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Rebound P E I budget expects $112-million deficit

Save to Read Later CHARLOTTETOWN - Prince Edward Island s Tory government is projecting a $112-million deficit in a budget it is billing as a step on the road to recovery from the COVID-19 pandemic. Prince Edward Island Premier Dennis King speaks after announcing a cabinet shuffle in Charlottetown, Thursday, Feb. 4, 2021. Added spending as Prince Edward Island recovers from the COVID-19 pandemic is expected to add another $112 million in red ink to the province s public finances. THE CANADIAN PRESS/John Morris CHARLOTTETOWN - Prince Edward Island s Tory government is projecting a $112-million deficit in a budget it is billing as a step on the road to recovery from the COVID-19 pandemic.

P E I budget deficit for next year forecast at $112 million

The P.E.I. budget deficit is on the way down, but the King government does not see it being eliminated in the next three years as the province continues to emerge from last year's pandemic-induced recession.

P E I boosts investment in early childhood education

COVID-19 on P E I : What s happening Friday, March 12

COVID-19 on P.E.I.: What s happening Friday, March 12 Circuit breaker measures imposed in late February after a worrying spike in COVID-19 cases among young people in Summerside and Charlottetown are coming to an early end and P.E.I. Finance Minister Darlene Compton presented the provincial operational budget. Social Sharing CBC News · Posted: Mar 12, 2021 6:43 AM AT | Last Updated: March 13 P.E.I. Finance Minister Darlene Compton brought down the province s 2021-22 operating budget on Friday.(Kirk Pennell/CBC) Circuit breaker measures imposed in late February after a worrying spike in COVID-19 cases among young people in Summerside and Charlottetown are coming to an early end. As of 8 a.m. Saturday, Islanders will be able to participate in sports games, stay out at restaurants later and gather in larger numbers. 

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