Economic Indicators Labour Economic Demographic Industry Agriculture Construction Tourism Labour Market MAR 2025 Employment 93,900 Persons 2.4% Y/Y Learn more… MAR 2025 Participation Rate 66.4% 0.1% Y/Y Learn more… JAN 2025 Avg Weekly Earnings $1,097 Weekly 4.6% Y/Y Learn more… DEC 2024 Labour Income 458.2M 10.6% Y/Y Learn more… MAR 2025 Unemployment 7.5% 0.1% Y/Y Learn more… JAN 2025 EI Beneficiaries 10,400 3.1% Y/Y Learn more… Economic 2023 GDP 8.06B Chained ’17 $ 2.2% Y/Y Learn more… 2023 Productivity $46.90 $/hr 4.7% Y/Y Learn more… FEB 2025 International Exports $213.3M 23.8% Y/Y Learn more… 2023 Trade Balance -$1,463M 5.0% Y/Y Learn more… Demographic Q1 2025 Population 179,280 Persons 1.7% Y/Y Learn more… 2024 Working Age 116,500 Persons 3.1% Y/Y Learn more… 2024 Median Age 41.3 Years 0.5 yrs Y/Y Learn more… Q4 2024 Net Migration 72 Persons 477 Y/Y Learn more… Q4 2024 International 270 Persons Y/Y Learn more… Q4 2024 Interprovincial -198 Persons Y/Y Learn more… Industry FEB 2025 Motor Vehicle Sales 571 Units 14.4% Y/Y Learn more… MAR 2025 CPI 167.7 1.8% Y/Y Learn more… JAN 2025 Retail Trade $304.4M 0.1% Y/Y Learn more… DEC 2024 Wholesale Trade 123.4M 10.9% Y/Y Learn more… FEB 2025 Manufacturing Sales 316.0M 16.8% Y/Y Learn more… Agriculture 2023 Net Farm Income $103.7M 81.3% Y/Y Learn more… Q4 2024 Farm Cash Receipts $207.1M 0.4% Y/Y Learn more… 2023 Lobster Landed Value $298.8M 4.5% Y/Y Learn more… Construction Q4 2024 Housing Starts 357 New units 104 Y/Y Learn more… FEB 2025 Building Permits $40.5M 65.5%Y/Y Learn more… OCT 2024 Vacancy Rate 0.8% 0.3% Y/Y Learn more… 2025 Total Investment $1,291.0M 1.3% Y/Y Learn more… JAN 2025 Residential $99.2M 1.2% Y/Y Learn more… JAN 2025 Non-residential $29.4M 55.5% Y/Y Learn more… Tourism DEC 2024 Overnight Stays 18.6 x 1,000 units 5.8% Y/Y Learn more… JAN 2025 Food & Drink Receipts $37.4M 5.1% Y/Y Learn more…
