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Fiona costs and inflation take big bite out of P E I financial position

The P.E.I. government says it spent $227 million more on programs than was budgeted for 2022-23, and it is laying the blame on post-tropical storm Fiona and inflation.

Prince Edward Island government forecasts $98-million deficit in annual budget

CHARLOTTETOWN - The Prince Edward Island government tabled a $3.09-billion budget Thursday that forecasts a $97.6-million deficit and a promise to spe.

P E I government releases budget projecting $97 6M deficit

Finance Minister Jill Burridge tabled her first provincial budget in the P.E.I. legislature Thursday, with an estimated deficit of $97.6 million next year and no plan for a balanced budget in the foreseeable future.

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