Prince Edward Island
Prince Edward Island Financial Administration Act (RSPEI 1988 c F-9)
Financial Administration Act RSPEI 1988 c F-9 (princeedwardisland.ca/en/legislation/financial-administration-act, HTTP 200); Audit Act RSPEI 1988 c A-24; Procurement Act RSPEI 2011 c P-22.02; Public Interest Disclosure and Whistleblower Protection Act RSPEI 2020 c 39
Prince Edward Island's fiscal transparency framework is governed by the Financial Administration Act (RSPEI 1988 c F-9, princeedwardisland.ca confirmed HTTP 200), which governs the Consolidated Fund, public accounts, and financial accountability. The Audit Act (RSPEI 1988 c A-24) establishes the Auditor General as an independent officer of the Legislative Assembly conducting financial and value-for-money audits. PEI has NO standalone IFI. The Procurement Act (RSPEI 2011 c P-22.02) governs public procurement. PEI has a Public Sector Salary Disclosure Act (RSPEI 1994 c P-31.1) covering senior employees. Fiscal year: April 1 to March 31.
Transparency Requirements
Budget Publicationmax 12 pts
| Budget publication required | ✓ Yes |
|---|---|
| Budget published online | ✓ Yes |
| Budget publication timeline | — |
| Machine-readable budget format | — |
| Draft budget required before adoption | ✓ Yes |
Expenditure Disclosuremax 12 pts
| Expenditure disclosure required | ✓ Yes |
|---|---|
| Expenditure granularity | department |
| Public expenditure portal required | — |
| Expenditure reporting frequency | annual |
Independent Auditmax 12 pts
| Audit required | ✓ Yes |
|---|---|
| Auditor independent of entity | ✓ Yes |
| Auditor selection method | appointed independent |
| Audit frequency | annual |
| Audit reports public | ✓ Yes |
| Audit scope | financial performance |
Contract & Procurementmax 10 pts
| Public bidding required | ✓ Yes |
|---|---|
| Contract publication required | ✓ Yes |
| Bid award disclosure | ✓ Yes |
| Beneficial ownership disclosure | No |
Debt & Liability Disclosuremax 10 pts
| Debt disclosure required | ✓ Yes |
|---|---|
| Pension liability disclosure | ✓ Yes |
| Contingent liability disclosure | ✓ Yes |
| Voter approval required for new debt | No |
Fiscal Reporting Frequencymax 10 pts
| Interim reporting required | ✓ Yes |
|---|---|
| Interim reporting frequency | quarterly |
| Year-end report deadline | 180 days after fiscal year |
| Citizens budget required | — |
Enforcement & Oversightmax 10 pts
| Non-compliance penalties | ✓ Yes |
|---|---|
| Fiscal oversight body | No |
| Whistleblower protections | ✓ Yes |
| Legislative budget office | No |
Revenue & Tax Transparencymax 8 pts
| Tax expenditure reporting | — |
|---|---|
| Revenue forecasting required | ✓ Yes |
| Tax rate publication | ✓ Yes |
| Fee schedule publication | ✓ Yes |
Compensation & Payrollmax 8 pts
| Salary disclosure required | ✓ Yes |
|---|---|
| Salary disclosure scope | executives |
| Pension benefit disclosure | — |
| Overtime reporting | — |
Capital & Asset Disclosuremax 8 pts
| Capital plan required | ✓ Yes |
|---|---|
| Asset inventory required | — |
| Surplus asset disposal transparency | — |