Prince Edward Island Finance News

Government has carefully considered the report of the Lands Protection Act Commissioner, Horace Carver, and will adopt its major recommendations in the coming months, says Premier Robert Ghiz. 'I asked Commissioner Carver to ensure the Act still met today's needs,' said Premier Ghiz. 'Over several months, he reviewed the legislation and held public meetings right across the Island to ensure everyone had a chance to be heard. His report is well done...

The 2014-2015 Capital Budget will invest over $73 million in infrastructure projects across the Province, says Finance, Energy and Municipal Affairs Minister Wes Sheridan.'Our stimulus budgets kept Islanders working, and the economy moving ahead, during the global economic downturn,' said Minister Sheridan. 'Now that spending is back to traditional levels it is important to preserve, and build upon, all we were able to accomplish during those years...

The Island's fiscal outlook has improved, with bright spots in employment growth and the primary industries, said Finance, Energy and Municipal Affairs Minister Wes Sheridan. 'Our economy remains resilient following the global economic downturn,' said Minister Sheridan. 'We are on the right track to reach a balanced budget.'The 2013/14 deficit is now expected to come in at $57.7 million, which is a $1.2 million improvement over the budgeted deficit...

The Task Force on Land Use Policy is holding an open house at the Emerald Community Centre on Saturday, November 23, to provide a further opportunity for those with an interest in the future of land use to share their ideas. The open house will be held from 9 to 10 a.m., followed by a presentation and discussion from 10 a.m. until noon. 'The future of land use in Prince Edward Island is an issue that affects all Islanders,' said John Handrahan, chair...