News and Insights

Prince Edward Island Budget 2009

Tax Development Apr 15, 2009

Provincial Treasurer Wesley J. Sheridan tabled the 2008-2009 Prince Edward Island Budget on April 16, 2009, which included only one significant commodity tax announcement.

Tobacco Tax
For the second consecutive year, as part of ongoing efforts to reduce smoking within the province and provide funding for various health care initiatives, the price of a carton of cigarettes will increase by $5 per carton, effective at midnight on April 16, 2009.

Further details on the 2009-2010 Prince Edward Island Budget are available on the province’s web site at: