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November 8, 2000
For immediate release

Prince Edward Island Economy Progress Report 2000

Provincial Treasury

Today Patricia Mella, Provincial Treasurer, released the Prince Edward Island Economy, Progress Report 2000. This publication presents the most current information available on the economy of Prince Edward Island, in 2000.

The report notes that the provincial economy is growing at a brisk pace. "The report documents the solid economic performance that the Island is enjoying this year," said Patricia Mella. "It is this evidence coupled with our balanced fiscal performance that led to the Dominion Bond Rating Service upgrade of the Province's credit rating earlier this year."

The Progress Report examines the PEI labour market, prices, tourism, consumer spending, manufacturing, construction, government and the primary industries. The vigorous economic growth of the province has continued in 2000 according to the year-to-date figures. The economic growth on PEI is highlighted by a strong export performance, significant employment gains and rising personal incomes.

Individuals and organizations wishing to receive a copy of the report can contact Island Information Service, or electronic copies can be obtained from the government internet site at

Island Information Service can be reached at: PO Box 2000, Charlottetown PE C1A 7N8; by phone at 368-4000 or toll free 1 (902) 236-5196; by fax (902) 368-5544; by e-mail at

Media Contact: Island Information Service
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