The provincial deficit for the last fiscal year is $13.1 million, a $6.8 million improvement from the original budget. The numbers are contained in the 2015-16 Public Accounts – or “blue books” - which were tabled today in the legislature by Finance Minister Allan Roach. The...
The complete story of Prince Edward Island’s population, social makeup, and economy can be found in the 42nd edition of the province’s Annual Statistical Review for 2015. “The Annual Statistical Review is one of the most important documents produced by the Government of Prince...
A strong economy with high employment and good fiscal management have led to a $56.9 million surplus in the 2018-19 fiscal year for the Province of Prince Edward Island. “It is because of the strength of Islanders that we continue to experience a strong and healthy economy. It is...
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...
Premier Wade MacLauchlan is asking the federal government to extend its consultation period and defer implementation of their proposed tax changes. The premier sent a letter to federal Finance Minister Bill Morneau in light of the significant concern and uncertainty in the...
Did you buy a new car or eat a lot of lobster last year? You’re not alone. In 2015 Islanders bought more cars and lobster than ever before. Our population and economy continue to grow and we’re shipping more of our world-class products around the globe than we ever have before...
Premier Dennis King announced today changes to the senior management team of government. Paul Ledwell, Clerk of Executive Council, Secretary to Cabinet and Deputy Minister to the Premier recently indicated that he will be leaving his current role as of May 7, 2021 to take another...