Visit archivenews.princeedwardisland.ca for news from 1996-2016
News before 1996 is not available online.
Visit archivenews.princeedwardisland.ca for news from 1996-2016
News before 1996 is not available online.
The province is releasing the fiscal and economic update that outlines the financial state of the province and the economic outlook for 2023. The Economic and Fiscal Update is an annual reflection provided after second quarter outlining what the Provincial Government expects its...
The Government of PEI is making changes to taxation initiatives which will leave more money in the pockets of vulnerable Islanders and charitable organizations. The changes being announced will further fulfil government’s commitment to Islanders and will be effective January 1...
Online submissions for pre-budget consultations open today allowing Islanders to share their input and ideas for the Province’s upcoming 2023-24 operating budget. In order to effectively and efficiently reach communities and stakeholders across the Island, pre-budget...
The Government of Prince Edward Island is announcing a new funding program to support the development of housing across PEI. The Residential Unit Development Incentive (RUDI) for Multi-Unit Residential Buildings provides financial support to encourage the development of newly...
Today, Premier Dennis King and Finance Minister Mark McLane tabled the provincial government’s capital budget outlining a record spend of over $1 billion dollars in investments to infrastructure across the province over the next five years, including $308.1 million in spending in...
Today, the Government of PEI released all three volumes of Public Accounts which include the audited financial results for government from the 2021-2022 fiscal year and report a surplus of $83.8 million. Public Accounts is an annual financial summary and accountability report of...
The Annual Statistical Review released today, provides an analysis of the province’s economic state, shows areas that continued to be affected by the COVID-19 pandemic, and highlights the re-emergence of PEI’s economy. The 48th edition gathers data from provincial government...
This week, over 90,000 Island residents will receive a relief payment to support those most affected by pressures brought on by inflation. The inflationary support payment is a provincially funded initiative that will be delivered in collaboration with the Canada Revenue Agency...
The Government of Prince Edward Island is providing a one-time subsidy to offset the increase in 2022 provincial residential tax due to the 2021 Consumer Price Index (CPI). The Property Tax Subsidy will be administered through the Provincial Taxation Office and will provide a one...
Today, Premier Dennis King and Finance Minister Darlene Compton delivered government’s 2022-23 operating budget that outlines $2.7 billion in spending to assist Islanders as PEI moves forward and transitions to growth and recovery. “The past 23 months have been incredibly...