The 34th General Assembly of Prince Edward Island was in session from March 19, 1901, to November 9, 1904. The Liberal Party led by Donald Farquharson formed the government. In December 1901, Arthur Peters became Liberal party leader and Premier.
There were four sessions of the 34th General Assembly:
| Session | Start | End |
|---|---|---|
| 1st | March 19, 1901 | May 10, 1901 |
| 2nd | March 11, 1902 | April 18, 1902 |
| 3rd | March 19, 1903 | April 30, 1903 |
| 4th | March 24, 1904 | April 30, 1904 |
Samuel E. Reid was elected speaker.