October 31, 2022 – Government of PEI: The Government of PEI released all three volumes of Public Accounts which include the audited financial results for government from the 2021-2022 fiscal year and report a surplus of $83.8 million.
Public Accounts is an annual financial summary and accountability report of the Government of Prince Edward Island, audited by the Auditor General.
“These positive figures released today follow a trend across the country and showcase the strong fiscal and economic position that we have worked hard with local businesses and communities to regain following the initial impacts of COVID-19,” says Finance Minister Mark McLane.
“As we continue to stay mindful of the global challenges that have presented themselves in growing inflation and rising interest rates, we are pleased to be in a positive position where we can focus on increased investments in areas of need and further development for our Province.”
Read the full news release here