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SUMMARY OF SELECTED ECONOMIC INDICATORS P.E.I. FARM INCOME & FARM CASH RECEIPTS STATISTICS P.E.I. NEW MOTOR VEHICLE & RETAIL SALES STATISTICS P.E.I. EMPLOYMENT INSURANCE & LABOUR INCOME STATISTICS P.E.I. EXPORT & EMPLOYMENT by INDUSTRY STATISTICS P.E.I. MANUFACTURING SHIPMENTS STATISTICS (NA) P.E.I. MANUFACTURING SHIPMENTS STATISTICS (SA) P.E.I. HOUSING STATISTICS P.E.I. POPULATION STATISTICS P.E.I. LABOUR FORCE STATISTICS P.E.I. GROSS DOMESTIC PRODUCT, INCOME-BASED P.E.I. GROSS DOMESTIC PRODUCT at 2007 prices P.E.I. GROSS DOMESTIC PRODUCT BY INDUSTRY RECENT DATA GRAPHS HISTORICAL DATA GRAPHS P.E.I. CONSUMER PRICE INDEX
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Page 1: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

SUMMARY OF SELECTED ECONOMIC INDICATORS

P.E.I. FARM INCOME & FARM CASH RECEIPTS STATISTICS

P.E.I. NEW MOTOR VEHICLE & RETAIL SALES STATISTICS

P.E.I. EMPLOYMENT INSURANCE & LABOUR INCOME STATISTICS

P.E.I. EXPORT & EMPLOYMENT by INDUSTRY STATISTICS

P.E.I. MANUFACTURING SHIPMENTS STATISTICS (NA)

P.E.I. MANUFACTURING SHIPMENTS STATISTICS (SA)

P.E.I. HOUSING STATISTICS

P.E.I. POPULATION STATISTICS

P.E.I. LABOUR FORCE STATISTICS

P.E.I. GROSS DOMESTIC PRODUCT, INCOME-BASED

P.E.I. GROSS DOMESTIC PRODUCT at 2007 prices

P.E.I. GROSS DOMESTIC PRODUCT BY INDUSTRY

RECENT DATA GRAPHS

HISTORICAL DATA GRAPHS

P.E.I. CONSUMER PRICE INDEX

Page 2: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

S.A.: seasonally adjusted

S.A.: seasonally adjusted

S.A.: seasonally adjusted

20-Jan-21 Economic Indicators as ofPrepared by Economics, Statistics, and Federal Fiscal Relations Division

P.E.I. Department of Finance

130

135

140

Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20

ALL-ITEMS CONSUMER PRICE INDEX Prince Edward Island/Canada (2002=100)

P.E.I. Canada

68

70

72

74

76

78

80

82

Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20

in th

ousa

nds

EMPLOYMENT P.E.I. (S.A.) Prince Edward Island

130

140

150

160

170

180

190

Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20

CONSUMER PRICE INDEX: ENERGY Prince Edward Island (2002=100)

789

10111213141516

Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20

perc

ent

UNEMPLOYMENT RATE (S.A.) Prince Edward Island

020406080

100120140160180

Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20 Dec-20

Num

ber o

f Sta

rts

URBAN HOUSING STARTS Prince Edward Island

157.262

158.334 158.629

159.249 159.625 159.713

156.0156.5157.0157.5158.0158.5159.0159.5160.0

Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020

Thou

sand

s

QUARTERLY POPULATION ESTIMATES Prince Edward Island

$6

$11

$16

$21

$26

$31

$36

Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20

milli

ons

NEW MOTOR VEHICLE SALES Prince Edward Island

$150$160$170$180$190$200$210$220$230$240

Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20

milli

ons

RETAIL SALES (S.A.) Prince Edward Island

$0$50

$100$150$200$250$300$350$400

Sep-19 Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20

milli

ons

TOTAL LABOUR INCOME Prince Edward Island

02,0004,0006,0008,000

10,00012,00014,00016,000

Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20

pers

ons

EMPLOYMENT INSURANCE Total Number of Beneficiaries, P.E.I.

$0$10$20$30$40$50$60$70

Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20

milli

ons

BUILDING PERMITS Prince Edward Island

Non-residential Residential

$0$20$40$60$80

$100$120$140$160

Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020

in $

milli

ons

QUARTERLY FARM CASH RECEIPTS Prince Edward Island

Total receipts Potato receipts

$0

$50

$100

$150

$200

$250

Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20

milli

ons

MANUFACTURING SHIPMENTS Prince Edward Island

Total Shipments Non-Durable Goods

$0$20,000$40,000$60,000$80,000

$100,000$120,000$140,000$160,000

Nov-19 Jan-20 Mar-20 May-20 Jul-20 Sep-20 Nov-20

thou

sand

s

INTERNATIONAL EXPORTS OF GOODS Prince Edward Island

All exports Farm, Fishing and Food$800

$850

$900

$950

$1,000

$1,050

Oct-19 Dec-19 Feb-20 Apr-20 Jun-20 Aug-20 Oct-20

AVERAGE WEEKLY EARNINGS Prince Edward Island

Page 3: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

S.A.: seasonally adjusted

S.A.: seasonally adjusted

* revised data

S.A.: seasonally adjusted

Prepared by Economics, Statistics, and Federal Fiscal Relations DivisionP.E.I. Department of Finance

ANNUAL ECONOMIC INDICATORS

8090

100110120130140150

ALL-ITEMS CONSUMER PRICE INDEX Prince Edward Island/Canada (2002=100)

P.E.I. Canada

62646668707274767880

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

thou

sand

s

EMPLOYMENT P.E.I. (S.A.) Prince Edward Island

6080

100120140160180200220

CONSUMER PRICE INDEX: ENERGY Prince Edward Island (2002=100)

8

9

10

11

12

13

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

UNEMPLOYMENT RATE (S.A.) Prince Edward Island

0.01.02.03.04.05.06.07.08.0

2015 2016 2017 2018 2019

GROSS DOMESTIC PRODUCT GROWTH in current dollars

P.E.I.

0.0

1.0

2.0

3.0

4.0

5.0

6.0

2015 2016 2017 2018 2019

GROSS DOMESTIC PRODUCT GROWTH in chained 2012 dollars

P.E.I.

$0

$100

$200

$300

$400

$500

$600

2009 2011 2013 2015 2017 2019

milli

ons

ANNUAL FARM CASH RECEIPTS Prince Edward Island

Crop Receipts Direct payments Livestock receipts-$40

-$20

$0

$20

$40

$60

$80

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

milli

ons

NET FARM INCOME Prince Edward Island

$70$270$470$670$870

$1,070$1,270$1,470$1,670$1,870$2,070$2,270$2,470

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

milli

ons

MANUFACTURING SHIPMENTS Prince Edward Island

All shipments Non-Durable Goods

300400500600700800900

1,0001,1001,2001,3001,4001,5001,600

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

TOTAL HOUSING STARTS Urban and Rural, Prince Edward Island

125,000130,000135,000140,000145,000150,000155,000160,000165,000

2004 2006 2008 2010 2012 2014 2016 2018 2020

POPULATION ESTIMATES (July 1) Prince Edward Island

$100

$150

$200

$250

$300

$350

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

milli

ons

NEW MOTOR VEHICLE SALES Prince Edward Island

$1,000

$1,200

$1,400

$1,600

$1,800

$2,000

$2,200

$2,400

$2,600

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

milli

ons

RETAIL SALES (S.A.) Prince Edward Island

$1,600

$2,100

$2,600

$3,100

$3,600

$4,100

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

milli

ons

TOTAL LABOUR INCOME Prince Edward Island

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

pers

ons

EMPLOYMENT INSURANCE Total Beneficiaries, P.E.I.

51525354555657585

2014 2015 2016 2017 2018 2019 2020

thou

sand

s

EMPLOYMENT by SECTOR Prince Edward Island

Total employment Services-prod. sector Goods-prod. sector

$30$80

$130$180$230$280$330$380

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

milli

ons

BUILDING PERMITS Prince Edward Island

Non-residential Residential

$0

$500

$1,000

$1,500

$2,000

2008 2010 2012 2014 2016 2018

mill

ions

INTERNATIONAL EXPORTS OF GOODS Prince Edward Island

Total Exports Farm, Fishing and Intermediate Food

Page 4: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

Source: Statistics Canada, Tables 18-10-0004-01, 18-10-0005-01 January 20, 20212002=100

Charlottetown-Year CANADA P.E.I. Summerside Energy Food Shelter2007 111.5 113.6 113.2 150.6 113.7 119.52008 114.1 117.5 116.9 176.0 118.1 129.02009 114.4 117.3 117.1 147.7 124.6 123.82010 116.5 119.5 119.2 159.7 126.4 125.92011 119.9 123.0 122.4 179.4 132.0 128.92012 121.7 125.5 124.7 185.2 137.4 129.92013 122.8 128.0 127.2 193.4 138.8 133.02014 125.2 130.1 129.3 197.9 140.8 135.22015 126.6 129.3 128.8 167.3 146.4 131.82016 128.4 130.8 130.3 157.8 150.0 131.42017 130.4 133.2 132.5 169.3 146.8 133.82018 133.4 136.3 135.7 186.3 147.6 138.22019 136.0 137.9 137.2 179.2 152.9 139.02020 137.0 137.9 137.4 153.7 159.1 137.8

Month/Year:Dec-19 136.4 138.4 137.7 180.1 154.0 142.2Jan-20 136.8 139.0 138.4 181.5 157.4 142.3Feb-20 137.4 138.9 138.3 172.3 156.5 140.1Mar-20 136.6 137.5 136.9 153.5 157.7 138.8Apr-20 135.7 136.0 135.4 134.4 160.4 135.8May-20 136.1 136.1 135.6 134.9 160.2 133.5Jun-20 137.2 137.5 136.9 145.6 159.4 135.0Jul-20 137.2 138.2 137.7 153.6 161.7 136.8Aug-20 137.0 138.3 137.8 153.4 160.1 137.1Sep-20 136.9 138.2 137.7 152.4 158.6 137.8Oct-20 137.5 138.6 138.0 153.4 158.7 138.2Nov-20 137.7 138.3 137.9 150.9 159.1 138.6Dec-20 137.4 138.2 137.7 158.1 158.9 139.8

Inflation 2020 0.7% 0.0% 0.1% -14.2% 4.1% -0.9%Jan-Dec 2019 136.0 137.9 137.2 179.2 152.9 139.0Jan-Dec 2020 137.0 137.9 137.4 153.7 159.1 137.8YTD Change 0.7% 0.0% 0.1% -14.2% 4.1% -0.9%

Dec 20 / Dec 19 0.7% -0.1% 0.0% -12.2% 3.2% -1.7%Dec 20 / Nov 20 -0.2% -0.1% -0.1% 4.8% -0.1% 0.9%

YTD: year-to-date

2002=100 Recreation, Alcohol, CORE INFLATIONClothing & Health Care & Education Tobacco & All-Items excl.

Year: Footwear Transportation Personal Care and Reading Cannibis Food & Energy2009 98.5 113.4 113.2 104.4 147.1 111.12010 98.7 117.5 113.3 106.4 150.8 111.92011 97.6 125.0 114.7 107.0 157.9 112.72012 99.4 127.7 117.2 106.9 163.1 114.02013 104.6 130.8 116.3 107.5 168.3 116.12014 104.6 132.9 116.5 110.8 174.5 117.92015 103.3 125.3 118.1 111.3 182.4 119.42016 101.5 126.3 120.8 112.6 188.1 121.82017 101.7 132.2 123.7 117.5 193.4 124.12018 102.6 138.6 125.5 119.7 199.3 126.02019 102.5 139.3 127.0 122.3 202.2 127.82020 100.0 137.1 130.3 121.0 202.8 129.4

Month/Year:Dec-19 98.7 141.0 128.3 119.2 198.6 128.2Jan-20 99.2 140.8 129.3 119.8 201.0 128.2Feb-20 103.7 140.8 129.0 120.5 201.8 129.2Mar-20 105.9 134.7 128.9 120.1 201.6 129.2Apr-20 98.7 131.2 129.3 119.0 202.2 128.8May-20 97.0 133.9 130.2 120.2 202.7 128.9Jun-20 96.4 138.2 130.8 121.9 202.6 129.7Jul-20 96.3 138.4 130.2 122.6 199.1 129.4Aug-20 97.3 137.7 131.3 122.6 207.1 129.8Sep-20 99.5 136.6 131.1 123.1 209.6 130.0Oct-20 103.3 137.4 131.6 121.9 204.3 130.4Nov-20 105.1 136.7 130.9 120.3 201.8 130.3Dec-20 97.1 138.6 130.8 119.7 200.0 129.3

Inflation 2020 -2.4% -1.6% 2.6% -1.1% 0.3% 1.3%Jan-Dec 2019 102.5 139.3 127.0 122.3 202.2 127.8Jan-Dec 2020 100.0 137.1 130.3 121.0 202.8 129.4YTD Change -2.4% -1.6% 2.6% -1.1% 0.3% 1.3%

Dec 20 / Dec 19 -1.6% -1.7% 1.9% 0.4% 0.7% 0.9%Dec 20 / Nov 20 -7.6% 1.4% -0.1% -0.5% -0.9% -0.8%

YTD: year-to-date

P.E.I. CONSUMER PRICE INDEXAll Items CPI

Page 5: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

Source: Statistics Canada. Tables 14-10-0287, 14-10-0102, 14-10-0327 January 8, 2021Seasonally

adjusted P.E.I. Charlottetown* P.E.I. Charlottetown* P.E.I. Charlottetown*('000s) ('000s) (%) (%) ('000s) ('000s)

2009 77.3 35.5 67.5 68.4 68.1 32.52010 78.7 36.6 67.6 68.8 69.7 33.62011 80.8 37.7 68.1 68.7 71.9 34.82012 82.2 38.6 68.6 68.9 73.0 35.52013 83.8 40.6 69.7 71.7 74.1 36.92014 82.8 40.1 68.7 70.1 74.0 36.72015 81.7 40.0 67.6 69.3 73.2 36.72016 80.2 39.9 65.8 68.2 71.5 36.92017 81.7 40.9 66.0 68.2 73.7 38.32018 83.9 41.6 66.8 67.5 76.0 38.82019 85.5 43.3 66.5 67.9 78.0 40.52020 84.6 43.0 64.4 65.3 75.8 39.2

Month/Year:Dec-19 86.9 43.3 66.8 66.9 80.0 41.2Jan-20 86.8 43.1 66.7 66.5 80.3 40.8Feb-20 87.6 43.3 67.2 66.6 80.6 40.7Mar-20 85.9 43.1 65.7 66.2 78.5 39.9Apr-20 77.7 41.7 59.4 63.9 69.3 37.7May-20 83.5 41.5 63.7 63.4 71.9 36.8Jun-20 86.7 42.2 66.0 64.3 73.6 37.4Jul-20 84.7 44.4 64.4 67.5 74.7 39.7Aug-20 85.3 45.0 64.8 68.2 76.3 40.7Sep-20 84.0 44.1 63.7 66.7 75.5 40.3Oct-20 84.9 43.5 64.3 65.6 76.4 40.2Nov-20 86.3 43.0 65.3 64.8 77.4 39.9Dec-20 85.1 42.8 64.3 64.3 76.5 39.4

Jan-Dec 2019 85.5 43.3 66.5 67.9 78.0 40.5Jan-Dec 2020 84.6 43.0 64.4 65.3 75.8 39.2YTD Change -1.1% -0.7% -2.1 -2.6 -2.8% -3.2%

Dec 2020 / Dec 2019 -2.1% -1.2% -2.5 -2.6 -4.4% -4.4%Dec 2020 / Nov 2020 -1.4% -0.5% -1.0 -0.5 -1.2% -1.3%

YTD: year-to-date

Seasonally Employment rateadjusted P.E.I. Charlottetown* Canada P.E.I. Charlottetown* P.E.I.

('000s) ('000s) (%) (%) (%) (%)2009 9.2 3.0 8.3 11.9 8.5 59.52010 9.0 3.0 8.1 11.4 8.2 59.82011 8.9 2.9 7.5 11.0 7.7 60.62012 9.2 3.1 7.3 11.2 8.0 60.92013 9.7 3.7 7.1 11.6 9.1 61.62014 8.8 3.4 6.9 10.6 8.5 61.42015 8.5 3.3 6.9 10.4 8.3 60.52016 8.6 3.0 7.0 10.7 7.5 58.72017 8.0 2.6 6.3 9.8 6.4 59.62018 7.9 2.8 5.8 9.4 6.7 60.52019 7.5 2.8 5.7 8.8 6.5 60.72020 8.8 3.8 9.5 10.4 8.8 57.7

Month/Year:Dec-19 6.9 2.1 5.6 7.9 41.2 61.5Jan-20 6.5 2.3 5.5 7.5 40.8 61.7Feb-20 7.0 2.6 5.6 8.0 40.7 61.8Mar-20 7.4 3.2 7.8 8.6 39.9 60.1Apr-20 8.4 4.0 13.0 10.8 37.7 52.9May-20 11.6 4.7 13.7 13.9 36.8 54.8Jun-20 13.2 4.9 12.3 15.2 37.4 56.1Jul-20 9.9 4.7 10.9 11.7 39.7 56.8Aug-20 9.1 4.3 10.2 10.7 40.7 57.9Sep-20 8.5 3.8 9.0 10.1 40.3 57.2Oct-20 8.5 3.4 8.9 10.0 40.2 57.9Nov-20 8.8 3.1 8.5 10.2 39.9 58.5Dec-20 8.6 3.4 8.6 10.1 39.4 57.8

Jan-Dec 2019 7.5 2.8 5.7 8.8 6.5 60.7Jan-Dec 2020 8.8 3.8 9.5 10.4 8.8 57.7YTD Change 17.3% 35.7% 3.8 1.6 2.3 -3.0

Dec 2020 / Dec 2019 24.6% 61.9% 3.0 2.2 -1.8 -3.7Dec 2020 / Nov 2020 -2.3% 9.7% 0.1 -0.1 -0.5 -0.7

Unemployment Unemployment Rate

P.E.I. LABOUR FORCE STATISTICSLabour Force Participation Rate Employment

Page 6: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

* LFS data for Charlottetown is unadjusted 3 month moving average

Page 7: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

Source: Statistics Canada, Table 36-10-0221-01

in $ millions (except per capita) 2015 2016 2017 2018 2019Current Dollars Compensation of employees $3,086 $3,168 $3,342 $3,481 $3,715 Wages and salaries $2,656 $2,733 $2,902 $3,026 $3,242 Employers' social contributions $430 $435 $440 $455 $473

Gross operating surplus $1,398 $1,496 $1,655 $1,746 $1,891 Net operating surplus: corporations $735 $830 $983 $1,037 $1,146 Consumption of fixed capital: corporations $395 $399 $406 $436 $459 Consumption of fixed capital: general governments and non-profit institutions serving households $268 $267 $266 $273 $286

Gross mixed income $899 $981 $1,026 $1,026 $1,116 Net mixed income $689 $767 $803 $796 $867 Consumption of fixed capital unincorporated businesses $210 $214 $223 $230 $249

Taxes less subsidies on production $165 $151 $123 $124 $124 Taxes less subsidies on products and imports $537 $577 $635 $666 $674 Statistical discrepancy $3 $3 $9 -$10 $3 Gross domestic product at market prices $6,088 $6,376 $6,790 $7,033 $7,523

Annual Growth in Gross Domestic Product (%) 3.9 4.7 6.5 3.6 7.0

Gross Domestic Product Per Capita ($) $42,118 $43,383 $45,146 $45,849 $47,837

Source: Statistics Canada, Table 36-10-0222-01

in $ millions 2015 2016 2017 2018 2019Current Dollars Final consumption expenditure $6,196 $6,359 $6,636 $6,883 $7,162 Household final consumption expenditure $4,197 $4,327 $4,503 $4,662 $4,825 Non-profit institutions serving households' final consumption expenditure $76 $84 $87 $92 $97 General governments final consumption expenditure $1,923 $1,948 $2,046 $2,129 $2,240

Gross fixed capital formation $937 $1,061 $1,314 $1,357 $1,534 Business gross fixed capital formation $710 $814 $1,018 $1,058 $1,195 Non-profit institutions serving households' gross fixed capital formation $5 $4 $5 $7 $9 General governments gross fixed capital formation $222 $243 $291 $292 $330

Investment in inventories $5 -$11 $31 $40 $58 Of which: business investment in inventories $6 -$11 $27 $39 $56

Exports of goods and services $3,070 $3,164 $3,353 $3,546 $3,728 Exports to other countries $1,447 $1,498 $1,564 $1,700 $1,810 Exports to other provinces $1,623 $1,666 $1,789 $1,846 $1,918

Less: imports of goods and services $4,116 $4,193 $4,534 $4,804 $4,957 Imports from other countries $1,380 $1,450 $1,593 $1,694 $1,707 Imports from other provinces $2,736 $2,743 $2,941 $3,110 $3,250

Statistical discrepancy -$4 -$4 -$9 $11 -$2 Gross domestic product at market prices $6,088 $6,376 $6,790 $7,033 $7,523 Final domestic demand $7,133 $7,420 $7,950 $8,240 $8,696

November 9, 2020

P.E.I. GROSS DOMESTIC PRODUCT, INCOME BASED

P.E.I. GROSS DOMESTIC PRODUCT, EXPENDITURE BASED

November 9, 2020

Page 8: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

Source: Statistics Canada, Table 36-10-0222-01

in $ millions (except per capita) 2015 2016 2017 2018 2019Chained 2012 dollars Final consumption expenditure $5,924 $6,046 $6,187 $6,331 $6,500 Household final consumption expenditure $4,069 $4,167 $4,274 $4,359 $4,471 Goods $2,021 $2,077 $2,144 $2,165 $2,199 Durable goods $518 $554 $579 $565 $588 Semi-durable goods $276 $287 $297 $299 $301 Non-durable goods $1,228 $1,235 $1,267 $1,300 $1,309 Services $2,047 $2,089 $2,129 $2,193 $2,270 Non-profit institutions serving households' final consumption expenditure $75 $81 $81 $84 $87 General governments final consumption expenditure $1,783 $1,802 $1,837 $1,893 $1,946

Gross fixed capital formation $874 $977 $1,193 $1,219 $1,347 Business gross fixed capital formation $662 $748 $920 $947 $1,044 Residential structures $333 $356 $438 $462 $561 Non-residential structures, machinery and equipment $288 $348 $429 $431 $432 Non-residential structures $108 $164 $208 $204 $209 Machinery and equipment $180 $186 $224 $230 $226 Intellectual property products $43 $45 $54 $55 $54 Non-profit institutions serving households' gross fixed capital formation $7 $6 $6 $9 $11 General governments gross fixed capital formation $204 $221 $264 $261 $289

Investment in inventories $19 -$21 $21 $58 $88 Of which: business investment in inventories $20 -$21 $19 $61 $87 Non-farm $27 -$24 $25 $69 $36 Farm -$7 $3 -$5 -$7 $47

Exports of goods and services $2,874 $2,888 $2,998 $3,098 $3,197 Exports to other countries $1,355 $1,374 $1,393 $1,454 $1,513 Exports of goods to other countries $844 $872 $864 $861 $867 Exports of services to other countries $515 $503 $535 $607 $670 Exports to other provinces $1,513 $1,508 $1,599 $1,637 $1,676 Exports of goods to other provinces $754 $770 $833 $863 $853 Exports of services to other provinces $761 $737 $762 $770 $822

Less: imports of goods and services $3,837 $3,922 $4,155 $4,318 $4,407 Imports from other countries $1,296 $1,298 $1,383 $1,466 $1,451 Imports of goods from other countries $1,113 $1,112 $1,215 $1,291 $1,279 Imports of services from other countries $183 $186 $168 $175 $173 Imports from other provinces $2,538 $2,622 $2,770 $2,848 $2,953 Imports of goods from other provinces $1,213 $1,184 $1,271 $1,309 $1,366 Imports of services from other provinces $1,326 $1,439 $1,499 $1,540 $1,588

Statistical discrepancy -$4 -$4 -$8 $10 -$2 Gross domestic product at market prices $5,770 $5,894 $6,170 $6,324 $6,644 Final domestic demand $6,797 $7,024 $7,386 $7,556 $7,856

Annual Growth in Gross Domestic Product (%) 1.4 2.1 4.7 2.5 5.1

Gross Domestic Product Per Capita (chained 2012 $) $39,918 $40,104 $41,023 $41,227 $42,248

P.E.I. GROSS DOMESTIC PRODUCT, EXPENDITURE BASEDCHAINED 2012 DOLLARS

November 9, 2020

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Source: Statistics Canada, Table 36-10-0402-01

TotalYear All Industries Goods-producing Agriculture Fishing Utilities Construction Total Food Chemical2015 $5,280.7 $1,203.5 $228.2 $90.4 $78.1 $261.5 $517.5 $213.8 $96.52016 $5,393.8 $1,262.5 $242.8 $81.7 $80.5 $291.4 $538.9 $232.8 $92.0

% change 2.1% 4.9% 6.4% -9.6% 3.1% 11.4% 4.1% 8.9% -4.7%

2017 $5,635.9 $1,407.4 $250.7 $93.1 $92.0 $355.0 $587.0 $243.7 $97.4% change 4.5% 11.5% 3.3% 14.0% 14.3% 21.8% 8.9% 4.7% 5.9%

2018 $5,783.1 $1,441.9 $248.3 $96.0 $96.3 $352.8 $618.8 $252.3 $105.8% change 2.6% 2.5% -1.0% 3.1% 4.7% -0.6% 5.4% 3.5% 8.6%

2019 $6,076.8 $1,573.9 $274.8 $106.6 $98.5 $408.4 $653.9 $266.4 $117.7% change 5.1% 9.2% 10.7% 11.0% 2.3% 15.8% 5.7% 5.6% 11.2%

Total Transport. & Information Finance Real Estate & Mngmnt of Companies ProfessionalYear: Service-producing Wholesale Retail warehousing & culture & Insurance Rental & Leasing & Enterprises scient./techn.2015 $4,075.1 $110.3 $367.9 $172.4 $166.2 $280.5 $708.8 $30.6 $152.32016 $4,126.9 $109.7 $382.7 $179.9 $168.6 $287.0 $724.6 $24.8 $161.1

% change 1.3% -0.5% 4.0% 4.4% 1.4% 2.3% 2.2% -19.0% 5.8%2017 $4,216.1 $107.8 $381.4 $191.0 $168.8 $305.2 $746.8 $21.3 $169.9

% change 2.2% -1.7% -0.3% 6.2% 0.1% 6.3% 3.1% -14.1% 5.5%

2018 $4,328.7 $114.7 $388.8 $195.9 $171.8 $312.3 $767.2 $18.2 $178.1% change 2.7% 6.4% 1.9% 2.6% 1.8% 2.3% 2.7% -14.6% 4.8%

2019 $4,484.7 $123.6 $397.4 $209.6 $178.8 $325.9 $797.3 $15.1 $182.6% change 3.6% 7.8% 2.2% 7.0% 4.1% 4.4% 3.9% -17.0% 2.5%

Administrative Health care Arts, entertainmt. Accommodation Other PublicYear: and support Education & social assist. and recreation and food services services administration. Industrial Production ICT Sector*2015 $149.0 $390.5 $530.2 $56.3 $167.5 $118.5 $675.9 $606.6 $188.72016 $126.7 $392.6 $539.3 $54.4 $174.7 $118.4 $681.3 $633.1 $197.8

% change -15.0% 0.5% 1.7% -3.4% 4.3% -0.1% 0.8% 4.4% 4.8%

2017 $121.5 $402.5 $548.3 $54.4 $177.3 $124.7 $692.7 $692.5 $204.6% change -4.1% 2.5% 1.7% 0.0% 1.5% 5.3% 1.7% 9.4% 3.4%

2018 $124.3 $418.7 $563.8 $57.1 $184.3 $124.0 $705.8 $727.6 $213.9% change 2.3% 4.0% 2.8% 5.0% 3.9% -0.6% 1.9% 5.1% 4.5%

2019 $130.7 $435.2 $584.8 $60.7 $188.4 $127.9 $721.7 $766.2 $224.4% change 5.1% 3.9% 3.7% 6.3% 2.2% 3.1% 2.3% 5.3% 4.9%

* Information and Communication Technology

P.E.I. GROSS DOMESTIC PRODUCT BY INDUSTRY

Special Industry Aggregates

TRADE

$ millions chained 2012November 9, 2020

Primary Industries Manufacturing

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Source: Statistics Canada, Tables 32-10-0045-01, 32-10-0046-01 November 25, 2020in '000s Total Total Direct Total

Year: Crops Potatoes Livestock Cattle Hogs Dairy Payments Farm Receipts2009 $256,376 $215,837 $118,682 $19,104 $10,793 $71,243 $35,663 $410,7212010 $252,079 $203,757 $125,355 $21,318 $14,727 $71,266 $33,462 $410,8962011 $320,583 $257,661 $133,544 $19,710 $14,701 $73,944 $32,854 $486,9812012 $320,351 $246,295 $143,113 $21,969 $15,694 $75,862 $20,830 $484,2942013 $322,052 $244,118 $144,446 $23,386 $14,496 $76,008 $31,173 $497,6712014 $309,789 $234,939 $146,725 $33,439 $15,520 $75,845 $22,265 $478,7792015 $303,534 $234,497 $151,480 $40,351 $12,566 $75,149 $23,094 $478,1082016 $318,849 $250,300 $142,883 $29,615 $9,425 $80,369 $21,811 $483,5442017 $319,537 $244,216 $148,804 $30,592 $10,148 $85,662 $30,714 $499,0552018 $314,472 $229,778 $157,176 $36,772 $9,677 $87,128 $41,497 $513,1452019 $345,796 $243,875 $154,229 $32,693 $12,041 $88,635 $65,316 $565,341

Year/QuarterQ3 2019 $83,637 $45,602 $38,308 $7,735 $3,313 $21,839 $19,879 $141,824Q4 2019 $94,044 $57,838 $37,766 $6,638 $3,197 $22,759 $16,413 $148,223Q1 2020 $94,037 $78,251 $39,209 $8,175 $2,458 $22,956 $13,558 $146,804Q2 2020 $104,287 $75,311 $39,120 $9,693 $2,552 $21,664 $3,614 $147,021Q3 2020 $90,831 $43,234 $35,251 $7,233 $1,503 $21,709 $9,163 $135,245

YTD 2019 $251,752 $186,038 $116,463 $26,055 $8,844 $65,876 $48,903 $417,117YTD 2020 $289,155 $196,796 $113,580 $25,101 $6,513 $66,329 $26,335 $429,070

YTD 2020 / YTD 2019 14.9% 5.8% -2.5% -3.7% -26.4% 0.7% -46.1% 2.9%Q3 2020 / Q3 2019 8.6% -5.2% -8.0% -6.5% -54.6% -0.6% -53.9% -4.6%Q3 2020 / Q2 2020 -12.9% -42.6% -9.9% -25.4% -41.1% 0.2% 153.5% -8.0%

YTD: year-to-date

Source: Statistics Canada, Table 32-10-0052-01 November 25, 2020Category: in '000s Year: 2007 2008 2009 2010 2011 2012

Total Farm Receipts $384,753 $394,369 $410,721 $410,896 $486,981 $484,294Income in kind $647 $570 $480 $416 $334 $330Realized Gross Income $385,400 $394,939 $411,201 $411,312 $487,315 $484,624Depreciation Charges $40,166 $40,918 $41,650 $40,759 $42,999 $44,224Realized Net Income $16,090 $5,613 $8,267 $22,420 $76,265 $50,672Inventory changes -$25,227 -$26,243 -$3,169 $17,095 -$12,952 $7,965Total Net Income -$9,137 -$20,629 $5,098 $39,515 $63,312 $58,637Annual change in Net income level: -$56,344 -$11,492 $25,727 $34,417 $23,797 -$4,675

Category: Year: 2013 2014 2015 2016 2017 2018 2019Total Farm Receipts $497,671 $478,779 $478,108 $483,544 $499,055 $513,145 $565,341Income in kind $331 $327 $319 $319 $318 $332 $321Realized Gross Income $498,002 $479,106 $478,427 $483,863 $499,373 $513,477 $565,662Depreciation Charges $45,562 $46,977 $48,600 $48,955 $49,581 $51,604 $54,737Realized Net Income $64,860 $44,161 $41,505 $43,135 $51,915 $46,357 $68,168Inventory changes -$2,343 $3,477 $4,263 $453 -$2,552 -$14,983 $17,786Total Net Income $62,517 $47,638 $45,767 $43,587 $49,363 $31,374 $85,954Annual change in Net income: $3,880 -$14,879 -$1,871 -$2,180 $5,776 -$17,989 $54,580

P.E.I. FARM CASH RECEIPTS

P.E.I. FARM INCOME

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Source: Statistics Canada, Table 16-10-0048-01 January 19, 2021NA in $ '000s Total Total Shipments

Year: Shipments excl. food Total Fish Products Chemicals2009 $1,322,409 $607,925 $714,484 $129,282 $124,9242010 $1,195,692 $539,271 $656,421 $119,758 $107,6102011 $1,214,374 $503,264 $711,110 $139,150 x2012 $1,286,494 $555,463 $731,031 $145,670 x2013 $1,352,770 x x $150,993 x2014 $1,503,580 x x $213,057 x2015 $1,594,913 x x $214,239 x2016 $1,676,654 x x x x2017 $1,806,439 $843,889 $962,550 x x2018 $1,953,730 x x x x2019 $2,301,795 x x x x

Month/Year:Nov-19 $189,495 $96,450 $93,045 $28,050 xDec-19 $165,916 $87,885 $78,031 $16,184 xJan-20 $162,371 $90,748 $71,623 x xFeb-20 $173,467 $110,209 $63,258 x xMar-20 $172,412 $96,370 $76,042 x xApr-20 $152,175 $86,052 $66,123 x xMay-20 $216,168 $122,160 $94,008 x xJun-20 $222,101 $98,888 $123,213 x xJul-20 $172,009 $83,096 $88,913 $25,056 xAug-20 $174,760 $81,975 $92,785 $29,884 xSep-20 $198,167 $91,326 $106,841 x xOct-20 $196,970 $93,653 $103,317 x $27,198Nov-20 $187,074 $91,626 $95,448 x $20,299

Jan-Nov 2019 $2,132,017 x x x xJan-Nov 2020 $2,027,674 $1,046,103 $981,571 x xYTD Change -4.9% x x x x

Nov 20 / Nov 19 -1.3% -5.0% 2.6% x xNov 20 / Oct 20 -5.0% -2.2% -7.6% x -25.4%

NA: not adjusted YTD: year-to-date x: confidential data

in $ '000s Wood Printing and Non-Durable DurableYear: Industries Machinery Publishing Goods Goods2009 $17,065 x $11,460 $904,253 $418,1562010 $16,067 x $12,546 $824,178 $371,5132011 $17,541 $14,179 x $878,622 $335,7522012 $26,156 x x $915,782 $370,7122013 x x $12,103 x x2014 x x $8,286 $1,082,020 $421,5622015 $14,216 $40,991 x $1,102,910 $492,0002016 x x $9,567 $1,186,288 $490,3662017 x $53,367 x $1,283,471 $522,9682018 x x x $1,300,170 $653,5602019 x x x $1,480,384 $821,411

Month/Year:Nov-19 x x $1,605 $124,894 $64,602Dec-19 x x $1,256 $106,996 $58,919Jan-20 x $4,055 $745 $102,062 $60,309Feb-20 x $3,963 $631 $91,726 $81,741Mar-20 x $4,793 $530 $103,271 $69,141Apr-20 x $5,681 $436 $98,640 $53,535May-20 x $10,425 $439 $154,148 $62,019Jun-20 x $7,010 $737 $169,984 $52,116Jul-20 $1,609 $7,073 $704 $122,002 $50,007Aug-20 $1,776 $6,556 $809 $122,467 $52,293Sep-20 $1,828 $7,275 $729 $139,316 $58,851Oct-20 $1,913 x $990 $142,382 $54,588Nov-20 $2,116 x $959 $127,038 $60,036

Jan-Nov 2019 x x x $1,383,320 $748,699Jan-Nov 2020 x x $7,709 $1,373,036 $654,636YTD Change x x x -0.7% -12.6%

Nov 20 / Nov 19 x x -40.2% 1.7% -7.1%Nov 20 / Oct 20 10.6% x -3.1% -10.8% 10.0%

YTD: year-to-date x: confidential data

P.E.I. MANUFACTURING SHIPMENTS (NA)Food Industries

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Source: Statistics Canada, Table 16-10-0048-01 January 19, 2021SA in $ '000s Total Total Shipments Printing &

Year: Shipments excl. food Food Publishing Chemicals2009 $1,322,408 $607,925 $714,483 $11,461 $124,9222010 $1,195,691 $539,270 $656,421 $12,544 $107,6112011 $1,214,375 $503,266 $711,109 x x2012 $1,286,495 $555,466 $731,029 x x2013 $1,352,770 x x $12,101 x2014 $1,503,580 x x $8,289 x2015 $1,594,912 x x x x2016 $1,676,653 x x $9,566 x2017 $1,806,417 $843,866 $962,551 x x2018 $1,953,728 x x x x2019 $2,302,792 x x x x

Month/Year:Nov-19 $197,608 $101,900 $95,708 $1,359 xDec-19 $179,699 $92,829 $86,870 $1,284 xJan-20 $195,999 $104,689 $91,310 $937 xFeb-20 $212,717 $123,692 $89,025 $799 xMar-20 $196,871 $104,255 $92,616 $539 xApr-20 $178,035 $93,214 $84,821 $420 xMay-20 $174,634 $94,957 $79,677 $396 xJun-20 $175,004 $81,458 $93,546 $728 xJul-20 $159,661 $78,311 $81,350 $758 xAug-20 $162,783 $83,502 $79,281 $778 xSep-20 $185,398 $90,596 $94,802 $744 xOct-20 $197,101 $105,589 $91,512 $902 $42,522Nov-20 $189,704 $96,002 $93,702 $844 $25,080

Jan-Nov 2019 $2,118,234 x x x xJan-Nov 2020 $2,027,907 $1,056,265 $971,642 $7,845 xYTD Change -4.3% x x x x

Nov 20 / Nov 19 -4.0% -5.8% -2.1% -37.9% xNov 20 / Oct 20 -3.8% -9.1% 2.4% -6.4% -41.0%

SA: seasonally adjusted YTD: year-to-date x: confidential data

in $ '000s Wood Transportation Non-Durable DurableYear: Industries Machinery Equipment Goods Goods2009 $17,064 x x $904,253 $418,1562010 $16,067 x x $824,177 $371,5132011 $17,543 $14,179 $212,663 $878,621 $335,7532012 $26,156 x x $915,783 $370,7142013 x x x x x2014 x x x $1,082,020 $421,5632015 $14,218 $40,992 x $1,102,911 $492,0002016 x x x $1,186,286 $490,3692017 x $53,369 x $1,283,471 $522,9432018 x x x $1,300,168 $653,5592019 x x x $1,480,731 $822,059

Month/Year:Nov-19 x x x $133,768 $63,841Dec-19 x x x $118,624 $61,074Jan-20 x $4,729 x $132,324 $63,675Feb-20 x $4,737 x $126,964 $85,752Mar-20 x $4,331 x $126,734 $70,136Apr-20 x $5,714 x $122,769 $55,265May-20 x $9,314 x $114,008 $60,627Jun-20 x $6,643 x $124,627 $50,377Jul-20 $1,485 $6,449 $29,027 $111,774 $47,887Aug-20 $1,550 $6,859 x $111,395 $51,387Sep-20 $1,597 $7,171 x $128,104 $57,294Oct-20 $1,714 x x $145,661 $51,439 Nov-20 $1,811 x x $130,373 $59,331

Jan-Nov 2019 x x x $1,371,692 $746,543Jan-Nov 2020 x x x $1,374,733 $653,170YTD Change x x x 0.2% -12.5%

Nov 20 / Nov 19 x x x -2.5% -7.1%Nov 20 / Oct 20 5.7% x x -10.5% 15.3%

YTD: year-to-date x: confidential data

P.E.I. MANUFACTURING SHIPMENTS (SA)

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Source: Statistics Canada, Table 34-10-0066-01, Seasonally Adjusted December 24, 2020in $ '000 Residential Total

Year: Industrial Commercial Institutional Total Building Permits Building permits2008 $10,874 $44,071 $43,746 $98,691 $118,254 $216,9452009 $10,860 $40,867 $11,744 $63,471 $115,104 $178,5752010 $13,989 $47,386 $53,737 $115,112 $144,789 $259,9012011 $23,354 $64,001 $23,354 $110,116 $132,289 $242,4052012 $16,697 $53,809 $16,697 $109,038 $172,453 $281,4912013 $19,238 $49,577 $19,238 $111,834 $114,143 $225,9772014 $13,334 $52,086 $13,334 $78,243 $118,109 $196,3522015 $15,463 $39,308 $15,463 $80,734 $115,319 $196,0532016 $19,414 $49,950 $19,414 $82,992 $136,175 $219,1672017 $22,450 $50,315 $22,450 $103,638 $196,745 $300,3832018 $46,040 $75,091 $46,040 $142,863 $241,965 $384,8282019 $87,871 $55,176 $14,586 $157,633 $339,107 $496,738

Month/Year:Nov-19 $375 $6,169 $4 $6,548 $26,859 $33,407Dec-19 $760 $3,359 $12 $4,131 $20,115 $24,246Jan-20 $2,162 $2,292 $25 $4,479 $17,959 $22,438Feb-20 $254 $3,420 $314 $3,988 $20,945 $24,933Mar-20 $645 $2,947 $27 $3,619 $27,626 $31,245Apr-20 $413 $300 $0 $713 $3,109 $3,822May-20 $5,116 $8,487 $1,106 $14,709 $28,889 $43,598Jun-20 $3,285 $11,251 $259 $14,795 $23,680 $38,475Jul-20 $4,689 $8,078 $24 $12,791 $43,918 $56,709Aug-20 $1,962 $5,899 $15,400 $23,261 $35,712 $58,973Sep-20 $55,694 $3,205 $475 $59,374 $34,352 $93,726Oct-20 $1,022 $24,160 $23,559 $48,741 $32,238 $80,979Nov-20 $410 $3,761 $450 $4,621 $32,145 $36,766

Jan-Nov 2019 $84,977 $49,347 $14,412 $148,736 $301,048 $449,784Jan-Nov 2020 $75,652 $73,800 $41,639 $191,091 $300,573 $491,664YTD Change -11.0% 49.6% 188.9% 28.5% -0.2% 9.3%

Nov-20 / Nov-19 9.3% -39.0% 11150.0% -29.4% 19.7% 10.1%Nov-20 / Oct-20 -59.9% -84.4% -98.1% -90.5% -0.3% -54.6%

YTD: year-to-date n.c. not calculated

Source: Statistics Canada from CMHC, Tables 34-10-0135-01 and 34-10-0143-01in units

Single Total Single TotalYear: Dwellings Multiples Housing Starts Dwellings Multiples Housing Starts Year:2009 292 401 693 430 447 877 20092010 273 319 592 396 360 756 20102011 236 433 669 431 509 940 20112012 249 430 679 387 554 941 20122013 177 325 502 282 354 636 20132014 148 186 334 292 219 511 20142015 149 245 394 286 272 558 20152016 152 235 387 305 251 556 20162017 316 342 658 549 362 911 20172018 278 478 756 562 527 1,089 20182019 216 715 931 480 1,024 1,504 20192020 240 603 843 429 733 1,162 2020

Month/Year: Quarter/Year:Dec-19 19 88 107 216 241 457 Q4 2019Jan-20 7 19 26Feb-20 7 68 75Mar-20 4 12 16 45 109 154 Q1 2020Apr-20 12 36 48May-20 17 72 89Jun-20 28 134 162 101 282 383 Q2 2020Jul-20 27 14 41Aug-20 25 144 169Sep-20 27 21 48 147 217 364 Q3 2020Oct-20 35 15 50Nov-20 33 57 90Dec-20 18 11 29 136 125 261 Q4 2020

Jan - Dec 2019 216 715 931 480 1,024 1,504 YTD 2019Jan - Dec 2020 240 603 843 429 733 1,162 YTD 2020YTD Change 11.1% -15.7% -9.5% -10.6% -28.4% -22.7% YTD Change

Dec-20 / Dec-19 -5.3% -87.5% -72.9% -37.0% -48.1% -42.9% Q4 2020 / Q4 2019Dec-20 / Nov-20 -45.5% -80.7% -67.8% -7.5% -42.4% -28.3% Q4 2020 / Q3 2020

YTD: year-to-date n.a. data not available n.c. not calculated

MONTHLY URBAN and QUARTERLY PROVINCIAL HOUSING STARTS

P.E.I. BUILDING PERMITSNon-residential Building Permits

January 19, 2021U R B A N H O U S I N G S T A R T S U R B A N and R U R A L

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Source: Statistics Canada, Tables 17-10-0009-01, 17-10-0040-01, 17-10-0020-01, 17-10-0045-01, 17-10-0059-01 December 17, 20201 July Period: Total Total Natural

Year: Population July 1 - June 30 Births Deaths Increase Immigration Emigration2001 136,665 2001/2002 1,313 1,205 108 145 682002 136,880 2002/2003 1,374 1,217 157 89 522003 137,227 2003/2004 1,403 1,225 178 268 1702004 137,680 2004/2005 1,371 1,126 245 312 472005 138,064 2005/2006 1,329 1,165 164 352 832006 137,867 2006/2007 1,428 1,143 285 738 762007 137,711 2007/2008 1,447 1,166 281 1,282 812008 138,749 2008/2009 1,471 1,274 197 1,723 602009 139,891 2009/2010 1,407 1,177 230 1,792 302010 141,654 2010/2011 1,428 1,177 251 2,611 1382011 143,963 2011/2012 1,404 1,250 154 1,375 562012 144,530 2012/2013 1,339 1,239 100 863 1582013 144,094 2013/2014 1,397 1,270 127 1,406 902014 144,283 2014/2015 1,374 1,359 15 1,341 1432015 144,546 2015/2016 1,397 1,114 283 2,015 1082016 146,969 2016/2017 1,387 1,272 115 2,263 1082017 150,402 2017/2018 1,295 1,368 (73) 2,102 542018 153,396 2018/2019 1,308 1,389 (81) 2,267 542019 157,262 2019/2020 1,353 1,367 (14) 2,082 402020 159,625

Year/quarter:July 1, 2019 157,262 Q3 2019 378 323 55 855 19October 1, 2019 158,334 Q4 2019 323 343 (20) 447 12January 1, 2020 158,629 Q1 2020 312 350 (38) 494 9April 1, 2020 159,249 Q2 2020 340 351 (11) 286 0July 1, 2020 159,625 Q3 2020 393 305 88 255 3October 1, 2020 159,713

378 323 55 855 19393 305 88 255 3

4.0% -5.6% 60.0% -70.2% -84.2%4.0% -5.6% 60.0% -70.2% -84.2%15.6% -13.1% -10.8%

n.c. not calculated

Period: Net international Total Non-permanent NetJuly 1 - June 30 migration In-migration Out-migration Net Migration Net Migration Residents Gain/loss

2001/2002 43 2,639 2,577 62 105 (7) 2152002/2003 24 2,686 2,521 165 189 30 3472003/2004 129 2,570 2,426 144 273 25 4532004/2005 276 2,537 2,676 (139) 137 58 3842005/2006 332 2,460 3,099 (639) (307) 76 (197)2006/2007 843 2,485 3,334 (849) (6) 149 (156)2007/2008 1,484 2,821 3,112 (291) 1,193 239 1,0382008/2009 1,916 2,522 3,058 (536) 1,380 227 1,1422009/2010 1,908 2,709 2,649 60 1,968 151 1,7632010/2011 2,719 2,494 2,704 (210) 2,509 230 2,3092011/2012 1,581 2,620 3,238 (618) 963 248 5672012/2013 913 2,294 3,195 (901) 12 136 (436)2013/2014 1,552 2,198 3,139 (941) 611 188 1892014/2015 1,478 2,367 3,049 (682) 796 273 2632015/2016 2,582 2,874 2,844 30 2,612 680 2,4232016/2017 2,874 3,124 2,680 444 3,318 666 3,4332017/2018 2,890 3,193 3,016 177 3,067 828 2,9942018/2019 3,285 3,562 2,900 662 3,947 1,059 3,8662019/2020 2,839 3,296 3,758 (462) 2,377 781 2,363

Year/quarter:Q3 2019 1,561 604 1,148 (544) 1,017 714 1,072Q4 2019 467 726 878 (152) 315 33 295Q1 2020 424 955 721 234 658 (67) 620Q2 2020 387 1,274 1,274 0 387 101 376Q3 2020 210 605 815 (210) 0 (44) 88

YTD 2019/2020 1,561 604 1,148 (544) 1,017 714 1,072YTD 2020/2021 210 605 815 (210) 0 (44) 88YTD Change -86.5% 0.2% -29.0% -100.0% -106.2% -91.8%

Q3 2020 / Q3 2019 -86.5% 0.2% -29.0% -100.0% -106.2% -91.8%Q3 2020 / Q2 2020 -45.7% -52.5% -36.0% -100.0% -143.6% -76.6%

P.E.I. POPULATION STATISTICS

YTD 2019/2020YTD 2020/2021YTD ChangeQ3 2020 / Q3 2019Q3 2020 / Q2 2020

Provincial

Page 15: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

Source: Statistics Canada, Table 20-10-0001-01 January 15, 2021in $ thousands

Year: Units Value Units Value units Value units Value units Value2008 2,454 $53,826 1015 $19,448 3,469 $73,276 2,035 $63,473 5,504 $136,7472009 2,018 $45,983 1032 $21,303 3,050 $67,288 2,236 $77,379 5,286 $144,6662010 1,926 $44,142 928 $19,753 2,854 $63,891 2,929 $99,685 5,783 $163,5802011 2,043 $46,061 728 $15,318 2,771 $61,379 3,024 $101,027 5,795 $162,4052012 2,507 $56,237 892 $20,365 3,399 $76,600 3,201 $101,745 6,600 $178,3482013 3,011 $69,589 977 $22,553 3,988 $92,141 3,348 $114,370 7,336 $206,5112014 2,864 $67,653 956 $23,233 3,820 $90,887 3,735 $127,925 7,555 $218,8132015 2,564 $61,429 868 $21,388 3,432 $82,817 4,544 $162,713 7,976 $245,5292016 2,368 $58,328 733 $18,410 3,101 $76,738 5,667 $210,391 8,768 $287,1292017 2,196 $54,486 653 $16,750 2,849 $71,236 5,738 $224,407 8,587 $295,6452018 1,799 $44,168 584 $14,980 2,383 $59,150 5,351 $209,445 7,734 $268,5912019 1,615 $42,016 589 $16,064 2,204 $58,079 5,906 $240,623 8,110 $298,703

Month/Year:Nov-19 70 $1,840 39 $980 109 $2,819 456 $18,484 565 $21,303Dec-19 70 $1,790 23 $629 93 $2,419 381 $16,055 474 $18,474Jan-20 60 $1,422 26 $814 86 $2,237 355 $14,134 441 $16,370Feb-20 61 $1,533 31 $752 92 $2,285 384 $15,266 476 $17,550Mar-20 58 $1,512 12 $343 70 $1,855 231 $10,027 301 $11,882Apr-20 31 $957 13 $362 44 $1,319 201 $8,323 245 $9,641May-20 89 $2,254 31 $841 120 $3,096 392 $15,045 512 $18,140Jun-20 124 $3,200 59 $1,724 183 $4,924 589 $23,978 772 $28,902Jul-20 132 $3,345 38 $998 170 $4,344 625 $25,000 795 $29,344Aug-20 143 $3,660 40 $1,097 183 $4,757 668 $26,844 851 $31,602Sep-20 108 $2,647 41 $1,157 149 $3,804 650 $26,041 799 $29,844Oct-20 107 $2,717 29 $835 136 $3,551 612 $24,263 748 $27,815Nov-20 73 $1,906 27 $740 100 $2,646 455 $18,286 555 $20,932

Jan-Nov 2019 1,545 $40,226 566 $15,435 2,111 $55,660 5,525 $224,568 7,636 $280,229Jan-Nov 2020 986 $25,153 347 $9,663 1,333 $34,818 5,162 $207,207 6,495 $242,022YTD Change -36.2% -37.5% -38.7% -37.4% -36.9% -37.4% -6.6% -7.7% -14.9% -13.6%

Nov 20 / Nov 19 4.3% 3.6% -30.8% -24.5% -8.3% -6.1% -0.2% -1.1% -1.8% -1.7%Nov 20 / Oct 20 -31.8% -29.8% -6.9% -11.4% -26.5% -25.5% -25.7% -24.6% -25.8% -24.7%

YTD: year-to-date

Source: Statistics Canada, Table 20-10-0008-01 December 18, 2020in $ thousands Retail (SA)

Year: SA NA Annual growth2006 $1,509,052 $1,509,054 6.0%2007 $1,620,817 $1,620,820 7.4%2008 $1,702,975 $1,702,974 5.1%2009 $1,681,645 $1,681,643 -1.3%2010 $1,770,179 $1,770,181 5.3%2011 $1,865,814 $1,865,814 5.4%2012 $1,921,648 $1,921,649 3.0%2013 $1,939,336 $1,939,336 0.9%2014 $2,007,179 $2,007,179 3.5%2015 $2,058,696 $2,058,698 2.6%2016 $2,209,101 $2,209,099 7.3%2017 $2,349,156 $2,349,153 6.3%2018 $2,417,236 $2,417,236 2.9%2019 $2,505,182 $2,504,870 3.6%

Month/Year: Y-O-Y GrowthOct-19 $212,690 $212,204 4.5%Nov-19 $211,360 $209,033 6.4%Dec-19 $212,708 $214,452 5.8%Jan-20 $216,802 $174,297 8.1%Feb-20 $217,898 $164,690 6.3%Mar-20 $195,815 $170,303 -7.9%Apr-20 $160,500 $153,646 -23.7%May-20 $190,274 $207,847 -3.7%Jun-20 $217,052 $242,003 4.4%Jul-20 $202,613 $247,698 -3.4%Aug-20 $217,873 $248,522 1.6%Sep-20 $227,678 $237,715 7.3%Oct-20 $228,958 $231,479 7.6%

Jan-Oct 2019 $2,082,671 $2,083,256Jan-Oct 2020 $2,075,463 $2,078,200YTD Change -0.3% -0.2%

Oct-20 / Oct-19 7.6% 9.1%Oct-20 / Sep-20 0.6% -2.6%

YTD: year-to-date Y-O-Y: year-over-year

P.E.I. NEW MOTOR VEHICLE SALES

Retail Sales

North American-built Foreign-built Total TotalTRUCKS ALL MOTOR VEHICLES

TotalPASSENGER CARS

P.E.I. RETAIL SALES

Page 16: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

Source: Statistics Canada, Tables 14-10-0009, 14-10-0007 December 17, 2020

Year: Beneficiaries Payments (000s) Beneficiaries Payments (000s) Beneficiaries Payments (000s) Beneficiaries Payments (000s)2008 11,232 $197,010 8,300 $143,169 1,308 $27,829 1,606 $25,9002009 12,053 $217,512 9,099 $161,513 1,253 $27,463 1,690 $28,1372010 12,296 $221,883 9,445 $167,437 1,203 $26,713 1,630 $27,5922011 12,047 $224,824 9,198 $167,950 1,144 $26,005 1,689 $30,7792012 11,623 $228,753 8,788 $169,664 1,143 $26,458 1,675 $32,5442013 10,567 $208,375 7,723 $147,822 1,137 $26,860 1,700 $33,6482014 10,087 $202,331 7,162 $139,153 1,138 $27,268 1,788 $35,8972015 10,371 $215,930 7,390 $148,712 1,138 $29,299 1,823 $37,7902016 10,812 $230,748 7,739 $159,156 1,189 $31,350 1,885 $40,2332017 11,375 $242,382 8,126 $165,292 1,301 $34,452 1,946 $42,5372018 11,168 $251,245 7,985 $172,043 1,321 $36,195 1,863 $43,0072019 11,003 $246,832 7,799 $167,282 1,341 $35,828 1,863 $43,721

Month/Year:Oct-19 9,660 $15,978 6,650 $10,175 1,300 $2,617 1,700 $3,185Nov-19 12,600 $20,404 9,080 $13,661 1,720 $3,567 1,790 $3,177Dec-19 13,820 $29,281 10,150 $20,480 1,860 $4,746 1,810 $4,055Jan-20 15,130 $27,129 11,260 $19,685 1,800 $3,646 2,070 $3,798Feb-20 14,950 $26,796 11,000 $19,009 1,790 $3,968 2,170 $3,820Mar-20 15,010 .. 10,760 .. 1,690 .. 2,560 ..Apr-20 13,610 .. 9,710 .. 1,730 .. 2,140 ..May-20 8,370 .. 5,970 .. 720 .. 1,640 ..Jun-20 4,850 .. 3,130 .. 330 .. 1,330 ..Jul-20 5,590 .. 3,020 .. 1,220 .. 1,300 ..Aug-20 4,410 .. 2,060 .. 1,080 .. 1,220 ..Sep-20 3,820 .. 1,700 .. 1,000 .. 1,070 ..Oct-20 13,010 .. 9,810 .. 1,500 .. 1,660 ..

Jan-Oct 2019 10,577 $197,146 7,449 $133,141 1,251 $27,516 1,878 $36,489Jan-Oct 2020 9,875 x 6,842 x 1,286 x 1,716 xYTD Change -6.6% x -8.1% x 2.8% x -8.6% x

Oct-20 / Oct-19 34.7% x 47.5% x 15.4% x -2.4% xOct-20 / Sep-20 240.6% x 477.1% x 50.0% x 55.1% x

YTD: year-to-date * Special Benefits include Sickness, Maternity, Parental, and Compassionate Care Benefits

Source: Statistics Canada, Table 36-10-0205 Source: Statistics Canada, Tables 14-10-0223,14-10-0205 December 22, 2020in $'000s Total Wages Total Supp. Total Average Weekly Average Hourly Earnings ($) SEPH

Year: & Salaries Labour Income Labour Income Year: Earnings ($) incl. overtime excl. overtime Employment2009 $2,246,148 $347,395 $2,593,543 2009 $689.84 $17.54 $17.37 62,8302010 $2,328,420 $357,204 $2,685,624 2010 $706.38 $17.66 $17.55 64,1952011 $2,430,882 $373,789 $2,804,671 2011 $719.33 $18.39 $18.30 64,4622012 $2,489,797 $394,067 $2,883,864 2012 $738.35 $18.64 $18.48 63,7752013 $2,543,098 $408,093 $2,951,191 2013 $752.29 $18.86 $18.82 62,7072014 $2,608,940 $425,019 $3,033,959 2014 $773.62 $19.03 $18.88 62,7072015 $2,656,125 $430,471 $3,086,596 2015 $800.53 $20.14 $19.95 62,7772016 $2,733,429 $434,622 $3,168,051 2016 $818.37 $20.44 $20.28 63,5822017 $2,902,265 $439,891 $3,342,156 2017 $821.45 $20.92 $20.74 65,9232018 $3,025,260 $459,523 $3,484,783 2018 $841.26 $21.62 $21.48 67,1352019 $3,162,403 $479,000 $3,641,403 2019 $865.59 $22.20 $22.03 69,451

Month/Year: Month/Year:Sep-19 $283,914 $41,282 $325,196 Oct-19 $885.62 $22.52 $22.37 70,329Oct-19 $283,613 $41,142 $324,755 Nov-19 $882.29 $22.71 $22.54 69,968Nov-19 $271,162 $39,338 $310,500 Dec-19 $872.04 $22.96 $22.81 70,544Dec-19 $281,433 $40,793 $322,226 Jan-20 $881.13 $22.91 $22.71 70,440Jan-20 $256,143 $37,284 $293,427 Feb-20 $888.08 $22.77 $22.54 70,111Feb-20 $256,097 $37,278 $293,375 Mar-20 $894.72 $24.19 $24.00 67,105Mar-20 $254,788 $37,087 $291,875 Apr-20 $966.81 $23.98 $23.74 60,348Apr-20 $244,516 $35,592 $280,108 May-20 $996.38 $22.79 $22.53 57,623May-20 $268,739 $39,118 $307,857 Jun-20 $993.72 $22.88 $22.68 60,755Jun-20 $294,479 $42,864 $337,343 Jul-20 $963.46 $22.52 $22.34 62,781Jul-20 $283,557 $41,275 $324,832 Aug-20 $961.16 $22.98 $22.56 62,789Aug-20 $282,525 $41,124 $323,649 Sep-20 $952.59 $22.49 $22.21 64,954Sep-20 $294,542 $42,874 $337,416 Oct-20 $964.41 $22.94 $22.61 66,957

Jan - Sep 2019 $2,405,310 $352,055 $2,757,365 Jan-Oct 2019 $864.88 $22.09 $21.92 69,127Jan - Sep 2020 $2,435,386 $354,496 $2,789,882 Jan-Oct 2020 $946.25 $23.05 $22.79 64,386YTD Change 1.3% 0.7% 1.2% YTD Change 9.4% 4.3% 4.0% -6.9%

Sep-20 / Sep-19 3.7% 3.9% 3.8% Oct-20 / Oct-19 8.9% 1.9% 1.1% -4.8%Sep-20 / Aug-20 4.3% 4.3% 4.3% Oct-20 / Sep-20 1.2% 2.0% 1.8% 3.1%

YTD: year-to-date

P.E.I. EMPLOYMENT INSURANCESpecial Benefits*

P.E.I. LABOUR INCOME

Total Benefits Regular Benefits Fishing Benefits

December 22, 2020

Page 17: Government of Prince Edward Island - SUMMARY OF ......Jun-19 Aug-19 Oct- 19 Dec-19 Feb-20 Apr-20 Jun-20 millions $200 NEW MOTOR VEHICLE SALES Prince Edward Island Total Benefit Payments

Source: Statistics Canada, Tables 12-10-0119, 12-10-0133

in $ millions

Year:2008 $785.7 $122.8 $9.9 $14.3 $7.7 $61.2 $433.5 $120.52009 $759.2 $117.5 $14.2 $9.9 $10.6 $68.3 $400.6 $115.92010 $691.4 $122.4 $12.6 $12.7 $6.8 $48.2 $388.8 $80.72011 $731.4 $158.3 $13.1 $19.9 $6.4 $76.0 $353.5 $92.52012 $840.2 $137.4 $20.7 $26.1 $7.0 $135.4 $400.2 $101.42013 $889.9 $144.9 $25.4 $28.1 $8.5 $135.0 $423.8 $109.92014 $1,069.3 $149.4 $51.1 $27.2 $37.4 $145.2 $503.3 $136.42015 $1,243.0 $174.0 $52.6 $40.8 $66.7 $154.1 $563.6 $156.82016 $1,255.7 $170.3 $43.9 $37.8 $10.2 $175.8 $615.9 $158.52017 $1,318.1 $165.5 $33.2 $43.6 $31.2 $268.8 $638.4 $89.12018 $1,383.7 $182.7 $26.1 $43.4 $27.8 $342.6 $624.2 $90.22019 $1,492.4 $168.6 $26.5 $39.7 $39.4 $247.2 $734.1 $189.4

Month/Year: in $ thousandsNov-19 $135,143 $18,665 $2,885 $2,413 $652 $9,997 $76,497 $20,953Dec-19 $129,253 $17,181 $2,237 $3,274 $817 $10,004 $77,664 $14,551Jan-20 $115,605 $15,873 $2,778 $2,248 $777 $9,310 $62,653 $15,240Feb-20 $116,637 $16,539 $1,333 $2,543 $890 $11,834 $56,411 $22,542Mar-20 $125,497 $20,958 $2,764 $4,467 $676 $10,540 $59,331 $22,523Apr-20 $102,077 $15,364 $8,393 $2,168 $1,671 $8,358 $50,818 $11,034May-20 $125,185 $13,822 $3,394 $2,221 $1,829 $7,707 $69,350 $22,055Jun-20 $133,573 $12,479 $4,673 $3,618 $1,665 $7,268 $84,834 $14,809Jul-20 $131,012 $11,241 $8,602 $3,832 $1,113 $8,066 $81,164 $12,397Aug-20 $122,907 $14,078 $1,610 $979 $566 $9,169 $80,262 $12,300Sep-20 $131,218 $17,224 $3,473 $3,658 $2,442 $7,803 $77,988 $15,225Oct-20 $146,659 $19,081 $6,874 $1,279 $711 $11,465 $86,441 $16,634Nov-20 $134,541 $24,951 $2,605 $1,601 $1,238 $8,924 $75,368 $14,701

Jan-Nov 2019 $1,363,526 $151,378 $24,298 $35,986 $38,553 $237,217 $656,468 $175,717Jan-Nov 2020 $1,384,911 $181,610 $46,499 $28,614 $13,578 $100,444 $784,620 $179,460YTD Change 1.6% 20.0% 91.4% -20.5% -64.8% -57.7% 19.5% 2.1%

Nov-20 / Nov-19 -0.4% 33.7% -9.7% -33.7% 89.9% -10.7% -1.5% -29.8%Nov-20 / Oct-20 -8.3% 30.8% -62.1% 25.2% 74.1% -22.2% -12.8% -11.6%

YTD: year-to-date n.c. not calculated

Source: Statistics Canada, Table 14-10-0023-01

n thousands, not adjusted 2014 2015 2016 2017 2018 2019 2020rebased 2006 Census

Employment All Industries 74.0 73.2 71.5 73.7 76.0 78.0 75.8 Annual Growth rate -0.1% -1.1% -2.3% 3.1% 3.1% 2.6% -2.8%

Goods-producing sector: 18.0 17.2 16.6 17.6 19.4 19.7 19.2 Annual Growth rate 3.4% -4.4% -3.5% 6.0% 10.2% 1.5% -2.5% Agriculture 3.7 3.2 3.1 3.1 4.0 4.2 4.0 Forestry, Fishing, & Mining 2.5 2.4 2.4 2.5 2.7 2.3 2.1 Utilities 0.3 0.4 0.3 0.2 0.2 0.3 0.2 Manufacturing 5.6 6.0 6.0 6.5 6.8 6.5 6.3 Construction 5.8 5.2 4.7 5.3 5.8 6.4 6.6

Service-producing Sector: 56.1 55.9 55.0 56.1 56.6 58.2 56.6 Annual Growth rate -1.1% -0.4% -1.6% 2.0% 0.9% 2.8% -2.7% Trade 11.0 11.0 10.3 11.1 11.1 11.2 10.5 Transportation & Warehousing 2.9 2.5 2.5 2.8 2.6 2.9 2.7 Finance, Insurance, Real Est. 2.3 2.5 2.7 2.7 2.9 2.9 2.9 Professional services 2.9 3.1 3.7 3.5 3.5 3.5 4.2 Management & Admin. services 2.3 2.5 2.3 1.9 1.9 2.4 2.1 Educational services 5.6 5.3 5.1 5.3 5.4 5.4 5.6 Health Care & Social services 10.5 9.9 10.1 10.5 10.5 11.1 11.0 Public Administration 7.0 7.4 6.8 6.9 6.7 7.7 8.2 Information, Culture & Recreation 2.6 2.4 2.6 2.7 2.7 2.2 2.0 Accommodation & Food services 5.5 6.0 5.8 5.5 6.2 5.8 4.1 Other services 3.3 3.4 3.1 3.3 3.1 3.2 3.1

Consumer Goods

Special Transactions Trade

P.E.I. EXPORTS

P.E.I. EMPLOYMENT by INDUSTRYJanuary 8, 2021

January 7, 2021

Farm, Fishing and Intermediate FoodTotal Exports

Chemical, Plastic and Rubber

Industrial Machinery

Electronic and Electrical

Aircraft and Other Transportation


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