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2023 Rental Unit Property Tax Subsidy
The Rental Unit Property Tax Subsidy has been created to help offset increasing costs for landlords associated with the 2023 rental freeze. The subsidy aims to provide relief on provincial property taxes payable in 2023 and decrease landlord property tax costs. This will allow...
Province presents 2022-2023 Fiscal Update
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...
Increasing HST rebate for charitable organizations among list of beneficial tax changes for Islanders
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...
Islanders invited to give their input during pre-budget consultations
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...
Government providing supports for housing development
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...
Residential Unit Development Incentive for Multi-Unit Residential
The Residential Unit Development Incentive (RUDI) for Multi-Unit Residential Buildings announced by the Province of Prince Edward Island will provide financial support to encourage the development of newly constructed rental units by providing a diminishing property tax rebate...