Sitting off the coast of Nova Scotia and New Brunswick, Prince Edward Island is Canada's only totally island province. Unlike many other Canadian provinces, Prince Edward Island's economy doesn't have a significant manufacturing or industrial component. Instead, agriculture, tourism, and fishing are mainstays of the economy.
The cost of living in PEI is one of Canada's lowest. However, hand-in-hand with that low cost of living is a lower average income. Recently Prince Edward Island raised its minimum wage to C$10.50, putting it on par with other provinces.
Prince Edward Island Job Opportunities
Prince Edward Island's agricultural industry is responsible for growing 20 per cent of Canada's potatoes. Agriculture has been Prince Edward Island's most significant industry for hundreds of years, and it has led to other areas of economic growth. Exports have led to a burgeoning aerospace industry.
Coastal jobs in Prince Edward Island rely heavily on the fishing industry, particularly in shellfish harvesting for mussels, oysters, and lobster.
Prince Edward Island has eight hospitals which are all part of a single network, Health PEI. Cancer research, new residency opportunities, and new family health centers attract healthcare workers to Prince Edward Island. The government has invested in updating facilities, which also creates jobs and attracts more healthcare professionals.
Prince Edward Island Employment Trends
Prince Edward Island has focused on recycling and renewable energy in recent years. Wind turbines provide significant amounts of renewable energy, and the government continues to enact initiatives to increase the amount of renewable energy for PEI. Canadians with experience in renewable energy or an interest in a career in the renewable energy industry should include jobs in Prince Edward Island in their searches. The renewable energy industry offers jobs in many areas, including administration and engineering.