Prince Edward Island’s economy is driven a mix of traditional resources – agriculture, fishing and tourism – along with growing food, bioscience and advanced manufacturing sectors.
The economy of Prince Edward Island is successful because people, from every community and sector across our province, are passionate. Creativity, entrepreneurship and hard work are values that are rooted deeply here.
We continue to experience population growth, due in part to increased immigration. In fact, PEI is the only province in Atlantic Canada that has a population that is becoming younger.
Key Indicators
- On Prince Edward Island, full-time employment is higher than the national average in Canada.
- Typically, PEI hosts more than 1.5 million visitors annually.
- The Island is a lead innovator in wind energy with almost 24% of the province’s electrical needs powered through a combination of provincially owned and private wind developments.
Cost of living
Residents of Prince Edward Island enjoy a comfortable life, with relatively low costs of living. Although rising, housing and real estate costs remain among the lowest in the country. The province has one of the highest home ownership rates in the country.
Job and Career Opportunities
Career opportunities in Prince Edward Island are as diverse as the land we call home.
You can make a difference here. Our people and our companies have many unique stories, but keeping score has never been our thing.
