The recent inflow of people to the region does not mean the problem of outmigration has been solved.
Atlantic Canada Prosperity
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.
At $2,055 per person, the province's government debt burden is the highest in Canada.
The string of deficits will increase Nova Scotia’s government debt by nearly 40 per cent from 2019/20 to 2024/25.
The provincial government projects a $112 million operating deficit this year.
Government debt interest payments in P.E.I. currently amount to $123 million annually.
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