Property taxes subsidy halts 5 per cent hike for P.E.I. homeowners | SaltWire

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CHARLOTTETOWN, P.E.I. — Provincial property taxes will be frozen again for P.E.I. homeowners in 2023. Annual property tax increases happen automatically ...

Because of this, the subsidy will cover up to 10 per cent of assessed value — five for this year and five for 2022 — to ensure what Islanders actually pay stays the same as 2021.

“Similar to the 2022 property tax initiative, the 2023 property tax subsidy will be administered through the provincial taxation office.”More information on the property tax subsidy isLogan MacLean is a diversity reporter with the SaltWire Network in Prince Edward Island. He can be reached by email at

 

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