Supporting Island families - Islanders will pay less in taxes this year due to decreases in taxes on gas and diesel. As of midnight, December 31, tax on gas is reduced by 3.42 cents per litre, with a 4.37 cents per litre reduction on diesel tax. “Islanders are working hard and...
Government has committed to returning all revenue from the carbon levy on gas and diesel directly back to Islanders. “Our made-in-PEI plan has always been to reach our climate change targets without costing Islanders,” said Finance Minister Heath MacDonald. “We will offset the...
The Second Quarter Forecast for 2018-19 indicates a surplus of $4,354,800, an improvement from the budgeted surplus of $1,474,700. “Prince Edward Island’s economy has seen solid economic growth over the last number of years and the trend continues into 2018,” said Finance...
Investing in Infrastructure The 2019-2020 Capital Budget will invest $156.6 Million in schools, affordable housing, mental health facilities and transportation infrastructure – the largest-ever capital budget in our province. “Our government has focused on building a strong...