Population Growth to Boost Economy, Create Challenges: Prince Edward Island’s Three-Year Outlook—July 2023

Landscape with Confederation Bridge Leading to Prince Edward Island Canada

Population Growth to Boost Economy, Create Challenges: Prince Edward Island’s Three-Year Outlook—July 2023

Provincial
Pages:14 pages15 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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This quarter, we look at the economic growth in the province, its population, the housing situation, and how events have affected certain sectors of the economy. What has been the impact of population growth on housing and P.E.I. finances? How has Hurricane Fiona affected the province? Will potato farmers fully recover from the export ban?

Read the data briefing to get our full analysis.

Key findings
Prince Edward Island snapshot
Overview
Population
Inflation and wages
Fishing and Agriculture
Tourism
Healthcare
Housing
Manufacturing
Methodology

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