Prince Edward Island’s Five-Year Outlook—December 2025

Prince Edward Island’s Five-Year Outlook—December 2025

Provincial Economic Analysis
14 min read

Author: Shane Brimacombe

$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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Trade Tensions to Weigh on Economic Growth

Will employment growth bounce back in 2026? What does growth in employment look like over the remainder of the forecast? Will the provincial government be able to find a path to balance the budget, with current projections of a record deficit in fiscal year 2025–26 and economic headwinds limiting growth? Will consumption growth slow as households brace for the possibility of economic hardship? What is the housing starts outlook for 2025, 2026, and 2027? And will the tourism industry benefit from the decrease in tolls to visit the province?

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