Vital Signs Data
Sustainable Development Goal (SDG)
SDG 8: Ensure sustained and inclusive economic growth to drive progress, create decent jobs for all and improve living standard.
Employment by Sector
The chart below shows total employment, including both employees and self-employed individuals, and average wages in each sector.
Employment concentration highlights which industries are strong or dominant in a region. A baseline of 1.0 means employment in that industry is equal to the national average. In PEC, the dominant industries are agriculture (3.65), accommodation and food services (1.8), arts, entertainment and recreation (1.79), and public administration (1.55).
Sectors employing the most people in 2024 are health and social assistance (1,529 jobs), accommodation and food services (1,500), and public administration (1,333).Employers are currently facing workforce shortages, skill gaps, rising input costs, and increased debt loads (Canadian Chamber of Commerce). Additionally, the shortage of affordable housing is making it more difficult to attract and retain workers.
Business Growth & Decline
Employment is growing in accommodation and food services, driven by the strong tourism economy. Construction is also seeing growth, supported by numerous new housing developments in the area.
Source: Lightcast
Business Size
Source: Lightcast
Agriculture Sector
Source: Statistics Canada Agriculture Census
