Island Information
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Economy
As a small province, Prince Edward Island has historically depended on the land and the sea as the basis for its primary industries - agriculture, fisheries and tourism.
Today, the Government of Prince Edward Island is building on these long-established sectors as well as capturing the potential of new industries. Through the Island Prosperity Strategy, the economy is diversifying with support for growth industries such as aerospace, bioscience, including agriculture and fisheries, information technology, and renewable energy.
Highlights of Prince Edward Island's 38th Annual Statistical Review - 2011 indicate:
• PEI is leading the nation in the rate of job creation and in non-residential construction.
• The number of jobs on PEI has increased by 2.0 per cent on a year-to-date basis.
• Total labour income increased by 4.1 per cent.
• Housing starts increased 24.3 per cent, the highest number of housing starts in PEI since 1988.
• Farm cash receipts increased by 17.5 per cent, an all time high for PEI.
• Fish landings increased by 8.8 per cent.
• Bridge traffic has increased by 2.4 per cent while cruise ship visits have decreased by 1.7 per cent.
• The value of manufacturing shipments increased by 0.3 per cent.
• The total value of exported goods increased by 5.5 per cent.
- 2006 Community Profiles for Prince Edward Island
- 38th Annual Statistical Review 2011 - published June 25, 2012 [PDF 3,442.24kb]
- Community Accounts
- Economics, Statistics and Federal Fiscal Relations
- Labour Market
- Revenue Tax (PST)+
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