Prince Edward Island’s economic growth will slow over the forecast period. We see the same trend for its population over the period, with slow growth and aging posing challenges to the labour force and government budgets. Will immigration turn the tide on Prince Edward Island’s slowing population growth? Will young workers moving to the Island be sufficient to replace retirees in the workforce and boost government revenues? And how will investment in new construction meet current housing demand and accommodate new residents while also considering what increased demand for residential land could mean for Prince Edward Island’s farmers?
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Key findings
Overview
Demographics
Potential output
Investment
Housing
Consumption
Government
International trade
Industry
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