This election featured the first appearance of the democratic socialistCo-operative Commonwealth Federation in provincial Island politics. Though they had formed an association in 1936, they did not run any candidates provincially until this election. The CCF ran nine candidates throughout the Island and earned just over 2% of the popular vote, though no seats.
The Legislature of Prince Edward Island had two levels of membership from 1893 to 1996 - Assemblymen and Councillors. This was a holdover from when the Island had a bicameral legislature, the General Assembly and the Legislative Council.
In 1893, the Legislative Council was abolished and had its membership merged with the Assembly, though the two titles remained separate and were elected by different electoral franchises. Assembleymen were elected by all eligible voters of within a district, while Councillors were only elected by landowners within a district.