PEI looking to join a new “made-in-Ontario” pension plan

After breathing a sigh of relief with the end of talks to expand the Canada Pension Plan (CPP), small business owners in Ontario, Prince Edward Island and Manitoba are facing the even worse idea of a provincial pension plan.

PEI small business optimism continues slow, steady rise

Business optimism in Prince Edward Island is again up slightly in June—equaling its February level and better than any month in 2013. Net hiring plans are also strongly in positive territory with 27 per cent of firms expecting to add full-time staff compared to only 7 per cent that expect to cut back.

WCB finishes 2013 in a strong financial position

PEI's Workers' Compensation Board has released its 2013 Annual Report showing that it finished the year in a strong financial position.

Minimum wage jumps in PEI

While minimum wage earners are welcoming the announcement of a hike to their wage rate to $10.20 on June 1st and $10.35 on October 1st, government’s inaction on bracket creep will mean that the biggest winner will be government itself.

PEI’s hidden tax grab

Thanks to bracket creep, the PEI government conveniently collects millions more in personal income taxes that it should every year.
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