09 April 2018

Prince Edward Island budget 2018-19 discussed

Prince Edward Island Finance Minister Heath MacDonald tabled the province's fiscal 2018-19 budget on April 6. The budget contains several tax measures affecting individuals and corporations. The minister anticipates a surplus of $1.2m for 2017-18 (up from $600,000 projected in Budget 2017-18), a surplus of $1.5m for 2018-19, and surpluses for the 2019-20 and 2020-21 fiscal years.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

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Document ID: 2018-0757