Prince Edward Island’s new capital budget will cut spending by $289 million, according to the provincial government. The 2027-2028 capital budget includes a five-year $1.34-billion capital plan, which represents a decrease from last year’s plan of $1.6 billion. “Our five-year capital plan is focused on getting the basics right by building the strong foundation Prince Edward Island needs to go into the future,” said Minister of Finance and Affordability Jill Burridge in a news release. “We need healthcare and education systems that work for Islanders.” The province plans to spend $113 million on the Three Rivers Health Campus and $69 million to complete a mental health campus. Other budget highlights include: For more P.E.I. news, visit our dedicated provincial page.
