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...
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...
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...
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...