Annual Statistical Review 2009
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36th Annual Statistical Review 2009 One Island Community One Island Future June 2010 Province of Prince Edward Island Thirty-sixth Annual Statistical Review 2009 Prepared by: P.E.I. Statistics Bureau Department of Finance and Municipal Affairs May 2010 Government of Prince Edward Island Home Page: www.gov.pe.ca/ Photo credits: Barrett and MacKay Photography and Tourism P.E.I. Table of Contents Foreward .................................................................................................................................... 1 Map of Prince Edward Island ..................................................................................................... 2 A Historical Note ....................................................................................................................... 3 Key Facts About Prince Edward Island....................................................................................... 4 Economic Review 2009 .............................................................................................................. 7 Overview ............................................................................................................................................ 7 The Canadian Economy .................................................................................................................... 8 The American Economy ................................................................................................................... 10 The Prince Edward Island Economy ............................................................................................... 11 Industrial Profiles ......................................................................................................................... 15 Index of Statistical Tables .........................................................................................................21 Table No. Page No. 1 to 15 Population and Census .......................................................................................... 29 to 43 16 to 20 Labour Force ........................................................................................................... 44 to 46 21 to 33 Income and Taxation .............................................................................................. 47 to 55 34 to 40 Gross Domestic Product, Interest and Exchange Rates ......................................... 56 to 62 41 to 44 Price Indexes ........................................................................................................... 63 to 66 45 to 48 Trade ........................................................................................................................ 67 to 69 49 to 56 Investment and Construction ................................................................................ 70 to 74 57 to 75 Farming, Fishing and Forestry ................................................................................ 75 to 84 76 to 78 Tourism and Accommodations .............................................................................. 85 to 86 79 to 88 Manufacturing and Energy ..................................................................................... 86 to 91 89 to 90 Transportation ........................................................................................................ 92 to 93 91 to 106 Education, Justice and Health .............................................................................. 94 to 104 107 to 112 Government ........................................................................................................ 105 to 110 Foreward I am extremely pleased to present the 2009 Annual Statistical Review. The thirty-sixth edition is truly a snapshot of the Island’s economy, population and social make-up. It contains a comprehensive description of the Province’s economic performance in 2009, a section entitled Key Facts About Prince Edward Island, as well as over 100 data tables compiled from a variety of sources, including Statistics Canada, Provincial Government Departments and the private sector. The data tables of the review provide historical and current socio- economic information about Prince Edward Island at the provincial level and, in some cases, at sub-provincial levels. Together they form an indispensable reference on the Island population and its economy. The Government of Prince Edward Island has made important strides to facilitate access to data and statistics. A Statistics Act was introduced during the spring 2010 session of the Legislature and Community Accounts have been developed in cooperation with the Quality of Island Life Cooperative and the Government of Newfoundland and Labrador. These initiatives will provide communities access to data and statistics about their community in an online, open-access format. Making this information available at the community level will allow community organizations, development groups and businesses to develop strategies for growth that are based on the best available statistical information. The staff of the Prince Edward Island Statistics Bureau of the PEI Department of Finance worked very hard to prepare this Review. I would like to personally thank them for their hard work and diligence. All statistics are referenced to their original source and the reader is encouraged to consult these documents for related or more detailed information on topics of particular interest. For additional statistical information the reader may visit the Prince Edward Island government website at http://www.gov.pe.ca/finance/index.php3. This site contains the annual Prince Edward Island Economic Progress Reports, monthly updates of key economic indicators, data regarding the Censuses of Population and Agriculture, population data, as well as links to interactive maps of Prince Edward Island, which highlights community profiles. If you have any suggestions, comments or statistical inquiries, feel welcome to contact the staff of the Economics, Statistics and Federal Fiscal Relations Section at (902) 368-4030. Wesley J. Sheridan Provincial Treasurer 36th Annual Statistical Review 1 36th Annual Statistical Review 2 A Historical Note Before the European explorations, Prince Edward Island was frequently used by the Mi’kmaq People for fishing, hunting and some planting. The Mi’kmaq called the island Epekwitk, meaning “cradle on the waves.” Europeans later changed the pronunciation of the name to Abegweit. Historians credit the European discovery of the Island to Jacques Cartier, the French navigator, who claimed the Island for Francis I, King of France, on July 1, 1534. In 1720 the Island, then called Île Saint Jean, was colonized by 300 French settlers, sponsored by a commercial company of the Comte de Saint Pierre. The Island was ceded to Great Britain in 1763. Two years later the designated capital city of the Island of St. John took on the name Charlotte Town in honour of Queen Charlotte, wife of King George III of England. In 1799 the colony was renamed Prince Edward Island in honour of Edward, Duke of Kent, who was then commander of the British forces in North America. Prince Edward Island is known as the “Cradle of Confederation”, because the Charlottetown Conference, held there in 1864, initiated the movement toward Canada’s federation. The Island became a province in 1873. The Armorial Bearings 1 of the Province of Prince Edward Island, shown above, were proclaimed to come into force on December 13, 2002. The centrepiece is the Shield of Arms, granted by King Edward VII in 1905, featuring the English heraldic lion, a large oak tree on the right and three young saplings on the left. The mature tree originally represented England, while the three saplings stand for the three counties - Kings, Queens and Prince. Scrolled along the bottom of the Shield of Arms are the Latin words Parva Sub Ingenti, which, when translated, read: The small under the protection of the great. The surrounding elements of the Armorial Bearings illustrate significant characteristics of the province, its position in the Canadian federation, its founding peoples and its natural resources. 1 Description of the Armorial Bearings on this page, and the provincial flag and bird on the following pages, is adapted from the government publication The Symbols of Prince Edward Island. 36th Annual Statistical Review 3 Key Facts About Prince Edward Island Land area ......................................5,684 sq. km (1,404,547 acres) Total area of farms ........................ 2,509 sq. km (619,885 acres) Population (July 1, 2009, preliminary) ........................... 140,985 2006 Census count (May 16, 2006) ................................. 135,851 Number of households (2006 Census) ........................... 53,135 Urban population (2006 Census) ..................................... 61,721 Rural population (2006 Census) ................................... 76,906 Provincial Flag Farm population (2006 Census) .........................................5,295 The design of the Prince Edward Island Flag is modelled after the Coat Non-farm population (2006 Census) .............................. 130,556 of Arms in rectangular shape and is bordered on the three sides away from Francophone population (2006 Census)..............................5,665 the mast by alternate bands of red and Population density per sq. km (2006 Census) .......................... 24 white. The official flag was established March 24, 1964. Counties and their populations (2006 Census): Kings County