P.E.I.'s contracts and tenders to American companies are down this fiscal year — but is it a trend?
CBC
The use of American contracts and services is down by nearly half on Prince Edward Island following tariffs and shaky trade relations under the Donald Trump administration.
Data from the province's Finance Department shows a drop in sole-source contracts and tenders awarded to American companies from former President Joe Biden to President Donald Trump.
In the past five fiscal years there was a rise in tenders and contracts to American companies as the world crawled out of the COVID-19 pandemic, to a high in that five-year span of 32 total contracts and tenders in the 2024-2025 fiscal year.
That was the last year of Biden's presidency. In the 2025-2026 fiscal, contracts and tenders sunk to a total of 17.
Fiscal year
Tenders
Sole-source contracts
Combined
2021-2022
1
12
13
2022-2023
4
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