Choose your settings

Choose your language
Other provincial budgets

Prince Edward Island: Budget 2026–27

Holding the Helm into Deeper Deficit Seas

April 15, 2026
Laura Gu, Senior Economist • Kari Norman, Senior Economist

In line with most provinces that have announced their budgets, Prince Edward Island (PEI) anticipates a deterioration in its bottom line, with projected deficits deepening to $415M (3.5% of nominal GDP) in FY2027, before narrowing slightly to $338M (2.6%) by FY2029. The deterioration in the bottom line is in part a result of slower revenue growth and elevated spending. While the province anticipates some improvement toward the outer years of the forecast, the updated outlook implies a materially weaker bottom line than previously expected.

PDF Publication

See the full publication in PDF.

NOTE TO READERS: The letters k, M and B are used in texts, graphs and tables to refer to thousands, millions and billions respectively. IMPORTANT: This document is based on public information and may under no circumstances be used or construed as a commitment by Desjardins Group. While the information provided has been determined on the basis of data obtained from sources that are deemed to be reliable, Desjardins Group in no way warrants that the information is accurate or complete. The document is provided solely for information purposes and does not constitute an offer or solicitation for purchase or sale. Desjardins Group takes no responsibility for the consequences of any decision whatsoever made on the basis of the data contained herein and does not hereby undertake to provide any advice, notably in the area of investment services. Data on prices and margins is provided for information purposes and may be modified at any time based on such factors as market conditions. The past performances and projections expressed herein are no guarantee of future performance. Unless otherwise indicated, the opinions and forecasts contained herein are those of the document’s authors and do not represent the opinions of any other person or the official position of Desjardins Group.