This annual 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.
Provincial Outlook Long-Term Economic Forecast for Prince Edward Island: 2015
Provincial Outlook Long-Term Economic Forecast for Prince Edward Island: 2015
Provincial Economic Analysis
$635.00
- The migration of retirees to P.E.I. will result in an acceleration of the aging of the population when compared with Canada as a whole.
- By 2035, 30.2 per cent of the population will be over 65.
- This aging will limit potential output growth in P.E.I.
- The older population will maintain high demand for health care and social services.
- Manufacturing will continue to post relatively strong growth over the long term.
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