June 18, 2020 2020-1595 Prince Edward Island budget 2020-21 discussed Prince Edward Island Finance Minister Darlene Compton tabled the province's fiscal 2020-21 budget on June 17. The budget contains tax measures affecting individuals and corporations. The minister anticipates a deficit of $172.7m for 2020-21 and projects reduced deficits for each of the next two fiscal years ($69.5m for 2021-22 and $38.4m for 2022-23). A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details. ——————————————— ATTACHMENT Full text of Tax Alert
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