Job Market Trends and News

Prince Edward Island

Following labour market events is key to helping job seekers understand where the opportunities (short, medium and long-term) might be in a local community and elsewhere in the country.

The following table presents local and regional labour market events and announcements for the selected Province or Territory which can complement your job search and career exploration.

News Archive

Want to find out more about local or provincial labour market history? The labour market news archive may be a good place to start.

In this section, you can browse archived news titles, whose links are no longer functional, for up to one year from the current date. The archived news can help you understand the labour market trends in geographic areas and industries that are of interest to you.

  • Week of Dec 12 - Dec 16, 2016

    East Side Mario's and Ise's Sports Bar in Charlottetown are shutting down at the end of the year, putting about 40 employees out of work. Giant Tiger will move into the space at University Plaza by July 2017 and expects to hire 30 employees.

  • Week of Dec 05 - Dec 09, 2016

    Charlottetown saw an increase in housing prices of 2.3% in the third quarter of 2016, compared to 2015. The Royal LePage House Price Survey stated that the aggregate house price was $224,219. Population growth and an influx of retirees boosted the market.

  • Week of Nov 28 - Dec 02, 2016

    Early projections from the Prince Edward Island tourism industry indicate that 1.5M visitors came to the island in 2016, a 6.9% increase from last year . Tourism contributes 6.4% of PEI's total GDP.

  • Week of Nov 21 - Nov 25, 2016

    The Canada Revenue Agency has decided to streamline its national processing to four centres in Summerside, Winnipeg, Sudbury, and Jonquière, Quebec. This change is expected to result in an additional 70 staff being hired at the Summerside centre.

  • Week of Nov 14 - Nov 18, 2016

    Prince Edward Island's new mental health and addictions strategy has been unveiled. Part of the strategy will involve recruiting a new youth psychiatrist, increasing availability of outpatient psychiatrists, and adding new frontline positions and programming.

  • Week of Nov 07 - Nov 11, 2016

    PEI's life sciences industry group, the BioAlliance, will develop a $30 to $35M BioAccelerator complex. The province has 46 private firms with 2,000 employees and $200M in revenues for the life sciences sector.

  • Week of Oct 31 - Nov 04, 2016

    The Canadian Federation of Independent Business Barometer Index has indicated that business optimism on P.E.I remains strong. The report also indicates that business health remains unchanged. At 68.5, P.E.I's number is one of the highest in Canada.

  • Week of Oct 24 - Oct 28, 2016

    The Federal government is spending $1M for improvement to three PEI fishing harbours. The money will be spent on pier reconstruction and channel dredging.

  • Week of Oct 17 - Oct 21, 2016

    Mrs. Dunster's Inc., a NB company, is expanding into PEI. The company received $400,000 in funding from the federal and provincial governments for the expansion. Since 2013 when they took control of the business, staff has nearly doubled.

  • Week of Oct 10 - Oct 14, 2016

    P.E.I. is showing strong growth immigration in 2016 and close to reversing its aging population trend. However the number of young people in their 20's leaving the island has been the worst in the last five years.

  • Week of Oct 03 - Oct 07, 2016

    The PEI BioAlliance released a document titled "Next Generation Prosperity" which assesses the bioscience sector and outlines targets for job creation, export revenue, investment and attraction of private capital for the next five years.

  • Week of Sep 26 - Sep 30, 2016

    Crossfire Adventure Paintball in Cavendish, PEI is looking for zombies for the upcoming Halloween season. After a successful launch of the Apocalyptic town last summer they are doubling the number of zombies needed for the expanded experience.

  • Week of Sep 19 - Sep 23, 2016

    Giant Tiger will be opening a new store in Charlottetown, PEI in July 2017

  • Week of Sep 12 - Sep 16, 2016

    Glo, a smoothie bar in Charlottetown, PEI, opened a month ago and offers healthly snacks in the downtown area. Glo has 3 full-time and 6 part time employees.

  • Week of Sep 05 - Sep 09, 2016

    Green Diamond Equipment in Summerside, PEI finds temporary location five days after fire destroyed the Sherbrooke location

  • Week of Aug 29 - Sep 02, 2016

    Charlottetown-based Timeless Veterinary Systems has created a completely web-based veterinary tool called VPR Cloud Powered. The company has two new employees on staff and is looking to add another 10 over the next two years.

  • Week of Aug 22 - Aug 26, 2016

    The PEI Department of Education states that 49 teachers will retire this year, but this may not result in the same number of new teachers being hired to replace them

  • Week of Aug 15 - Aug 19, 2016

    Buchanan Technologies of Charlottetown, PEI has won a contract to provide IT services for the Ontario Educational Collaborative Marketplace. The new contract could lead to more hiring on top of it current staff of 50.

  • Week of Aug 08 - Aug 12, 2016

    The Optometry Service Program, introduced in August 2015, has expanded optometry services on Prince Edward Island

  • Week of Aug 05 - Aug 09, 2016

    Accreon, an information and communications technology company in Charlottetown, P.E.I., has grown from one to 36 employees since 2012

  • Week of Aug 01 - Aug 05, 2016

    P.E.I.'s Employment Standards Board is accepting submissions for its review of the province's minimum wage for 2017. The minimum wage will increase to $11 per hour in September 2016.

  • Week of Jul 25 - Jul 29, 2016

    According to Statistics Canada, retail sales in P.E.I. were up in May 2016 for the seventh straight month. Sales were up by 4.4% since May 2015 on the island compared to a 3.6% increase for Canada as a whole.

  • Week of Jul 18 - Jul 22, 2016

    The Atlantic Canada Opportunities Agency is providing $150,000, and the provincial government is providing $10,000 to MacAusland's Woolen Mills Ltd. for the purchase of two modern textile weaving looms to increase production

  • Week of Jul 11 - Jul 15, 2016

    Mad Wok, a casual fast food dining restaurant that focuses on stir-fried Asian cuisine, recently opened on Queen St, Charlottetown

  • Week of Jul 04 - Jul 08, 2016

    According to Statistics Canada, PEI had the lowest average weekly wage at $809.17 in April, 2016 compared to the Canadian average weekly wage of $955.67. PEI wages did grow above the national average of 0.6 per cent between April 2015 and April 2016.

  • Week of Jun 27 - Jul 01, 2016

    ACFOR Energy will construct and operate one of the largest biomass heating systems in PEI. The company will supply heating to Prince County Hospital and Summerset manor in Summerside, by winter 2017.

  • Week of Jun 20 - Jun 24, 2016

    The Farmer's Wife, a new store featuring soy-based soaps, balms, bath and cleaning products, recently opened on Queen Street in Summerside, PEI

  • Week of Jun 13 - Jun 17, 2016

    Mary Brown's restaurant on University Avenue has announced it will close immediately due to operational problems since late 2014

  • Week of Jun 06 - Jun 10, 2016

    Life Cycle Nutrition recently opened at the Tignish Health Centre. It provides education on nutrition and health; ways to prevent disease and improve overall health.

  • Week of May 30 - Jun 03, 2016

    1888 Pub, is a new restaurant that recently opened in Cardigan PEI within the same location as the Cardigan Lobster Suppers and features an economical alternative to the dining room

  • Week of May 23 - May 27, 2016

    The construction of a new strip mall, Kirkwood Mews II, will begin in the fall of 2016. It is designed for up to 15 tenants and is located on Kirkwood Drive, Charlottetown.

  • Week of May 09 - May 13, 2016

    Vector Aerospace recently announced the opening of their fourth test cell of turboprop engines and extension of their contract with Jazz as the sole provider of engine maintenance repair and overhaul services until 2025

  • Week of May 02 - May 06, 2016

    The Atlantic Canada Opportunities Agency is providing $1,101,304 and Canadian Heritage, through the Canada Cultural Spaces Fund is giving $1,101,304 towards upgrades at the Confederation Centre of the Arts, Charlottetown

  • Week of Apr 25 - Apr 29, 2016

    Export Development Canada expects PEI and Ontario to lead all Canadian provinces with 7% export growth in 2016 due to high demand in the U.S. and a low Canadian Dollar. A large contributor to this growth is PEI's aerospace industry.

  • Week of Apr 18 - Apr 22, 2016

    3rd Degree Training will open a new location in Montague by May 2016, its fifth location in Atlantic Canada.

  • Week of Apr 11 - Apr 15, 2016

    Construction work on the proposed $25M Charlottetown Airport upgrade could begin by 2018 and would include reconstruction of the main runway, updating the passenger terminal, car rental booth and boarding counters.

  • Week of Apr 04 - Apr 08, 2016

    Statistics Canada reported that PEI's consumer price index decreased 0.6% in 2015, resulting in no increase in most PEI property tax assessments for 2016.

  • Week of Mar 28 - Apr 01, 2016

    Fashion retailer H&M will be opening a new store in the fall of 2016, at the Charlottetown Mall

  • Week of Mar 21 - Mar 25, 2016

    The Government of Canada, through ACOA's Innovation Communities Fund, and Innovation PEI are providing over $1M in funding to convert an existing retail facility into office space to attract new businesses to Summerside.

  • Week of Mar 14 - Mar 18, 2016

    The Innovation and Technology Association of Prince Edward Island (ITAP) will no longer operate due to a funding shortfall. ITAP was established 10 years ago to provide industry outreach and mentorship in the IT sector.

  • Week of Mar 07 - Mar 11, 2016

    Brown's Volkswagen will open a new satellite office in Kensington, by April 2016. The office will not include a full dealership, but will focus on used cars and select new vehicle offers.

  • Week of Feb 29 - Mar 04, 2016

    A new luxury inn is expected to open in the fall of 2016 at the site of the former Notre Dame Covent in Charlottetown. The boutique inn will feature 18 rooms with a five-star rating and will also include 22 apartments for rent.

  • Week of Feb 22 - Feb 26, 2016

    The Department of Fisheries and Ocean Canada and the Stanley Bridge Harbour Authority are providing $1M in funding for the marina expansion in Stanley Bridge. This project will increase capacity at the marina to include 40 more boats and a new breakwater.

  • Week of Feb 15 - Feb 19, 2016

    The Government of Canada, through ACOA's Innovation Fund, is providing a loan of $2,938,201 to Aspin Kemp and Associates in Stratford to develop and market a new electrical system

  • Week of Feb 08 - Feb 12, 2016

    The Government of Canada and the Government of PEI are contributing to the funding of the advancing entrepreneurship project. The project aims to foster economic growth in the province by supporting small and medium-sized businesses.

  • Week of Feb 01 - Feb 05, 2016

    Testori, a manufacture of aerospace parts in Summerside, has avoided closure after receiving a $200,000 contract from Bombardier. However, the company, which once employed 150 people, will still lay off three of its remaining 15 employees.

  • Week of Jan 25 - Jan 29, 2016

    With funding from the Atlantic Canada Opportunities Agency and the provincial government, Community Inclusion Ltd has developed an expansion plan to increase their service of baked goods at Maple House Centre in O'Leary

  • Week of Feb 24 - Feb 28, 2014

    The port of Georgetown, PEI is looking at the potential for expansion. The community is ready to commit financially to a study, but it also needs assistance from ACOA and the provincial government.

Economic/Environmental Scan

A report that provides an overview of major socio-economic trends that can have an impact on the local and provincial economy and labour market.

Occupational Outlook

To review the most recent medium-term outlooks for occupations at the provincial, territorial and economic region level, please refer to the Outlook Report on Job Bank.

Client Segment Profile

A report that provides provincial and local demographic and labour market information, trends and prospects for a selected socio-demographic group

Aboriginal People
Older Worker

Update of the National Occupational Classification (NOC) 2011

The National Occupational Classification is being updated. To propose a change, please visit Statistics Canada.
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