Economic Indicators

Labour Market

JUN 2026

Employment

96,600


Persons

5.0% Y/Y

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JUN 2026

Participation Rate

66.9%


1.5% Y/Y

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MAY 2026

Avg Weekly Earnings

$1,190


Weekly

4.5% Y/Y

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DEC 2025

Labour Income

493.5M


9.2% Y/Y

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JUN 2026

Unemployment

7.6%


0.9% Y/Y

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MAY 2026

EI Beneficiaries

4,610


3.1% Y/Y

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Economic

2024

GDP

8.48B


Chained ’17 $

3.8% Y/Y

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2024

Productivity

$46.40


$/hr

1.1% Y/Y

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MAY 2026

International Exports

$251.3M


20.4% Y/Y

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2024

Trade Balance

-$1,284M


1.0% Y/Y

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Demographic

Q2 2026

Population

181,715


Persons

0.2% Y/Y

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2025

Working Age

119,218


Persons

1.4% Y/Y

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2025

Median Age

41.0


Years

0.1 yrs Y/Y

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Q1 2026

International

-181


Persons

Y/Y

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Q1 2026

Interprovincial

-39


Persons

Y/Y

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Q2 2026

NPR Population

9,589


Persons

2267 Y/Y

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Industry

MAY 2026

Motor Vehicle Sales

869 Units


6.1% Y/Y

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JUNE 2026

CPI

174.0


3.8% Y/Y

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MAY 2025

Retail Trade

$328.8M


9.0% Y/Y

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MAY 2026

Wholesale Trade

112.4M


16.6% Y/Y

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MAY 2025

Manufacturing Sales

331.7M


1.0% Y/Y

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Agriculture

2025

Net Farm Income

$22.5M


76.9% Y/Y

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Q1 2026

Farm Cash Receipts

$214.5M


5.1% Y/Y

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2024

Lobster Landed Value

$358.4M


7.0% Y/Y

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Construction

Q2 2026

Housing Starts

512


New units

184 Y/Y

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MAY 2026

Building Permits

$117.0M


68.3%Y/Y

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OCT 2025

Vacancy Rate

2.1%


1.3% Y/Y

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2025

Total Investment

$1,291.0M


1.3% Y/Y

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MAY 2026

Residential

$63.5M


16.1% Y/Y

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MAY 2026

Non-residential

$18.7M


23.3% Y/Y

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Tourism

FEB 2025

Overnight Stays

21.5


x 1,000 units

0.1% Y/Y

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MAR 2026

Food & Drink Receipts

$38.6M


2.6% Y/Y

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