Very recently, we have become aware of a limited breach that has occurred in relation to the ransomware event, and at this stage, it appears that a small amount of data was moved from Government of PEI servers. As a proactive measure, government officials will communicate with...
On Sunday afternoon (February 23), Government discovered malware on its network, and extensive efforts continue to be taken to ensure Islanders’ personal information is protected. Best practice measures to combat the malware were immediately put in place, and an extensive...
Islanders are invited to participate in pre-budget consultations taking place in the coming weeks to share their ideas and priorities that will help create the upcoming budget for the province. Minister of Finance, Darlene Compton will hold consultations on the 2020-21 Budget...
A number of tax changes will be coming into effect in the New Year that will give Islanders more disposable income. The basic personal income tax amount will be raised to $10,000 from $9,160, the small business tax rate will drop by another 0.5 per cent to 3 per cent, and the low...
Find full details about Prince Edward Island's Economic and Fiscal Updates.
Today, Premier Dennis King and Finance Minister Darlene Compton tabled government’s capital budget that will see $156 million of planned spending on critical infrastructure through 2020-21 supporting the livelihood of Islanders and communities across the province. “It is because...
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...
Population projections are a fundamental tool to understand the trends in the overall size and composition of a population.
The strong economic performance and debt management practices of Islanders and the provincial government are reflected in recent bond ratings. For the first time since 2000, DBRS has upgraded the province’s bond rating from A(low) to A. As well, Moody’s maintained the province’s...