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The evidence is clear—P.E.I. must balance its budget
The province's net debt will top $2.6 billion, which breaks down to $16,285 per Islander. ...
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P.E.I. budget misses mark with government spending increase
The provincial government projects a $112 million operating deficit this year. ...
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King government should set sights on budget balance
Government debt interest payments in P.E.I. currently amount to $123 million annually. ...
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Atlantic Canada's Precarious Public Finances
Canada’s four Atlantic provinces—Prince Edward Island, Nova Scotia, New Brunswick, and Newfoundland & Labrador—face long-term threats to fiscal sustainability. COVID-19 and the resulting economic downturn has only added to these challenges. Further, ...
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P.E.I.’s massive budget deficit could grow much larger
Appeared in the Charlottetown Guardian, July 14, 2020 The King government tabled its 2020 budget last month, amid a turbulent year for provincial finances in the wake of COVID-19. Highlights of the budget include increased government spending, a historic ...
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P.E.I government debt could balloon this year
The province's net government debt may rise 17 per cent in 2020/21. ...
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P.E.I. projects $172.7 million budget deficit, largest nominal deficit in province’s history
The government of Prince Edward Island tabled its 2020 budget on June 17, amid a turbulent year for provincial finances in the wake of COVID-19. Highlights of the budget include increased government spending, a historic deficit and a ...
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P.E.I. deficit may be bigger than forecasts
As the Prince Edward Island government prepares to table its operating budget in the coming weeks, policymakers find themselves in a much-changed fiscal environment. This time last year, the government tabled a budget that projected a ...
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Catching Up with Canada: A Prosperity Agenda for Atlantic Canada
Taken as a whole, Atlantic Canada is a lagging economic region in Canada. But this has not always been the case. The region has experienced significant periods of prosperity and economic optimism. This history gives hope that the region’s current status ...