Economic Growth Slowing as Population Continues to Boom: Prince Edward Island’s Three-Year Outlook—October 2023

Landscape with Confederation Bridge Leading to Prince Edward Island Canada

Economic Growth Slowing as Population Continues to Boom: Prince Edward Island’s Three-Year Outlook—October 2023

Provincial
Pages:14 pages16 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 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.

Healthy population growth is important for the economy, but how is it affecting the labour market, healthcare spending, and housing affordability? And how are higher interest rates impacting the valuable tourism sector?

Read the issue briefing to get our full analysis.

Key findings
Prince Edward Island snapshot
Overview
Population
Inflation and wages
Labour
Budget
Housing
Industry outlook
Methodology

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