News Archives

The provincial government will make tax changes so that Islanders and businesses can keep more money in their pockets as the province continues to recover from the effects of COVID-19. The changes are effective January 2022 and include: Increasing the basic personal income tax...

Today, Premier Dennis King and Finance Minister Darlene Compton delivered government’s 2020-21 operating budget that outlines $2.5 billion in spending for programs to assist Islanders, businesses, and industry recover from COVID-19, while optimistically turning an eye to the...

The Province today released Volumes II and III of Public Accounts, which provides additional information regarding the financial results for government from the 2019-2020 fiscal year. Public Accounts is an annual summary and accountability report of the Government of Prince...

The Province today released Volume one of the 2019-2020 Public Accounts that show the audited financial results for government from the 2019-2020 fiscal year, including a surplus of $22 million. Public Accounts is an annual summary and accountability report of the Government of...

Islanders are reminded about the various ways they can provide their ideas and input for the upcoming provincial 2021-2022 operating budget. As a result of ongoing Gender and Diversity Analysis on pre-budget consultations and discussions with key stakeholders, this year’s...

Further opportunities, in the form of a virtual town hall and a public Facebook Live event, have been announced that will provide more opportunities for Islanders to submit their ideas and feedback on the upcoming budget. All pre-budget consultations will be virtual this year and...

A number of tax changes announced within the 2020-2021 Operating Budget will leave more money in the hands of Islanders and businesses now when they need it most. The changes include the increase of the Low-Income Reduction Threshold from $18,000 to $19,000, the increase in the...

Changes to regulations under the Liquor Control Act will allow alcohol delivery service to continue permanently in Prince Edward Island to help support Island businesses. Agency liquor stores, micro-breweries, wineries, distilleries, ferment-on-premise establishments, and...

Online submissions for pre-budget consultations open today for Islanders to share their input and ideas for the upcoming provincial 2021-22 operating budget. This year, all pre-budget consultations will take place virtually to meet current public health measures. Islanders can...