Prince Edward Island government forecasts $98-million deficit in annual budget

Prince Edward Island's provincial flag flies on a flagpole in Ottawa, Monday, July 6, 2020. THE CANADIAN PRESS/Adrian Wyld

CHARLOTTETOWN - The Prince Edward Island government tabled a $3.09-billion budget Thursday that forecasts a $97.6-million deficit and a promise to spend money for a new medical school to help the frail health-care sector.

Finance Minister Jill Burridge said the operating budget includes $3.09 billion in spending with $2.99 billion in revenues for the 2023-24 fiscal year.

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