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Prince Edward Island’s estimated budget surplus of $600,000 will nearly double, according to the latest projections. Finance Minister Allen Roach presented the fall fiscal update and second-quarter forecast ( www.princeedwardisland.ca/en/information/finance/economic-and-fiscal...

A third bond rating agency has reaffirmed the province’s debt rating as stable, again demonstrating government’s sound management of taxpayers’ dollars. Standard and Poor's (S&P Global) has joined Moody’s and DBRS in forecasting a stable outlook for the economy. The agency said...

The provincial deficit for the 2016-2017 fiscal year now stands at just $1.3 million, with the province on track to achieve a balanced budget in the current fiscal year. Thanks to good financial stewardship, a strong economy, and a focus on key priorities, the deficit of $1.3...

Islanders who received an e-mail titled “Tonight's Winner is Drawn in 10 Hours” should not click on the link it provides and are asked to delete the message. The provincial government’s e-mail newsletter system was accessed without authorization on Sunday, September 17. As a...

Public access to all government internet services has been restored after a broken fiber caused problems with the provincial government's network earlier today. Work was completed to successfully re-route data communications. Government apologizes for any inconvenience this...

Moody’s has joined with bond rating agency DBRS to reaffirm Prince Edward Island’s bond rating as stable, reflecting strong debt management practices. In its report released this week, Moody’s states that the province’s balanced 2017-18 operating budget and good fiscal...

DBRS has reaffirmed Prince Edward Island’s bond rating as stable, signaling that the province remains a good choice for potential investors and its economy is on the right track. The bond rating agency’s report states that Prince Edward Island’s economic outlook is positive and...