To answer your question, you only pay to leave Prince Edward Island (if you choose to do so - LOL). A reservation is recommended for the 75-minute car ferry crossing from Wood Islands to Nova Scotia.
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Combined with a two per cent increase from last year, the cost for a car to use the ferry will be $94 beginning June 1. The Confederation Bridge is $50.25 paid when you leave the island. If you have never been on the ferry it is a beautiful trip.
There are two ferry services to consider if you are visiting PEI. The Northumberland Ferries connects Caribou, Nova Scotia to Wood Islands, and the Îles-de-la-madeleine ferry connects these wind-swept islands in the Gulf of St Lawrence to Souris.
By Ferry. Sail aboard Northumberland Ferries (link is external) (link is external)from Caribou, Nova Scotia and Wood Islands, Prince Edward Island. The 75-minute car ferry trip offers a pleasant break from driving.
Vehicles Via the Confederation BridgeBridge tolls are for the round trip and are paid only when leaving PEI. When choosing to leave or come to the Island by the bridge or the ferry, note that the bridge is the faster way, without schedules.
Travel from Caribou, Nova Scotia to Wood Islands, Prince Edward Island for free on a first come, first served basis. However, to guarantee your space, you must pre-book and pay the applicable fare. Note that whether booking one-way or round-trip travel, the fare is the same.
If you travel from tip to tip in a direct path (mostly route 2) it would take 3-4 hours. The coastal routes would take longer and would be more scenic.