Taxes, Red tape top priority for Budget 2017

With PEI set to balance it's budget this year, small businesses say now is the time for tax and red tape relief.

PEI business optimism shows little change in January

Business optimism in Prince Edward Island remained about the same in January; the index finished the month at 64.6. Short-term hiring plans are mostly stable with the majority of business owners planning neither increases nor decreases in employment (73 per cent). About one-in-five respondents (18 per cent) foresee hiring, while only nine per cent plan on laying off people. One-in-two business owners say their firms are in good health and only five per cent report that their firms are in poor h

PEI introduces new red tape legislation

Legislation has now been tabled to follow through with Government's commitment last year that it would be introducing common legislation with Nova Scotia and New Brunswick to measure and report our regulatory burden.

PEI looks to create a newer and greener energy strategy

The provincial government recently started consultations on the creation of a new energy strategy addressing key energy challenges faced now and over the next 10 to 15 years. The draft document is heavily focused on renewable energy, sustainability, and energy efficiency, while promoting the development of a greener economy for the island.

PEI Government Reviews Minimum Wage

The PEI Employment Standards Board recently held an annual review of the provinces minimum wage. CFIB attended and urged the board to ‘hold the line’ on minimum wage increases. Instead, we proposed Government should make improvements to the province’s personal income tax system to help low-income workers.
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