The province increased program spending by 11.5 per cent in 2022/23.
prince edward island budget
The province had the fifth-highest tax rate on personal income for those who made $50,000.
Among nine P.E.I. premiers since 1965, Premier King has overseen the third-highest average annual increase in per-person spending.
The province will increase its net debt to $2.7 billion this year.
The Maritime provinces receive a larger share of their revenue from federal transfers than any other province.
The province's level of private-sector investment per worker was the second-lowest in Canada.