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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...
Hon. Darlene Compton, Minister of Finance delivered the budget address to the Legislative Assembly of PEI on February 24, 2022. Good Afternoon, Bonjour, Kwe. Mr. Speaker, Members of the Legislative Assembly, I am pleased to present the budget and estimates for the fiscal year...
Good Afternoon, Bonjour, Kwe. Mr. Speaker, I am pleased to share the planned capital spending by the Government of Prince Edward Island for the 2023-24 budgetary year. This assembly hears about the capital budget every year. But as Minister of Finance, this is my first time...
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...