P.E.I. politics news — Premier Rob Lantz announced on September 21 that the province will dismantle IRAC, the 35-year-old quasi-judicial tribunal created in 1991, and replace it with two focused specialized bodies after an independent review concluded the old model is no longer working for Prince Edward Island.
By Maplestime News Desk | Charlottetown, Prince Edward Island | September 23, 2026
Sources: Government of P.E.I. news release, Law360 Canada | Last updated: September 23, 2026
Key Takeaways
- IRAC will be broken up into the P.E.I. Energy and Utilities Board and the P.E.I. Land and Appeals Board, supported by a shared administrative tribunal.
- The move follows Friday’s release of the interim report of the Independent Review of IRAC, led by commissioner Rory Francis, with 65 recommendations.
- The report found the 1991 model has been “overtaken by the breadth, complexity and specialization of the responsibilities now assigned to it.”
- Legislation to break up the commission comes this fall; a transition team will ensure no active appeal, application, licence, or rate proceeding is delayed, restarted, or disadvantaged.
- A “modern, merit-based” commissioner appointment system is promised, and the Residential Tenancy Office will be separated from IRAC with its own office and budget.
What “IRAC Dismantled” Actually Means for Islanders

IRAC currently does almost everything regulatory on the Island: it oversees electricity rates, fuel prices, land use, rental disputes, and planning appeals. Under the new structure, energy and utilities get their own dedicated board, while land, planning, and appeals get another — both backed by a shared administrative tribunal meant to keep the machinery running smoothly.
Why Lantz Says IRAC Is No Longer Working
The Premier did not mince words in the government’s news release: “IRAC was created in 1991 to bring three separate bodies under one roof. Thirty-five years later, that same organization is being asked to set electricity rates, protect farmland, hear tenant disputes and decide planning appeals, all at once. That model is no longer working for Prince Edward Island and change is needed.”
The interim report backs him up. Commissioner Rory Francis’s 65-recommendation interim report concluded that the structure set up in 1991 has been “overtaken by the breadth, complexity and specialization of the responsibilities now assigned to it.” One body trying to be an energy regulator, a land-use guardian, a rent referee, and an appeals court was always going to crack.

Fall Legislation and a Transition Team
Legislation to formally break up the commission arrives this fall. And Lantz made clear at his September 21 news conference that he is not waiting around: “The commissioner’s final report isn’t due until November, but I want to be clear: our government isn’t waiting for it. We’re getting to work today.”
A transition team will shepherd the changeover, with an explicit promise that no active appeal, application, licence, or rate proceeding will be delayed, restarted, or disadvantaged. Commissioner appointments will move to what the government calls a “modern, merit-based” system — a quiet admission that the old way of picking decision-makers needed sunlight.
Tenant Office Gets Its Own Roof
Buried in the announcement is a change renters will feel directly: the Residential Tenancy Office will be separated from IRAC entirely, with its own office and its own budget. For tenants and landlords who have fought their battles inside a sprawling regulator, a standalone office is a meaningful signal that housing disputes are getting dedicated attention.

Related: More Atlantic coverage from Maplestime’s Canada News desk.
Maplestime will provide updates from P.E.I.’s regulatory overhaul as announcements are made this fall.
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Will two new boards actually fix P.E.I.’s regulatory mess — or is IRAC Dismantled just rearranging the furniture at taxpayer expense? Tell us in the comments. And share this with every Islander who’s ever fought a rate hike or a rent dispute.
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