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.Report Typo/Error