Budget 2022

2022 Prince Edward Island budget summary

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On February 24, 2022, Finance Minister Darlene Compton tabled Prince Edward Island’s 2022-23 budget (PEI Budget 2022).  

The Budget shows a deficit of $26.5 million for the 2021-2022 fiscal year as compared to $112.1 million in the previous budget. 

Fiscal results for the next three years are projected as follows: 

Year Projected surplus (deficit) 
2022-23  ($92.9 million) 
2023-24  ($51.9 million) 
2024-25  ($32.1 million)

Visit our Budget 2022 hub to learn more about all federal and provincial budgets. 

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