minister Heath MacDonald and Family and Human Resources Minister Tina Mundy made the announcement today at...
The Retail Sales Tax is levied on the private transfer of designated property including a motor vehicle, snow mobile or ATV, pleasure craft, or aircraft. The tax is payable is situations where the person transferring the title or possession of the designated property is not HST...
The Rental Unit Property Tax Subsidy has been created to help offset increasing costs for landlords associated with the 2023 rental freeze. The subsidy aims to provide relief on provincial property taxes payable in 2023 and decrease landlord property tax costs. This will allow...