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Prince Edward Island Premier Wade MacLauchlan speaks with media in Charlottetown on March 2, 2015. (Nathan Rochford For The Globe and Mail)
Prince Edward Island Premier Wade MacLauchlan speaks with media in Charlottetown on March 2, 2015. (Nathan Rochford For The Globe and Mail)

PEI tables budget with small surplus of $600,000 Add to ...

Prince Edward Island’s Liberal government delivered on a year-late promise to balance the province’s books today, tabling a budget with a projected $600,000 surplus for 2017-18.

The province says the operating surplus results from limiting the growth in expenditures while growing revenues.

The $1.8-billion fiscal plan includes a $35 million increase in health spending to $640 million — touted as the largest increase in nearly a decade.

Other spending plans include $1.2 million for mental heath and addictions, and funding for adding emergency-room doctors to reduce wait times.

There is also and additional $5.4 million for education, including $600,000 for more educational assistants and $100,000 to increase early years autism grants.

An adjustment to the basic personal amount is also expected to reduce provincial income taxes by $1.5 million for about 85,000 Islanders.

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