Economic Indicators

Labour Market

APR 2026

Employment

95,500


Persons

2.0% Y/Y

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APR 2026

Participation Rate

66.5%


0.8% Y/Y

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MAR 2026

Avg Weekly Earnings

$1,178


Weekly

7.7% Y/Y

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DEC 2025

Labour Income

493.5M


9.2% Y/Y

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APR 2026

Unemployment

8.0%


1.0% Y/Y

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MAR 2026

EI Beneficiaries

10,370


9.3% 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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MAR 2026

International Exports

$218.1M


23.1% Y/Y

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2024

Trade Balance

-$1,284M


1.0% Y/Y

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Demographic

Q1 2026

Population

182,001


Persons

0.7% 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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Q4 2025

International

-286


Persons

Y/Y

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Q4 2025

Interprovincial

-71


Persons

Y/Y

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Q1 2026

NPR Population

11,368


Persons

2154 Y/Y

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Industry

MAR 2026

Motor Vehicle Sales

719 Units


18.6% Y/Y

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APR 2026

CPI

172.6


3.4% Y/Y

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MAR 2025

Retail Trade

$323.2M


5.5% Y/Y

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MAR 2026

Wholesale Trade

118.2M


3.3% Y/Y

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MAR 2025

Manufacturing Sales

310.9M


9.0% Y/Y

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Agriculture

2025

Net Farm Income

$22.5M


76.9% Y/Y

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Q4 2025

Farm Cash Receipts

$221.4M


1.9% Y/Y

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2024

Lobster Landed Value

$358.4M


7.0% Y/Y

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Construction

Q1 2026

Housing Starts

424


New units

1 Y/Y

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MAR 2026

Building Permits

$53.2M


19.2%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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MAR 2026

Residential

$58.1M


44.8% Y/Y

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MAR 2026

Non-residential

$18.9M


31.1% Y/Y

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Tourism

DEC 2025

Overnight Stays

19.5


x 1,000 units

3.9% Y/Y

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JAN 2026

Food & Drink Receipts

$38.3M


2.6% Y/Y

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