prince edward island

1:33PM
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P.E.I. government misses opportunity to correct fiscal course

According to the budget, the province will run its second consecutive deficit in 2024/25.


12:30PM
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P.E.I. government could balance budget with spending restraint

The province's debt interest costs will hit a projected $183 million by 2025/26.


9:30AM
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Homebuyers and renters vastly outpacing number of homes in P.E.I.

From 2016 to 2022, the province's population grew by 4.9 people (on average) per-home built each year.


12:00AM
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P.E.I. government must change course to restore fiscal sustainability

The province increased program spending by 11.5 per cent in 2022/23.


8:00AM
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Atlantic Canada lags behind rest of country on key employment indicators
The unemployment rate in Atlantic Canada was 8.7 per cent compared to 5.5 per cent in the rest of the country.

2:30AM
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Tax burden for P.E.I. families continues to grow

The average family in the province will pay more than 43 per cent of its income in taxes this year.


3:30AM
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P.E.I. lags behind most other provinces on employment income and other key metrics
The province's unemployment rate remained significantly above the national average throughout the entire 2010s.

9:49AM
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P.E.I. government should freeze spending in upcoming budget
Each resident of the province is responsible for $15,610 in provincial net debt.

12:00AM
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P.E.I. government should eliminate hidden tax in next budget

The province had the fifth-highest tax rate on personal income for those who made $50,000.