P.E.I. tables budget with record $184-million deficit in face of economic uncertainty

P.E.I. projects record $183.9M deficit in budget designed with population growth, trade war in mind

Prince Edward Island is projecting the largest budget deficit in its history for the 2025-2026 fiscal year, according to the province’s latest budget, tabled in the legislature Thursday by Finance Minister Jill Burridge.

PEI Tables Budget With Record $184-Million Deficit in Face of Economic Uncertainty

The Prince Edward Island government has tabled a $3.5-billion budget with a projected record deficit of nearly $184 million for the 2025-26 fiscal year. Finance Minister Jill Burridge says the $183.9-million deficit figure includes a $32 million tariff and trade contingency fund to guard against an economic downturn resulting from tariffs imposed by U.S. President Donald Trump. Burridge says the budget includes $294.6 million in new spending, an…

P.E.I. tables budget with record $184-million deficit in face of economic uncertainty

The budget includes $294.6 million in new spending, an increase of 9.1 per cent over last year

'This is scary': Opposition sounds alarm over forecast that P.E.I. deficit will set a record #Canada #CDNNews #PEINews #PrinceEdwardIslandNews #AtlanticCanada

Opposition MLAs say they are concerned about Prince Edward Island’s newest budget, which includes the largest deficit in the province’s history. Rob Lantz’s Progressive Conservative government tabled the 2025-26 operating budget on Thursday, projecting a $183.9-million deficit. The previous record deficit was in 2020-2021, the first year of the COVID-19 pandemic, when the province recorded a $172.7 million deficit. “This is scary… It is the larg…

Good trust values, but disastrous budget situation. How the finance minister can use his confidence bonus in the fight against the excessive state deficit.

On Thursday, the Government of Prince Edward Island tabled a $3.5 billion budget with a record projected deficit of $183.9 million for fiscal year 2025-2026. The Minister of Finance,...