Young People Providing Relief to Labour Market: Prince Edward Island’s Five-Year Outlook—September 2024

Young People Providing Relief to Labour Market: Prince Edward Island’s Five-Year Outlook—September 2024

Provincial
10 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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This quarter, we consider the effects of the continued seed potato export ban, a younger migration demographic, and weak wage growth on Prince Edward Island’s economic outlook.

Will the province’s inflation rate remain within the Bank of Canada’s target range throughout the forecast? What will be the effects of the provincial government’s latest population strategy? We share our forecast for the Island’s economy, including gross domestic product and the consumer price index.

Read the online experience to get our full analysis.

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