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

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

Provincial Economic Analysis
13 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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Immigration Reversal

This quarter we offer a five-year forecast for the provincial economy of Prince Edward Island, including GDP, labour market conditions, and outlooks for various industries.

What will population growth look like the next three to five years? How will the labour market fare? What will the unemployment rate look like? After a weak 2024, will growth in consumption get back on track over the next two years? After reaching an all-time high last year, will housing starts go up or down? And what is the bright stop for the Island over the outlook period?

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