P.E.I. government moves to break up IRAC into two new regulatory bodies

Source: Prince Edward Island - Regional News
Date: 2026-09-21 17:05:04.0
Tags: [Prince Edward Island, Governance, Energy, Housing, Economy]

The Prince Edward Island government announced it will dismantle the 35-year-old Island Regulatory and Appeals Commission (IRAC) and replace it with two specialized regulatory bodies overseeing energy and utilities, and land use and appeals, respectively. Prompted by an interim independent review conducted by Rory Francis, the reform will establish a standalone Residential Tenancy Office reporting to the Minister of Housing and Communities, introduce a merit-based public appointment process for commissioners, mandate external reviews every six years, and create a public electricity consumer advocate. Legislation to enact these changes will be brought forward in the fall legislative session, with public feedback open until October 2, 2026, and the commissioner's final report due November 1, 2026.