Population Growth Causing Housing Ordeal: Prince Edward Island’s Five-Year Outlook—December 2023

Landscape with Confederation Bridge Leading to Prince Edward Island Canada

Population Growth Causing Housing Ordeal: Prince Edward Island’s Five-Year Outlook—December 2023

Provincial
Pages:14 pages20 min read

Author: The Conference Board of Canada

$705.00

This quarterly economic forecast for the province of Prince Edward Island examines the economic outlook for the province, including gross domestic product (GDP), output by industry, and labour market conditions.

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This quarter, we offer a five-year economic forecast for Prince Edward Island, examining economic growth, population trends, household consumption, and output in various sectors of the economy. Will immigration buoy the labour force sufficiently to offset the wave of retirements expected from the Island’s aging population? Will the housing supply keep up with demand? Will tourism return to pre-pandemic levels?

Read the issue briefing to get our full analysis.

Key findings
Prince Edward Island snapshot
Overview
Labour and population
Consumption
Housing
Business investment
Tourism
Industry
Methodology

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