Prince Edward Island tables budget with small surplus of $600,000
CHARLOTTETOWN — The Prince Edward Island government tabled a budget with a $600,000 surplus Monday, the province’s first journey into black ink in more than a decade.
The turnaround from an estimated deficit of $18.9 million at the end of the most recent fiscal year was due to stronger economic performance and government controls on spending, said Finance Minister Allen Roach.
“Our plan for 2017-18 is responsible, responsive and reliable,” Roach said in the legislature.
“It is a blueprint for social and economic expansion — and it does so in a manner that is fiscally disciplined.”