At $50,000 in income, Islanders face the fifth-highest tax rate among 61 jurisdictions in Canada and the United States.
pei spending
May 14, 2024
2:48PM
At $75,000 in income, the province has the highest combined tax rate in Canada.
February 29, 2024
1:33PM
According to the budget, the province will run its second consecutive deficit in 2024/25.
February 22, 2024
12:30PM
The province's debt interest costs will hit a projected $183 million by 2025/26.
October 10, 2023
12:00AM
The province increased program spending by 11.5 per cent in 2022/23.
July 28, 2023
10:25AM
The province spent $171 million on business subsidies in 2019.
July 3, 2023
2:30AM
The average family in the province will pay more than 43 per cent of its income in taxes this year.
May 26, 2023
3:10PM
The province's net debt will reach a projected $3.2 billion by 2025/26.
May 22, 2023
3:30AM
The province's unemployment rate remained significantly above the national average throughout the entire 2010s.
May 11, 2023
9:49AM
Each resident of the province is responsible for $15,610 in provincial net debt.