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pei spending

Novembre 23, 2024 3:30AM

Dismal economic growth prospects should raise alarm bells in P.E.I.
Alex Whalen
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Dismal economic growth prospects should raise alarm bells in P.E.I.

The province's per-person GDP numbers tell a much different story than the aggregate economic growth numbers.

Étiquettes:
prince edward island, pei budget, PEI debt, pei spending, prince edward island budget
Octobre 14, 2024 1:00PM

Government policy hurts P.E.I. residents with modest incomes
Alex Whalen
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Government policy hurts P.E.I. residents with modest incomes
At $50,000 in income, Islanders face the fifth-highest tax rate among 61 jurisdictions in Canada and the United States.
Étiquettes:
prince edward island, pei spending, marginal tax rates, government policies
Mai 14, 2024 2:48PM

P.E.I. government’s policies hurting health-care recruitment effort
Alex Whalen, Mackenzie Moir
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P.E.I. government’s policies hurting health-care recruitment effort

At $75,000 in income, the province has the highest combined tax rate in Canada.

Étiquettes:
pei spending, prince edward island, healthcare, healthcare performance
Février 29, 2024 1:33PM

P.E.I. government misses opportunity to correct fiscal course
Jake Fuss, Alex Whalen
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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.

Étiquettes:
pei budget, PEI debt, pei spending, prince edward island, prince edward island budget
Février 22, 2024 12:30PM

P.E.I. government could balance budget with spending restraint

Alex Whalen
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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.

Étiquettes:
pei budget, prince edward island, prince edward island budget, PEI debt, pei spending
Octobre 10, 2023 12:00AM

P.E.I. government must change course to restore fiscal sustainability
Alex Whalen, Jake Fuss
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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.

Étiquettes:
prince edward island, prince edward island budget, pei spending, PEI debt, pei budget
Juillet 28, 2023 10:25AM

P.E.I. government could eliminate business income taxes by ending corporate welfare

Tegan Hill, Alex Whalen
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P.E.I. government could eliminate business income taxes by ending corporate welfare

The province spent $171 million on business subsidies in 2019.

Étiquettes:
corporate welfare, business subsidies, prince edward island, pei spending, business investment
Juillet 3, 2023 2:30AM

Tax burden for P.E.I. families continues to grow

Evin Ryan, Alex Whalen
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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.

Étiquettes:
tax burden, total tax burden, prince edward island, PEI debt, pei spending
Mai 26, 2023 3:10PM

P.E.I. government delivers modest tax relief but fiscal clouds loom large
Alex Whalen, Jake Fuss
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P.E.I. government delivers modest tax relief but fiscal clouds loom large

The province's net debt will reach a projected $3.2 billion by 2025/26.

Étiquettes:
PEI debt, pei spending, pei budget, debt and deficit
Mai 22, 2023 3:30AM

P.E.I. lags behind most other provinces on employment income and other key metrics
Ben Eisen, Alex Whalen
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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.
Étiquettes:
prince edward island, prince edward island budget, PEI debt, pei spending