The 54th General Assembly of Prince Edward Island was in session from June 6, 1978, to March 27, 1979. The Liberal Party led by Alex Campbell formed the government. Bennett Campbell became party leader and Premier in September 1978.
Russell Perry was elected speaker.
There was one session of the 54th General Assembly:
| Session | Start | End |
|---|---|---|
| 1st | June 6, 1978 | July 12, 1978 |