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2024 Owner-Occupied Residential Property Credit
In 2022 and 2023, the Government of PEI applied subsidies to owner-occupied property tax accounts to offset inflationary provincial tax increases for Islanders. Now, in 2024 the Government of PEI is providing the Owner-Occupied Residential Property Tax Credit. Without this new...
Condominium Corporation Registration and Governance
The rules for creating, operating and managing a condominium (condo) corporation in Prince Edward Island , including a vacant land condominium, are governed by the Condominium Act and Condominium Act Regulations (condominium legislation). The members of the condo corporation...
Annual Statistical Review shows PEI economy continues to grow
The 50th Annual Statistical Review shows that PEI still has the fastest growing economy among provinces, second only to the territory of Nunavut, despite economic expansion slowing for the second consecutive year. “We are marking 50 years of reporting to Islanders what they need...
Province signs Coordinated Vaping Products Taxation Agreement
Minister of Finance Jill Burridge and Minister of Health and Wellness Mark McLane issued the following statement: “The Government of Prince Edward Island is taking action to discourage vaping by signing a Coordinated Vaping Products Taxation Agreement with the Government of...
Budget Address 2024
Delivered by The Honourable Jill Burridge Minister of Finance and Chair of Treasury Board At the First Session of the Sixty-seventh General Assembly of the Prince Edward Island Legislature February 29, 2024. Good afternoon. Bonjour. Kwe. Madam Speaker, Members of the Legislative...
PEI 2023-2024 Public Accounts show continued growth
Today, the Government of PEI released all three volumes of Public Accounts which include the audited financial results for government from the 2023-2024 fiscal year and report a deficit of $14.8 million. The 2023-2024 fiscal year deficit is less than the $97.6 million budgeted...
Budget 2024 signals continued focus on healthcare, housing and affordability for all Islanders
Today, Hon. Jill Burridge, Minister of Finance, presented government’s 2024-25 operating budget to the legislative assembly, outlining $3.2 billion in investments for Prince Edward Island with a continued focus on healthcare, housing and affordability measures. “This budget...
2024 Fall Capital Budget Address
Good Afternoon. Bonjour. Kwe. Madam Speaker, It is with great pride and a profound sense of responsibility that I rise today to present this year’s capital budget—a plan that reflects not only the needs of today but the aspirations of tomorrow. Guided by the theme “Building for...