It’s All About Population Growth: Prince Edward Island’s Outlook to 2045—April 2024

It’s All About Population Growth: Prince Edward Island’s Outlook to 2045—April 2024

Provincial
Pages:15 pages13 min read

Author: The Conference Board of Canada

$705.00

This briefing examines the long-term outlook for Prince Edward Island, including gross domestic product, population growth, and business investment. We see demographic factors, mainly immigration, as being key to the province’s future prospects.

Want a discount? Become a member by purchasing a subscription! Learn More

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?

Read the issue briefing to get our full report.

Key findings
Overview
Demographics
Potential output
Investment
Housing
Consumption
Government
International trade
Industry

Require an accessible version of this research?

Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.

Learn more about our accessibility policies.

Reviews

Be the first to review “It’s All About Population Growth: Prince Edward Island’s Outlook to 2045—April 2024”

There are no reviews yet.