Prince Edward Island Fiscal Snapshot: Spring 2016
The Conference Board of Canada, 10 pages
June 22, 2016
This “fiscal snapshot” looks at the state of Prince Edward Island's economy and its government’s fiscal challenges, and provides a short- and medium-term outlook for the province.
- Prince Edward Island is expected to manage solid economic growth this year.
- Revenues will see strong growth, driven in part by an HST rate increase.
- The province is expected to balance its books in 2017–18 by relying on a modest degree of program restraint.