Job Market Trends and News

Prince Edward Island

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News Archive

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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 Oct 09 - Oct 13, 2017

    The PEI government reports higher tourism numbers for the month of August, compared to the previous year. Passenger traffic at the Charlottetown Airport increased by 11.8%, while the number of room nights sold were up 3.6% and travel on the ferries rose by 35.5%.
    Charlottetown gaming company, Sculpin QA, announced it will get $886K in federal and provincial funding. The money will go toward creating a marketing strategy for its virtual reality technology and to hire 13 new staff, such as engineers and designers.
    The federal government is hiring 300 new employees to work on the Phoenix payroll system. A Charlottetown MP believes that some of those jobs could be coming to Charlottetown, along with 30 Veterans Affairs staff who will be assigned to work on Phoenix.
    Device Doctors, a dedicated cellphone/tablet repair business, announced that it will open a second location in Summerside, PEI. The new business will open in October 2017 and will employ 2 staff.
    The Sherwood Timber Mart, which opened in May after purchasing the struggling Sherwood BMR, has been doing well thanks to a strong construction season. The business was able to save all 18 staff and is looking to create two more full-time positions.
  • Week of Oct 02 - Oct 06, 2017

    A new Statistics Canada report shows that PEI's average weekly wage has been falling since March 2017 and was $815.84 as of July 2017, the lowest in Canada. Nova Scotia recorded the next lowest average at $862.15, while the national average was $970.47.
    According to Health PEI, only half of the psychiatrist positions on the island are staffed by actively working psychiatrists. Ideally 15 positions would be filled, but attrition, retirements, sick leave, and recruitment issues has impacted staff levels.
    PEI's Mussel King will receive $1.65M in loans from the province and ACOA to go toward the cost of a new cold storage facility. The facility will start storing mussels on October 16, 2017 and will lower transportation costs and help the company grow.
  • Week of Sep 25 - Sep 29, 2017

    The Great Canadian Dollar Store will open new stores in Crapaud and O'Leary in 2018. The Crapaud location will open in the spring and O'Leary in June. Other franchise locations on PEI include Cornwall, Charlottetown, Alberton, Summerside and Bloomfield.
    The Buddhist monks on PEI are planning to open a private school, where students will learn in both Mandarin and English. The HOPE International School aims to open in the fall of 2018 and will initially accept children between five and seven years old.
    BioVectra opened a new $4M warehouse in Charlottetown on Airport Drive. The company, which develops pharmaceutical ingredients for pharmaceutical and biotech companies, needed the 21,000 sq.-ft. space to continue its growth. BioVectra has 300 staff in total.
  • Week of Sep 18 - Sep 22, 2017

    PEI-based company Cavendish Farms broke ground on a new $360-million potato-processing plant in Lethbridge, AB. The plant will create 400 jobs in southern Alberta and will allow Cavendish to expand their potato production from 6,000 acres to over 15,000 acres.
    WestJet is reducing the number of flights departing from the Charlottetown Airport to Toronto as of October 23, 2017, and cancelled its service to Florida. Air Canada is also reducing the number of daily flights to Toronto, but will fly bigger planes.
    MacDougall Steel Erectors Inc. will receive $3.5M in repayable term financing and up to $880K in labour rebates for the 126 new jobs projected to be created at the former McCain plant in Borden-Carleton. The facility will undergo $7M in renovations.
  • Week of Sep 11 - Sep 15, 2017

    Little Caesars is opening a new pizzeria in Summerside, PEI. The new location will open around October 10, 2017 and will go in the former Herbal Magic location in the Granville Street north area of the city. It is expected to create 12 to 15 local jobs.
    Atlantic Beef Products plans to expand and hire more workers within the next 2 years. The Albany plant has doubled production in the past two years and recently started shipping its beef to the U.S. The PEI plant employs 120 full-time people.
    Growth of PEI's median income was higher than the national average, according to the latest census figures. The median income on PEI grew by 11.1% over 10 years, averaging around $61,163. PEI's rate of child poverty was fourth in the country.
    The Arsenault Sawmill in Richmond has gone into receivership, with the PEI government being the biggest secured creditor. More than $3.7M is owed to the province. The sawmill employed about 50 people back in 2007.
  • Week of Sep 04 - Sep 08, 2017

    Ten cruise ship visits scheduled for Charlottetown have been cancelled due to new rules requiring ships to slow down by ten knots to avoid harming whales. This is expected to impact local businesses with 8,000 fewer tourists visiting the city.
    Single dwelling family homes in Prince Edward Island have doubled in investment for the first half of 2017 according to Statistic Canada. Spending for PEI is up 25.4% compared to 7.4% nationally.
    According to Statistics Canada, PEI had the highest growth in residential construction in the country for the first half of 2017, up 31.6% over the previous year. Non-residential construction on the island was also up 24.4%, second only to New Brunswick.
  • Week of Aug 28 - Sep 01, 2017

    PEI's Somru BioScience has formed a joint venture with Radiant Pharmaceuticals of Bangladesh. The companies have teamed up to improve the early diagnosis of diseases. It is expected to create $50M in export sales and add 100 jobs to Somru's PEI operation.
    Some craft brewers in PEI have struggled to make enough beer to meet the strong demand this summer. Breweries such as Upstreet Craft and Barnone Brewery have both run out of beer at times and have had to work extra hours to keep up with demand.
    According to a survey done by the job-hunting website Monster, 52% of Atlantic Canadians feel overworked and 21% left a job due to stress. Approximately 58% of Canadian workers reported feeling overworked and 25% had left a job due to stress.
    According to the general manager of the Prince Edward Island Grain Elevators Corporation, the island's cereal harvest appears to be showing good yields. Farmers have reported 1.8 tonnes per acre for barley and 2.6 to 2.7 tonnes per acre for winter wheat.
    The PEI government signed a three-year deal with the federal government which will provide $10.5M in funds for early learning while also creating 200 child care spaces
    PEI's $142.5M underwater electric cable project was officially completed this month. The island's total electric power capacity has increased from 200 to 560 megawatts.
    According to the PEI Wild Blueberry Growers Association, crops appear to be 20% to 30% smaller than last year and processors are only offering 20 cents a pound, compared to 30 cents a pound in 2016. Farmers report that they are losing money on every pound.
    The PEI government will invest $2.2M toward the building of a Mi'kmaq waterfront retail and office complex in Charlottetown. The Abegweit and Lennox Island First Nations will own the building, and will benefit from the long-term revenue it will generate.
  • Week of Aug 21 - Aug 25, 2017

    Construction on Foxwoods Developments, a $12M Stratford subdivision, will begin in a few weeks. The first phase will see 55 lots developed, with eventually 154 lots of single-family dwellings and semi-detached units being built over the next three or four years.
    PEI's monthly retail sales, which led the country in growth from January to June 2017 at 9.11%, has shown a slow decline in recent months. The province had retail sales surpassing $200M in March and April, but June sales dropped to about $195M.
    A certified organic farm in Wheatley River has opened the Island Wine Company. The operation started in July 2017 and takes honey, then ferments it into a drink called mead. Innovation PEI provided funding through the future farmers program.
    UPEI has expanded its international recruitment efforts to include eight new countries. The changing demographics in Canada has meant less domestic students to attract. International students at the UPEI campus now account for 20% of all students.
  • Week of Aug 14 - Aug 18, 2017

    PEI's Adult Day Program will expand its hours this fall in Alberton, Summerside, Charlottetown and Souris. To meet the need an extra 2.7 full-time employees will be hired. The program offers home care services that support Islanders and their caregivers.
    According to a review by the Atlantic Provinces Economic Council, PEI has led the Atlantic Canada region in economic growth in 2017. PEI has shown strong growth in housing starts, retail sales, non-energy exports, aerospace exports, and potato exports.
  • Week of Aug 07 - Aug 11, 2017

    The PEI Lobster Marketing Board is going to hire a marketing expert to work full-time promoting and marketing PEI lobster. PEI is the first province to have lobster fishermen pay a levy in order to market their product, in hopes of boosting profits.
    Work is expected to begin in September 2017 on a new Hampton Inn & Suites hotel on Capital Drive in Charlottetown. The six-storey $15M project is planned to be completed in late 2018.
    The Charlottetown Airport broke another record for passenger traffic in July 2017, with 52,754 passengers using the airport that month. Overall on the year, traffic is up 4% compared to 2016.
  • Week of Jul 31 - Aug 04, 2017

    The former Summerside train station will be transformed into a microbrewery in the fall of 2017. The first stage of the project will be as a manufacturing facility for beer, then later on as a pub-style restaurant.
    The 2016 census figures found that 7,665 Islanders, or 5.4% of PEI's population, have a mother tongue that is not English or French. The main immigrant language spoken on the island is Mandarin, whereas in the other Atlantic provinces it is Arabic.
    The PEI government's June tourism indicator report show that meetings and conventions helped drive-up record tourism numbers in June. From June 2017 to June 2016, overnight stays were up 2.8%, airport traffic was up 9.8%, and bridge traffic was up 2.7%.
    The PEI government is looking to recruit rural immigration agents, who will work together with the newly established regional economic advisory councils, to promote rural opportunities for immigrants
    Demolition of seven properties on the corner of Grafton and Cumberland streets will begin in early August to make way for the construction of a $6.96M Holland College residence. The 80-bed student residence is expected to be completed by August 2018.
    The owner of the Leard House restaurant and café in Lower Bedeque announced that she will be shutting down operations of Maud's hideaway due to personal and financial reasons
    Furious Franks, a food truck operation, opened for business in Belfast, PEI on the former property of the Higher Ground Café and Selkirk Lobster Suppers. The owner has sold out of food daily since opening in late July and is offering part-time work.
  • Week of Jul 24 - Jul 28, 2017

    PEI Bag Co. Ltd. will be able to increase production with the help of a $200,000 loan from the Atlantic Canada Opportunities Agency. The money will go towards purchasing more manufacturing equipment. PEI Bag Co. currently employs around 40 workers.
    Cavendish Farms is constructing two new potato storage buildings to replace aging storage infrastructure. Construction of the new buildings will employ between 50 and 60 contract workers. The project is scheduled to be completed in October 2017.
    A Statistics Canada study reports that only 8% of Canadian farmers have a written succession plan, and the average farmer is 55 years old. The increased cost of agricultural land has seen many small-scale farms being bought by large corporations.
    A Statistics Canada report shows that PEI is the country's largest potato grower, with 35,600 hectares of potatoes planted. Manitoba has 26,100 hectares of potatoes planted. Despite growing 25% of Canada's potatoes, PEI production has declined since 1999.
    According to PEI's Real Estate Association, high demand and a low supply has caused housing prices to increase. The average house price in PEI over the first six months of 2017 was up 11.5% compared to 2016. In June 2017 the average home cost $219,235.
  • Week of Jul 17 - Jul 21, 2017

    APM Construction plans to build a $30M resort at Tracadie Harbour, PEI. Blackbush at Tracadie Harbour will include a 20-unit hotel and a 41-lot subdivision located about 300 metres from the beach. Work is expected to start in the Fall of 2017.
    Giant Tiger officially opened its 24,930 sq.-ft. store at University Plaza in Charlottetown on July 15, 2017. The store features a full grocery section, as well as clothing and other items at a low cost. Giant Tiger also has a Summerside location.
    According to a recent report from Statistics Canada, rural islanders earned on average 90% of the employment income earned by the average Islander in 2015. In 2008 that percentage was 84%. Charlottetown residents earned 110% of the median income in 2015.
    The Sydney Boutique Inn & Suites is open for business in Charlottetown, after $11.5M was spent to transform the former convent into a five-star boutique inn. The Inn employs about 15 staff and features 18 two-bedroom apartments and four micro-apartments.
    According to Statistics Canada, PEI women have employment earnings that are on average 81% of what men make. Nationally women¿s median income is about 71% of what men earn.
  • Week of Jul 10 - Jul 14, 2017

    BeaverTails opened at Peake's Quay on Charlottetown's waterfront this month, with the store expecting to staff 15 people. The Canadian-based chain, which has another PEI location on the Cavendish boardwalk, specializes in pastries.
    The latest Manpower Group Employment Outlook Survey states that only 7% of Charlottetown area employers expect to hire in the third quarter of 2017, with the same percentage anticipating cutbacks. Across Canada 17% of employers expect to hire more staff.
    Sekisui Diagnostics in Charlottetown's West Royalty Business Park has completed a $6M expansion and is now expanding further with the construction of another building in Charlottetown. The bioscience company has grown by 34 full-time staff since 2011.
    Housing starts in PEI are up 46% over the first six months of 2017 compared to the same period last year. According to the CMHC, this is the strongest growth in a long time and the increase can be attributed to the number of new immigrants on the Island.
  • Week of Jul 03 - Jul 07, 2017

    The Pizza Hut in Charlottetown has shut down its location on University Avenue at Kirkwood Mews. The developer stated that Pizza Hut's lease was expiring and they chose not to renew it.
    Work resumed on the multi-million dollar Summerside resort property, formerly known as the Dynasty Spa. Curran and Briggs Ltd. were awarded the contract to connect water and sewer to the main resort building, then inside work on the building will begin.
    The Government of Canada and the four Atlantic provincial governments have committed $20M for a Atlantic Trade and Investment Growth Strategy. The initiative is expected to grow exporting in the region, as well as boost foreign investment.
  • Week of Jun 26 - Jun 30, 2017

    Charlottetown software company iWave Information Systems Inc. will be adding 10 to 15 jobs over the next two years. The new positions will consist of software development, sales, marketing and finance. iWave currently employs 39 in Charlottetown.
    Shorty's, a new dairy bar partnered with Inclusions East, will offer employment opportunities for those with intellectual disabilities in Montague. The dairy bar employs three intellectually disabled workers in addition to a job coach who provides guidance.
    Eleven new federal jobs will be coming to the Department of Fisheries and Oceans' Catch Certification Office in Tignish. These jobs will bring in $450,000 to the Tignish area through annual wages, supporting economic development in rural communities.
  • Week of Jun 19 - Jun 23, 2017

    A shortage of nurses on PEI has led to major staffing issues in Island healthcare facilities. Some nurses are being compelled to do unwanted overtime and cancel planned vacations. According to Health PEI, there are 89 vacant nursing positions across PEI.
    Charlottetown's Receiver Coffee will be expanding into a second location, just four years after starting operations. The expansion was needed to increase manufacturing capabilities of the company's brand of coffee grind. The new store opens June 26.
    Nautican Research and Development has finished manufacturing its first major project. This comes as the company has recently increased its facility capabilities in Summerside. Nautican now has seven employees and is looking to further expand in the future
    Mount Academy, a private school for athletes is planned to open in Charlottetown this September. So far the school is intended for hockey players, but plans to branch into more sports. In its first year, the academy will support only grades nine and ten.
    The Riverview Manor long-term care facility will be replaced with the help of federal funding. A new manor will be constructed in Tyne Valley, supported by $12.1M from the federal government. Work on the 49-bed facility will begin in the coming weeks.
    The PERCÉ program for Francophone and bilingual students has received funding of $97,950 from ACOA and $47,000 from the PEI government for their summer internship programs. This aims to keep young Islanders in the province by offering work opportunities.
    An increase in dairy quotas will allow PEI farmers to produce 5% more milk. This is the largest single year increase since the 1990s. This new demand is expected to grow the Island dairy industry by 5% in terms of cows, feed, barn space and labour.
  • Week of Jun 12 - Jun 16, 2017

    According to the census of agriculture, PEI potato production remains first in Canada despite 9.5% fewer farms since 2011 and that dairy farmers improved productivity on PEI producing 10 million more litres of milk than 2011, despite fewer farms and cows.
    The PEI and federal governments announced a joint contribution of $29.8M for 26 waste and wastewater projects in the province. The federal government will contribute $20M of the total funds. Of the spending, $15M will go towards projects in Charlottetown.
    Green Diamond Equipment will rebuild their Summerside John Deere dealership; nine months after a fire destroyed it. Tenders are being worked on for Island construction contractors to bid on. The John Deere dealership employs 30 people while at its peak.
    Cousins restaurant, in Tignish, is to be reconstructed two years after it was destroyed by fire. The new foundation has already been laid for the restaurant, which aims to begin operations by autumn. The restaurant will have the capacity to seat 110.
    PEI has lost many of its strawberry farms in recent years, with only a dozen farms remaining; compared with 20 just a few years ago. Strawberry farmland almost halved from 2011 to 2016. This is due in large part to retiring farmers not being replaced.
    The price of a mortgage on PEI is among the lowest in Canada. The average value of a mortgage loan on PEI is $155,769, which is $115,000 less than the national average. Despite this, PEI mortgage delinquency rates are nearly twice the Canadian average.
    The number of permit requests to build in Stratford is growing. Compared to last year, the value of construction permits in Stratford more than doubled, now valued at over $10M. Permits for new domestic dwellings made up the majority of issued permits.
  • Week of Jun 05 - Jun 09, 2017

    The province of PEI will be adding 27 new teaching positions, which will be distributed across the Island based on school populations and classroom needs. Twenty-five of the positions will be at English schools and two will go to French schools.
    According to the PEI government , there is an immediate need for 500 construction workers and up to 1,800 over the next decade. PEI's non-residential construction sector grew by 12.5% in 2016. The province is providing support to recruit trade workers.
    The owner of Massage Addict in Charlottetown has partnered with Eastern College to recruit Islanders into the massage therapy program. Massage Addict is also offering tuition rebates and guaranteed employment to participants when they graduate.
    A new report from the Atlantic Provinces Economic Council, states that major capital spending on PEI will drop by 5% in 2017. The $140M underwater cable project was completed in May, but new investments will be seen in water, highway, and other projects.
    PEI Beef prices for slaughter cattle is showing signs of recovering after 17 months of dropping prices. Cattle prices hit $116.07 per 100 pounds of beef in April 2017, compared to a low of $93.26 in November 2016 and a high of $155.16 in May 2015.
    The Canadian Corps of Commissionaires in PEI is looking to hire up to 20 people to do security work in a health care environment. The Commissionaires have about 160 staff on the Island, who are retired Canadian Armed Forces, RCMP and security personnel.
    Statistics Canada reports that tourism in PEI employs the highest percentage of youth (15-24) in the country at 38.4%, and are the lowest paid at $14.19/hr. On average, youth account for 33.5% of the Canadian tourism workforce and are paid $20.83/hr.
  • Week of May 29 - Jun 02, 2017

    PEI will receive $7.2M in affordable housing investments for transitional housing and social housing for families and seniors. The money will go toward projects such as renovations to existing housing, as well as to build new housing across the island.
    A new family-owned Vietnamese restaurant called Saigon Pho recently opened at 150 Heather Moyse Drive in Summerside, PEI. Located at Spinnaker's Landing, the restaurant is initially planned to be a seasonal operation.
    Sherwood Building Supplies Ltd which had filed for bankruptcy, is under new ownership and is now Sherwood Timber Mart. All 18 staff of the lumber/hardware store have been retained by the new owners, who are hoping to hire more staff if successful.
    A new restaurant called Captain's Cove Seafood and Grill, is scheduled to open on Main Street in Montague, PEI on June 2, 2017. The restaurant will feature fresh local seafood and beef and will initially employ five to six employees.
    Myers Industries, a provider of residential and commercial garbage removal, was bought out by Superior Sanitation. Superior has offered jobs to Myer's six employees, who would no longer operate out of Montague, but would work from Charlottetown instead.
  • Week of May 22 - May 26, 2017

    P.E.I.'s Holland College announced that tuition will go up 2% in September 2017, resulting in about a $100 hike. Areas of study like culinary arts will cost $6,321, accounting technology will be $5,078, and video game art and animations will cost $3,907.
    J & S Visser Produce Inc. of Vernon Bridge is modernizing its equipment with the help of a $250K repayable contribution from ACOA. The PEI company will add a baler and bagger system, allowing them to boost their capacity and competitiveness.
    Tuition at the University of Prince Edward Island (UPEI) will be going up by $17 per course in the fall of 2017, while international fees will go up by $21. Even with the increase, UPEI states that it still has the second lowest tuition in the Maritimes.
    Silliker Glass, who received a $300K McCain grant, is expecting to expand from 27 staff to 70-80 staff over the next 12 to 18 months. Atlantic Beef Products, is hoping the grant money it received will allow it to create up to 20 new jobs as well.
    The provincial government announced a new program called Team Youth Trucking, which was developed with the trucking sector to expose young people to the industry. The program will take 15 students and provide them with job placements for 10 weeks.
    PEI's net farm income was over $55M in 2016, a 35% increase from 2015, and ahead of the national average of 7.6%. Farm incomes fell in four provinces, including Nova Scotia and Newfoundland. Potatoes account for about half of PEI's farm income.
    Rollo Bay Holdings, a potato packer in eastern PEI, plans to upgrade its processing and packaging equipment after receiving a $1.4M loan from ACOA. The investment in new technology will help expand its product offerings and create more skilled positions.
    According to a Statistics Canada report, livestock accounted for only 30% of all PEI farm income in 2016. Hardest hit has been the hog industry, which accounted for 10% of farm income in 2000, but is now less than 2%. Crop income has increased steadily.
  • Week of May 15 - May 19, 2017

    According to Statistics Canada, 2016 was PEI's largest GDP growth in 10 years. PEI's GDP growth of 2.4%, almost doubled the national average. The tourism sector rose 4.2%, manufacturing grew by 3.7%, retail was up 3.2%, and construction expanded by 9.3%.
    The town of Borden-Carleton and nine area businesses were awarded $2M in grants, set up by McCain after it closed its plant in 2014. The money is expected to generate 324 jobs for the community, with most expected to come from MacDougall Steel Erectors.
    PEI 911 dispatchers are being trained to provide step-by-step medical instructions, with the help of a new Emergency Medical Dispatch (EMD) system to be launched in September 2017. The new system will ensure 911 medical calls are handled consistently.
    The owner of Founders Hall in Charlottetown, plans to develop a retail boutique market called the Shops of Founders Hall. The owner also plans to develop a 136-unit micro-condo complex next door. The plan is to have both projects completed in 2018.
  • Week of May 08 - May 12, 2017

    Fifty staff employed with the Charlottetown call centre, Server Sitters, were suddenly laid-off after a large client surprisingly canceled service. The company had approximately 100 staff and is working to settle hours and vacation pay to those affected.
    The PEI Government is recruiting nationally to hire a psychologist for the justice system. The person would assess, diagnose and prescribe treatment for offenders. The province has had difficulty hiring psychologists that want to work in corrections.
    A new retail store called GrowDaddy, which sells equipment and accessories to grow and consume marijuana, opened in Stratford on April 20, 2017. Besides the store, the owner also operates an online store called growdaddycanada.com.
    Changes made to the PEI Highway Traffic Act will now allow 18 year olds who have a graduated driver's licence to get their Class 3 heavy truck license. Younger islanders will now be permitted to drive heavy trucks, at the same age as the rest of Canada.
    Canadian Tire is buying PEI-based Padinox, the company that owns the Canadian rights to the Paderno cookware brand. Meyer Canada will acquire and take over operation of the Paderno factory and distribution centre, with no foreseeable impact on staff.
  • Week of May 01 - May 05, 2017

    The PEI lobster fishing season opened on April 29th and will run until the end of June. A second lobster season runs from August to October. Island fishermen made about $6.50 a pound for lobster in 2016, but prices are rumoured to be higher this year.
    The Kent Street Market will open in the Confederation Court Mall in June 2017. The 1,800 ft2 market will be the only grocery store in downtown Charlottetown. The store will offer local produce, pre-made foods, as well as limited health and beauty items.
    Souris potato processor, East Point Potato, is getting $500K from ACOA to help expand its business. The company is looking to purchase equipment in order to increase their productivity.
    In June 2017, Charlottetown-based Armour Logistics will take over distribution of Pepsi products on PEI. PepsiCo will be closing its Charlottetown warehouse in the Watts industrial park at that time, resulting in eight employees being laid-off.
    A new bus service will run from June until Labour Day, which will shuttle workers from Charlottetown to Cavendish for $10. The service is a pilot project to mainly help students to get to work, with some employers pre-purchasing seats for their employees.
    ACOA has awarded over $1.2M in expansion loans to three food processors and an agricultural equipment manufacturer in West Prince, PEI. The beneficiaries include Maritime Select Lobster, H.F. Stewart and Sons, Royal Star Foods, and Valley Pearl Oysters.
  • Week of Apr 24 - Apr 28, 2017

    The City of Charlottetown approved Holland College to build an 81-bed residence on seven properties along Grafton and Cumberland street. Amendments to city bylaws were required for the project to proceed, which is expected to begin by July 2017.
    Tronosjet, a subsidiary of Tronos Ltd., will receive more than $620K from the province and ACOA to establish a new aerospace component manufacturing facility at the Charlottetown Airport Industrial Park. The company started in Summerside in 2003.
    AquaBounty, an aquaculture company, has submitted an amended proposal to PEI's environment department to construct two 40,000 square foot buildings in Rollo Bay West for the purpose of raising genetically modified salmon
    The Port of Charlottetown has seen big growth in cruise tourism and is expecting to have 83 cruise ships visits and 100,000 passengers in 2017. In 2016, 53 ships came to the port, but this year there are new and returning cruise lines.
    PEI youth interested in working in the agriculture and the environment sectors, will get help thanks to a two-year $5.2M investment. The initiative being funded is geared towards hiring high school or college students as well as to hire young graduates.
    Mid-Isle Farms of Albany, PEI is getting $400K from ACOA to help expand its business. The money will allow the potato farm to upgrade its production facility and invest in additional bagging and bailing equipment, to help its export sales grow.
    Harmony Meadow Farm is expanding into wool processing with the help of more than $200K in combined funding from ACOA and the PEI government. The Belfast farm will use the money to set up a mini-mill and sell the yarn under the Fleece & Harmony brand.
    Vy Build Inc., a Charlottetown developer, is proposing a green housing development for Charlottetown's West Royalty. The company plans to start building 12 townhouses this summer, each with four units, and are expected to be completed in three years.
    Island doctors with the Medical Society of PEI have ratified a new agreement with the province that will guarantee a funding increase of 3% in 2017 and 2% in 2018. The previous two years had no funding increases.
  • Week of Apr 17 - Apr 21, 2017

    A new vegan restaurant called My Plum, My Duck is hoping to open its doors at 218 University Ave in Charlottetown by May 2017. The menu will be 90% vegan, with some meat options. The year-round restaurant is looking to hire two people, including a cook.
    The president of the PEI Snow Crab Association expects the crab quota to be double that of last year and that prices could be over 50 cents a pound higher as well. There are 17 boats in PEI's snow crab fleet.
    Holland College and College de I'lle have formed a new bilingual, educational partnership where students can take courses at either school and enjoy other benefits. The colleges also jointly acquired a building at 295 Kent Street in Charlottetown.
    The real estate market in PEI continues to be strong in 2017, after having a record year in 2016. There have been 338 homes sold on the Island so far this year, which is about the same as last year, but sales have hit $68M compared to $61M last year.
    The annual Cavendish tourism job fair will be held at the Stanley Bridge and Conference Centre on April 22, 2017. Hosted by the Tourism Industry Association of PEI, all job seekers are encouraged to explore job opportunities with over 30 local businesses.
  • Week of Apr 10 - Apr 14, 2017

    The PEI government tabled a balance budget with a $600K surplus for 2016-17, after years of deficits. Last year the province benefited from sales and income tax increases, as well as strong revenues from Crown corporations and agricultural insurance savings.
    A new three-year nursing strategy has been released by the PEI government. Priorities include increasing the ratio of full-time to part-time nurses and recruiting more graduate nurses. Health PEI is currently recruiting for 89 nursing positions.
    The co-owners of HopYard are in the process of opening a seasonal restaurant called the Sugar Skull Cantina, which will be open from May to October. The new Charlottetown eatery will open at 83 Water Street and will feature tacos and tequila on the menu.
    A Summerside couple who operate Bony Broth Co. and Harmony Hills, are going to open Farmed Market & Craft Butchery in downtown Summerside. The business will sell local meats and vegetables, and serve food-to-go, such as their broth and chickens.
    A Statistics Canada report on post-secondary enrolment shows that although the number of 19-year-old PEI students enrolled in college or university is increasing, the proportion of students from lower income families is relatively unchanged since 2001
    PEI's trade mission to China is expected to quadruple by 2025. China is the province's second-largest trading partner, worth over $50M. The mission is aimed at improving the demand for PEI's food, travel experiences, and educational programs.
  • Week of Apr 03 - Apr 07, 2017

    According to Statistics Canada, PEI's average weekly wage was the lowest nationally at $827.81 in January 2017, which is below the Canadian average of $967.15. The retail and wholesale trade industry, the Island's largest employer, saw its wages drop 3%.
    A new pop-up restaurant, the Pure Kitchen Pop Up Burgertown, has opened in Charlottetown to take advantage of the month-long Burger Love campaign. Located on Great George Street, the chef plans to change the theme and type of food offered every month.
    PEI dairy farmers produced 8.5% more milk in 2016, compared to 2015, mainly from an increased demand for butter across North America
    According to a new report from Generation Squeeze, which looked at housing prices and average wages across Canada, PEI has the second most affordable housing market in Canada. Nova Scotia's housing market was ranked first and British Columbia was ranked last.
  • Week of Mar 27 - Mar 31, 2017

    Frosty Treat Dairy Bars is opening a second location in Kensington, just a half kilometre away from its original location. The new Frosty Treat restaurant is expected to open in April 2017 in the former space of Johnny's Dairy Bar.
    The city of Charlottetown tabled a balanced budget for 2017, after posting deficits in the past two years. The city had held off on filling some vacancies in an effort to save money, but are now prepared to hire a deputy chief administrative officer.
    Xplornet Communications will complete its fixed wireless system by the end of September 2017, which will offer broadband internet to 80% of PEI's households. Remaining households will be able to access Xplornet's satellite internet service by year's end.
    According to the Maritime Provinces Higher Education Commission, many recent university graduates surveyed were disappointed with the level of skill acquisition, income, and workforce preparation they had two years after graduation
  • Week of Mar 20 - Mar 24, 2017

    Montague Brewing Company is expected to open this summer on Brook Street, after given approval by town council. The brewery will produce 300,000 litres of beer to be sold on-site and in liquor stores, creating at least seven jobs.
    Manpower Group released a survey done with Charlottetown-area employers that shows that 17% of employers plan to hire new employees between April to June 2017. Three percent of employers anticipate reducing staff, while 80% will maintain their numbers.
    Ferme Isle Saint-Jean Farm in North Rustico, PEI is creating a new line of cheese and yogurt products made from their sheep¿s milk. A new milking parlour will be operational by April 2017, and there are plans for a retail outlet and a processing facility.
  • Week of Mar 13 - Mar 17, 2017

    PEI employers report that housekeepers, cooks, and kitchen staff are difficult jobs to fill. The Holman Grand Hotel is looking to hire 12 staff this summer. A culinary job fair will be held in Charlottetown on March 30, 2017 to help with recruitment.
    The federal government is investing $325M to create an Atlantic Fisheries Fund, which will help boost the fisheries and aquaculture sector and create jobs. PEI's fisheries and aquaculture industry is valued at around $400M and employs up to 8,500 people.
    PEI's seafood processing sector is getting additional funding for Team Seafood, an incentive program to attract more students into summer jobs. The program provides a $1,000 bursary to students and funds will be available for 250 students.
    The Lennox Island First Nation in Prince County will receive $1.8M from the federal government for infrastructure and planning projects. Funding will go toward priorities like bridge and road repairs, housing capacity and renovations, and school repairs.
    The Tourism Industry Association of PEI is addressing the need for kitchen staff by adding two weeks of hands-on culinary training to its Ready for Work training program. The program, aimed at youth, will now take 22 weeks to complete.
  • Week of Mar 06 - Mar 10, 2017

    The Home Depot will hire almost 190 full-time, part-time and seasonal positions across the Maritimes beginning in the spring, with 17 to be hired in Charlottetown. Candidates can attend in-store job fairs in March or view jobs at www.homedepot.ca/jobs.
    The PEI Trucking Sector Council is looking at how to attract and retain women to the trucking industry. Women currently represent about 6.5% of the Island's trucking workforce.
    PEI-based Somru Bioscience Inc. has received almost $1M in funding to build a new, 5,000 ft2 facility in Charlottetown's BioCommons Research Park. The biotechnology company started in 2012 and expects to create up to 15 jobs over the next 12 to 18 months.
    PEI's manufacturing sales were up 5.8% in 2016, compared to 2015. The Island's manufacturing industry led the country in growth and had $1.7B in sales in 2016. PEI has shown steady growth since 2012, with the largest sector being food manufacturing.
    Seafood producers in Atlantic Canada are benefiting from a low Canadian dollar, strong demand, and high seafood prices. Cooke Aquaculture states it has added 38 trucks to its fleet and expanded its workforce in recent years as a result.
    WA Grain Holdings Inc. will open a new field pea processing facility in Summerside's Slemon Park, called New Leaf Essentials East. The company has contracts with about 50 local farmers and the facility is expected to create up to 12 new jobs.
  • Week of Feb 27 - Mar 03, 2017

    The Great Canadian Dollar Store will open a new store in Charlottetown on February 25, 2017 in the Spring Park Plaza. The location has hired about 15 people and is still hiring. The franchise is planning to open three or four more stores in PEI.
    Montague Brewing Company is working to open a new microbrewery this summer in the former HGS building at 9 Brook Street in Montague. The brewery will have a Bavarian brewmaster, and will feature a canning line, onsite tap room and retail location.
    Sunrise Records, an Ontario-based music retail chain, is planning to move into 70 retail spaces being vacated by HMV Canada. Stores will begin opening across the country in the spring and Sunrise's expansion will create 700 jobs.
    The price of PEI potatoes did well in 2016, according to the farm product prices index released by Statistics Canada. PEI potatoes jumped to 169.3 on the index last year, compared to 150.2 in the previous year. Prices have trended upwards since 2004.
    The provincial and federal governments will invest nearly $4.6M to upgrade infrastructure at Holland College's Prince of Wales campus in Charlottetown. The funding will improve specialized research and training space, to better meet the needs of local industry.
    A study using Holland College enrolment numbers, forecasts that the number of women in trades will equal men in 45 years. Women only account for 5% of PEI's trade workforce, but programs such as Trade HERizons are helping women to explore trade careers.
    The federal government will provide over $450K through the Skills Link program, to help PEI youth who face barriers to employment. The project is aimed at assisting single parents, those with disabilities, newcomers, and those in rural and remote areas.
    Sekisui Diagnostics, which develops and manufactures innovative medical diagnostics on PEI, will receive $66K through the Canada Job Grant to provide training for 117 employees. Funding was also approved for Sekisui to hire and mentor recent graduates.
    Overnight stays on PEI were up 10.2% in 2016 compared to 2015, however restaurant and bar sales on the island only increased by 1.9%, according to Statistics Canada. Nationally, food and drink sales rose 6.3%.
    The federal government is investing over $1.4M to help PEI employers train new and existing workers for in-demand jobs. The money will be provided through the Canada¿PEI Labour Market Development Agreement and the Canada¿PEI Job Fund agreement.
    Health PEI is actively recruiting for two physicians to take over a practice left vacant at the Sherwood Family Medical Centre. The practice was vacated last year and served about 3,000 patients.
    Ikea announced that Charlottetown will be one of five new delivery depot locations in Atlantic Canada, where customers can have product delivered there for a flat fee of $59. Fredericton, New Glasgow, Sydney and St. John's, NF are the other locations.
    Work PEI will be hosting four Career Fairs across the province from March 6 to March 15, 2017. Over 75 employers will be recruiting for more than 675 openings. The fairs are being held in Montague, O'Leary, Summerside, and Charlottetown.
  • Week of Feb 20 - Feb 24, 2017

    The PEI government has posted tenders to build two new long-term care facilities in Montague and Tyne Valley, to replace the current manors in those areas. Tenders are expected back late in March 2017 and have construction completed by the Fall of 2018.
    Health Canada has given approval for Canada's Island Garden to sell medical marijuana. The company operates a 2,160 square-metre facility in the BioCommons Research Park in Charlottetown and has 13 full-time and five part-time staff.
    The Murphy Hospitality Group bought a former restaurant in Oyster Bed Bridge. Once renovated, the property will be used as an event centre, a place for weddings and corporate retreats. The plan is to hire six to 10 staff and be open by June 1, 2017.
    PEI's minimum wage will be the highest in Atlantic Canada, when it goes to $11.25 an hour on April 1, 2017. In April New Brunswick's minimum wage will go to $11 an hour, Nova Scotia's will be $10.85 an hour, and Newfoundland's wage will rise to $10.75.
    Prince Edward Island's retail sales increased by 6.6% in 2016 compared to 2015 levels, surpassing the national retail growth rate of 3.7%. The Island had $2.2B in total retail sales during the year.
  • Week of Feb 13 - Feb 17, 2017

    HGS Canada will host a job fair on February 16, 2017 and plan to hire staff to begin in the next few weeks at its Charlottetown contact centre. The company is looking to hire 170 people. Entry-level positions get paid an annual salary of about $27,500.
    The Tourism Industry Association of PEI will host its annual job fair at the Delta Hotel on Saturday, March 11, 2017. The deadline for employers to book a booth is February 28, 2017. Jobseekers could potentially be interviewed and hired the same day.
    Murphy's Pharmacies is opening a new pharmacy, food market and health centre in the former location of the Queen Street Co-op in Charlottetown. The store is planning to open on February 16, 2017 and medical staff will begin moving in by March 2017.
    The Panda Fun indoor playground, a jungle-themed facility, is planning to open in Charlottetown by the end of February 2017. The location will feature a jungle gym, ballpit, slides, as well as party rooms and an arts and crafts station.
  • Week of Feb 06 - Feb 10, 2017

    Layoff notices were issued to 49 government employees at Mill River Resort. The province sold the resort to a private buyer, who may hire staff back, but at a lower wage. The laid-off staff are mainly seasonal workers, except for nine that were permanent.
    DP Murphy Hotels and Resorts is opening a six-storey 120-room hotel on Capital Drive in Charlottetown. Contracts to build the hotel have not yet been tendered, however construction is expected to take 12 to 16 months.
    Irving Ltd. expects to hire almost 500 people on PEI over the next three years, mainly due to retirements. The company operates various subsidiaries such as Kent Building Supplies, Canvendish Farms, Kent Homes, Midland Transport and Master Packaging.
    A new Atlantic Immigration Pilot has been approved to help employers fill labour gaps more quickly. PEI has been approved to bring an additional 120 immigrants to the Island, who could be eligible for permanent residency status in as little as six months.
    Census figures for 2016 show that PEI had the largest population growth in Atlantic Canada at 1.9%, but was below the national average of 5.0%. Newfoundland grew by 1.0% since the 2011 census, Nova Scotia by 0.2%, and New Brunswick decreased by 0.5%.
    The University of Prince Edward Island (UPEI) saw its overall enrolment drop by 2.0% in 2015-16, mainly due to a 8.0% drop in students from PEI. Enrolment by international students grew by 15.6% over the year. UPEI had 4,188 students enrolled last year.
    Montana's BBQ and Bar officially opened its Charlottetown location on Babineau Drive this month. The restaurant received 200 job applications, hired 85 people, and can serve up to 170 customers.
  • Week of Jan 30 - Feb 03, 2017

    HMV Canada has informed employees that they will be closing 113 stores across Canada, including three in Atlantic Canada. No further details were provided as to when the closures will happen.
    Charlottetown's Queen Bee Games is developing a new video game thanks to $230K in funding from the Canada Media Fund. The money will be used to hire production people and market the game, which will launch in early 2018. The company has four staff.
    According to the head of the Canadian Agriculture Human Resources Council, PEI's shortage of agricultural workers is costing the industry millions. In 2014 the industry employed 4,900 workers, but 200 jobs were left unfilled, which cost the industry $4M.
    Atlantic Canadian provinces will now start designating employers that want to hire skilled immigrants as part of a new Atlantic Immigration Pilot. The plan is to help immigrants and their families to integrate into Atlantic communities and to remain here.
    A new micro-brewery plans to open up in the summer of 2017 in the Eastern Graphic building in Montague. Copper Bottom Brewing plans to produce kegs of beer for local restaurants, have cans for sale, and establish a taproom and entertainment venue.
    According to BuildForce Canada, almost 26% of PEI's construction workforce will retire over the next 10 years, requiring 1,500 construction workers to replace them. The industry is forecasting that 600 jobs will be added over the next five years as well.
    The Province of PEI announced that it will assist Trout River Industries in their expansion plans by providing labour rebates for up to 30 positions, as well as rental assistance toward operating a manufacturing facility in Bloomfield, PEI
    The PEI government will invest about $5M over the next three years to improve their Recorded Information Management (RIM) system. A full-time record analyst and additional RIM staff will be hired to address the growth of records being retained.
  • Week of Jan 23 - Jan 27, 2017

    Amalgamated Dairies Ltd, a producer-owned PEI co-op with dairy and retail food facilities across the Island, has begun a $12M expansion. Money is being spent to build a new warehouse, to upgrade technology, and to train and hire additional staff.
    Mighty Pebble Games of Charlottetown will release its first video game next month, with the financial help from Skills PEI and Innovation PEI. The game developer contracted out for an artist and sound engineer and hopes to expand the company.
    Retail sales across PEI in November 2016 were $191 million or 9.1% higher than in 2015. PEI led the country in retail growth, with national sales growth at 3.0% annually.
    UPEI will offer a Bachelor of Science in Paramedicine for those with a diploma in paramedicine from Holland College or a similarly accredited institution. The program is the first of its kind in Canada and provides paramedics with more academic knowledge.
    The Consolidated Credit Union in Borden-Carleton will be closing on January 27, 2017. The night deposit and ATM will remain at that location and staff will move to the Summerside office on Water Street.
    A study by the Maritime Provinces Higher Education Commission has compared Grade 12 students' expectations to the experience of university graduates. Expectations of length of time to complete a degree and how to pay for it differed from the reality.
    The clothing store Urban Planet will open a store in the Charlottetown Mall as its anchor tenant. The number of jobs to be created and the opening date will be announced later.
  • Week of Jan 16 - Jan 20, 2017

    The PEI government is changing its employment assistance services to a more integrated model under the Work PEI banner. There are currently 11 contractors offering services, but a tender for services will look for five new providers to start in July 2017.
    The Charlottetown Airport set a new record for annual passengers with 350,000 people using the airport in 2016. This is an increase of 12% compared to 2015. Traffic at the airport has grown by 57% in the past 10 years as well.
    According to a report from the Atlantic Provinces Economic Council, PEI has the lowest immigrant retention rate in Atlantic Canada. Of the immigrants that arrived to PEI five years ago, 41% remained on the island compared to 70% in Nova Scotia.
    A survey conducted by Angus Reid has found that only about half of disabled Canadians have a full or part-time job, while nearly 80% of the general population are employed. Two-thirds said that their lack of work was a direct result of their disability.
    The new owners of the Mill River Resort state that the redevelopment of the property will lead to 100 construction jobs over 30 months. The owners will invest at least $1M towards new banquet and meeting rooms, as well as indoor and outdoor attractions.
    ACOA is giving Delivra's Charlottetown laboratory a $655,000 loan to buy needed equipment and to help it break into the U.S. market. The Ontario-based company, which makes pain-relief products, has hired two people this year and has plans to hire two more.
    ACOA and the PEI Government are providing financial support in order to establish Atlantic Canada's first vinyl record pressing plant. Kaneshii Vinyl Press will operate out of Charlottetown and will focus on small-run productions at an affordable price.
    An old courthouse in Abram-Village is being transformed into a malting facility. The PEI company, Productions Piroune, will take local barley and turn it into Maritime Malt. The co-founders hope that their hops will be available to brewers by this summer.
  • Week of Jan 09 - Jan 13, 2017

    The Buddhist monk monastery in Heatherdale will be undergoing a multimillion-dollar expansion project that will take five to seven years to complete. The construction project is being done by Island companies and will create hundreds of PEI jobs.
    SongCat Music Inc. in Charlottetown is expanding its operation by building new technology and will begin hiring for highly skilled technical and customers service positions over the next year. SongCat offers online professional music production.
    BioVectra Inc., a Charlottetown bioscience company, is set to launch the company's next stage of growth. The company wants to build global partnerships and plans to hire staff in research and development, quality assurance and control, and production.
    After more than 40 years in business, the Kentucky Fried Chicken (KFC) restaurant in Stratford closed its doors on December 31, 2016. The restaurant employed 16 people, who were mainly part-time staff. PEI has five other KFC outlets in the province.
    A new PEI business called Treetop Haven, is hoping to that their winter tree pods will be completed and available to rent by the end of February. Located in Mount Tryon, guests will be able to rent one of five geodesic domes mounted on raised decks.
    UPEI has reached a tentative collective agreement with its 280 support staff. CUPE Local 1870 will take the deal back to its members for ratification. The membership includes technical staff, programmer analyst and administrative support service positions.
    Some PEI oyster companies are reporting an increase demand for oysters in 2016. Raspberry Point Oysters estimate that their sales grew by 10 to 20%, while Atlantic Shellfish state that their sales doubled. Growth is being seen across the industry.
    MacDougall Steel Erectors will take over the former McCain facility in Borden-Carleton, with the hopes of adding up to 140 jobs. The PEI company manufactures steel buildings and currently employs over 100 workers at a plant in the region.
    The Mill River Resort will begin a major redevelopment in the spring thanks to $7.6 million in investments from the Province of PEI. The property was sold to a local businessman, who is looking to update the resort and increase jobs in the region.
  • Week of Jan 02 - Jan 06, 2017

    PEI-based manufacturer, Trout River Industries, is looking to increase its workforce beyond its current staff of 105. The Prince County company is expanding globally and recently shipped a large order of trailer components to Jordan-based Manaseer Group.
    New PEI legislation governing child care and early-learning centres came into effect on January 1, 2017. The Early Learning and Child Care Act has new requirements regarding curriculum, equipment, health and safety, as well as enforcement measures.
    According to Statistics Canada, PEI manufacturers are leading Atlantic Canada in growth. Manufacturing in PEI grew by 12.8% from 2014 to 2015 and had $1.9B in revenues in 2015. Big gains came from chemical and transportation equipment manufacturing.
    PEI's five French daycare centres have been unable to operate at full capacity due to a shortage of French speaking staff on the island. The daycare centres have started recruiting abroad for French childhood educators as a result.
  • Week of Dec 26 - Dec 30, 2016

    Construction is slated to begin for a new Dixie Lee Chicken restaurant, which is expected to be completed in the spring of 2017. The 40 seat establishment will be across the street from the Harbourfront Theatre in Summerside.
  • Week of Dec 19 - Dec 23, 2016

    ACOA announced that funding will be provided to Lennox Island First Nation to create a new shellfish hatchery in Ellerslie, PEI. Aquaculture operators will have access to diverse seeds, allowing them to produce high-value products and increase exports.
    ACOA announced that funding will be provided to Lennox Island First Nation to create a new shellfish hatchery in Ellerslie, PEI. Aquaculture operators will have access to diverse seeds, allowing them to produce high-value products and increase exports.
    The province's first indoor trampoline facility, Off the Wallz, will open in late December 2016 at Slemon Park in Summerside. It is expected that 20 to 30 employees will be hired for the facility, which features 14,000 square feet of recreation space.
    Montague's Atlantic Roasted Products Inc. received a $119,000 loan from ACOA to purchase a natural air drying system. The system will improve the quality of the feed, which the company hopes will help the business thrive and be able to hire more people.
    Frontier Power Systems, a manufacturer of wind turbine blades, will move into the old Georgetown Timber Yard in eastern PEI. The move is part of the company's expansion plans and will allow it to increase its staffing levels from eight to 22 employees.
    PEI groups representing seafood processors and migrant workers are encouraged by changes to the temporary foreign worker program. A cumulative-duration rule was scrapped and seasonal industries can be exempted from a cap on workers for up to 180 days.
  • 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.
    The Canadian Union of Public Employees Local 1870, which represents 280 support staff at UPEI, has filed for conciliation after contract negotiations broke down. Members include technical staff, programmer analyst and administrative support positions.
    According to the Canada Mortgage and Housing Corporation, the apartment vacancy rate in PEI went from 4.8% in October 2015 to 2.1% in October 2016. Contributing to the lower vacancy rate are an influx of immigrants, downsizing seniors, and students.
    Moth Lane Brewing in Ellerslie, PEI is slated to open before Christmas and will be the first microbrewery in Prince County. The beer is brewed on the lower level, while the main level will be a pub capable of seating 50 people.
    Mi'kmaq Confederacy of PEI has received approval from Charlottetown city council for its proposal to construct a three-storey building on the waterfront. The building will house a cultural centre, a space for programming, and retail space.
    Charlottetown city council passed a mobile canteen bylaw amendment, which will allow food trucks on private property to be open year round. Restrictions still apply inside the 500-lot area, where food trucks can only operate over a six-month period.
    PEI's Cavendish Farms announced a $350M infrastructure deal to build a new frozen potato processing plant in Lethbridge, AB. The deal will allow Cavendish to expand its business and create demand for an additional 3,640 hectares of potatoes.
    PEI's population grew by 1.38% in 2016 and now has a population of nearly 150,000 people. In the first three quarters of 2016, almost 2,000 immigrants came to the Island, while 830 people left the province due to out migration during that same period.
  • 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.
    The Centre for Aquaculture Technologies Canada (CATC), an aquaculture research centre, has established operations in a former fish plant in Souris. The company currently employs 21 people, but plans to expand to 30 employees by the end of 2017.
    PEI will be losing a radiation oncologist, as well as a medical oncologist at the end of December. Health PEI is recruiting for these positions, as the province is supposed to have a total of five full time medical and radiation oncologists on staff.
    Nautican Research and Development is opening a new manufacturing facility in Summerside, which is expected to add 21 new full-time jobs over the next three years. The company builds efficient marine propulsion products and currently has six employees.
    The federal government through Farm Credit Canada, is increasing the value of loans available to young farmers from $500K to $1M. Farmers have to provide a 20% down payment of the loan value. Loans can be used to get their businesses up and running.
    Kangaroo Hub, a Charlottetown company, is set to start a new grocery delivery service to households in the city. The company currently employs about 15 drivers for its other delivery services, but expects to hire more people as the new service takes off.
  • 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.
    A PEI gastroenterologist, hired on a temporary basis several years ago, has accepted a job in Newfoundland. This will leave only one gastroenterologist in PEI at the end of the month. Health PEI has searched for two years to get a permanent doctor.
    Port Charlottetown finished the 2016 cruise season with over 66,000 passengers, but is expecting 2017 to be its best season with 83 ships and over 110,000 passengers. The port's growing popularity is estimated to add $49.4M into the provincial economy.
  • 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.
    The Canada Revenue Agency (CRA) issued 182 letters to its staff in Summerside, stating that their work will no longer be done there. CRA has given staff six months to decide if they want to relocate or stay in Summerside and apply for a different job.
    Mermaid Marine, a wholesale marine distributor in Charlottetown, is looking to hire additional employees on top of its current staff of 25
    The provincial government is in the process of consolidating the development corporations of Charlottetown and Summerside. The aim is to involve the private sector with the municipalities, in order to develop a strategic approach to economic development.
    According to the BMO Blue Book, PEI's trade and tourism are supporting economic growth, while the province's knowledge-based and technology companies are growing in importance. The report shows exports are up 7% over the year, while employment has dropped 2% from 2015 to 2016.
    The $3.5M expansion project at the Gillis Lodge nursing home in Belfast has started with 31 rooms and 17,000 square feet to be added. Slated to open in August 2017, an extra 21 direct care jobs will also be required.
    According to an economist with Farm Credit Canada, PEI's agriculture outlook is positive thanks to a low Canadian dollar and a strong demand for potatoes. PEI's GDP growth is above the national average and the province has a strong manufacturing base.
  • Week of Aug 29 - Sep 02, 2016

    According to a recent report from Statistics Canada, PEI's average weekly wages are the lowest in the country at $827, which is a 1.9% increase over June 2015. Nova Scotia had the next lowest wage at $845 a week.
  • 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

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Occupational Outlook

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Update of the National Occupational Classification (NOC) 2016

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