Prince Edward Island Province Profile

Prince Edward Island's debt burden expected to have continued moderate growth due to weak revenue sources; housing starts and sales are forecast to decline in 2009, then recover in 2010 while home prices steadily increase.

• Province job growth fell 1.1% in September 2009 from a year ago; national job growth fell 2.1%.
• Province unemployment averaged 11.8% in September 2009; the national average was 8.4%.
• Average weekly earnings rose 4.2% to $699 in July 2009 from a year ago.
• Provincial revenue rose 4.5% in FY 2009 from the previous year.
• Exports rose 3.7% to $485 million in the first seven months of 2009 from a year ago.