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Annual Statistical Review 2015

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Annual Statistical Review 2015 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 Foreword ...........................................................................................................................................1 Map of Prince Edward Island ...........................................................................................................2 A Historical Note ...............................................................................................................................3 Key Facts About Prince Edward Island ............................................................................................4 Economic Review 2014 ......................................................................................................................7 Overview ...........................................................................................................................................7 The Canadian Economy ..................................................................................................................8 The American Economy ..................................................................................................................9 The Prince Edward Island Economy .............................................................................................10 Industrial Profiles ..........................................................................................................................14 Index of Statistical Tables ...............................................................................................................18 Table No. Page No. 1 to 15 Population and Census .....................................................................................25 to 39 16 to 23 Labour Force .......................................................................................................40 to 44 24 to 36 Income and Taxation .........................................................................................45 to 53 37 to 43 Gross Domestic Product, Interest and Exchange Rates ....................................54 to 60 44 to 47 Price Indexes....................................................................................................... 61 to 64 48 to 51 Trade ...................................................................................................................65 to 67 52 to 59 Investment and Construction ...........................................................................68 to 72 60 to 78 Farming, Fishing and Forestry ...........................................................................73 to 82 79 to 82 Tourism and Accommodations .........................................................................83 to 85 83 to 92 Manufacturing and Energy ................................................................................85 to 90 93 to 95 Transportation .................................................................................................... 91 to 92 96 to 109 Education, Justice and Health .........................................................................93 to 102 110 to 113 Government ................................................................................................... 103 to 106 Welcome to the 2015 Annual Statistical Review The Annual Statistical Review is one of the most important documents produced by the government of Prince Edward Island. This annual snapshot of our province helps government make important policy decisions. Since it is a comprehensive overview of our economy, population, and social composition, it is a valuable tool to help determine where – and when – programs and services are needed. There are many interesting facts found in the more than 100 data tables, including details of our province’s economic performance in 2015. These tables give us current and historic socio-economic information about Prince Edward Island. The information is compiled from a variety of sources, including provincial government departments, the private sector, and Statistics Canada. The return of the mandatory long-form census in 2016 will help to make the Statistics Canada information – and by extension, our Annual Statistical Review – even more accurate and complete next year. I would like to personally thank the staff of our Statistics Bureau for their hard work and diligence in gathering the information for this year’s document. All statistics have references to their original source, and I encourage you to consult them – you can also visit www.gov.pe.ca/finance/statistics for current statistical information online. If you have any suggestions, comments or statistical inquiries, please contact the staff of the Prince Edward Island Statistics Bureau at (902) 368-4030. Allen Roach Minister of Finance Prince Edward Island 42nd Annual Statistical Review 1 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 Bearings1 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. 42nd Annual Statistical Review 3 Key Facts About Prince Edward Island Land area ................................................. 5,656 sq. km (1,397,628 acres) Total area of farms .................................... 2,405 sq. km (594,324 acres) Population (July 1, 2015, preliminary) ........................................146,447 2011 Census count (May 10, 2011) ...............................................140,204 Total private dwellings (2011 Census) .......................................... 66,943 Urban population (2011 Census) .................................................. 80,975 Rural population (2011 Census) ................................................ 59,229 PROVINCIAL FLAG Farm population (2011 Census) .....................................................5,150 The design of the Prince Edward Island Flag is modelled after the Coat of Arms Non-farm population (2011 Census) ...........................................132,225 in rectangular shape and is bordered on Francophone population (2011 Census)..........................................5,190 the three sides away from the mast by alternate bands of red and white. The Population density per sq. km (2011 Census) ................................... 24.8 official flag was established March 24, 1964. Counties and their populations (2011 Census): Kings County (area: 1,684 sq. km) ...................................................................................................... 17,990 Queens County (area: 2,020 sq. km) .................................................................................................... 77,866 Prince County (area: 1,980 sq. km) ...................................................................................................... 44,348 Population of selected Island communities (2011 Census): Cities: Charlottetown (incorp.1855) ............................ 34,562 Summerside (incorp.1877) ................................ 14,751 Towns: Cornwall (incorp.1995) ....................................... 5,162 Stratford (incorp.1995) ....................................... 8,574 Georgetown (incorp.1912) ..................................... 675 Population by Federal Electoral Districts (2011 Census): Cardigan .......................................................................... 36,005 Egmont ............................................................................ 34,598 PROVINCIAL BIRD During the 1977 session of the PEI Charlottetown
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