Charlottetown MP Sean Casey happy with P.E.I.'s federal budget items

P.E.I. fared well in the federal budget released Wednesday with increases in transfer payments and other budget itemssays Charlottetown's federal member of parliament Sean Casey.

The increase in transfer payments totals $16 million with $10 million forequalization payments and $4.6 million for health transfer payments.

Casey said P.E.I. will also benefit from big ticket items in the federalbudget such as child care spaces and affordable housing.

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The federal government has budgeted $7 billion over 10 years tocreate 40,0000 child care spaces across Canada.

Also in the budget was $11billion dollars over 10 yearsfor affordable housing.

"Both of these things are absolutely priorities for Islanders and we'll be able to share in that very substantial investment in those two areas so this is a, it's a good news budget both at a specific and a general level."

The impact the transfer payments will have on Islanders will depend on how its managed by the province Casey said.

He added all levels of government are facing fiscal challenges, and the transfer payments should help ease those challenges somewhat.

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