PEI Tables Budget With Record $184-Million Deficit in Face of Economic Uncertainty

PEI Tables Budget With Record $184-Million Deficit in Face of Economic Uncertainty
Prince Edward Island's provincial flag flies in Ottawa, on July 6, 2020. The Canadian Press/Adrian Wyld
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The Prince Edward Island government has tabled a $3.5-billion budget with a projected record deficit of nearly $184 million for the 2025-26 fiscal year.

Finance Minister Jill Burridge says the $183.9-million deficit figure includes a $32 million tariff and trade contingency fund to guard against an economic downturn resulting from tariffs imposed by U.S. President Donald Trump.