The province's spending is projected to increase by $664 million over the next three years.
Atlantic Canada Prosperity
Students in the province have missed at least 21 weeks of in-class learning in less than two years.
In the Maritimes, a larger share of provincial revenue comes from Ottawa than in any of the other provinces.
The recent inflow of people to the region does not mean the problem of outmigration has been solved.
The province spent more per-capita on health care than any other province.
The province's net debt will top $2.6 billion, which breaks down to $16,285 per Islander.
More than 267,000 Atlantic Canadians currently receive some form of EI benefit.
In 2019/20, equalization comprised 21 per cent of provincial government revenue in Prince Edward Island.
Government salaries and benefits comprise approximately 42 per cent of the province's spending.
Subscribe to the Fraser Institute
Get the latest news from the Fraser Institute on the latest research studies, news and events.