Our Chamber wishes to inform our membership of the Government of PEI’s release of a Population Framework and a Housing Strategy, as labour force and housing are consistently major concerns we hear from our membership.


Population Framework

  • Titled “Growing Together: A Population Framework for Prince Edward Island”, this framework aims to guide and inform provincial policies, investments, and projections.
  • The framework is predicting PEI’s population to reach 200,000 by 2030.
  • With the release of this framework, the government also announced it intends to reduce its use of the allotted annual federal immigration candidates nominated by 25% for 2024. The province says it’s focused on aligning nominations with key sectors including trades, childcare, and healthcare.

The framework focuses on five priorities around population growth:

  1. Expanding critical infrastructure and public services
  2. Building and retaining PEI’s workforce
  3. Supporting land-use planning and environmental sustainability
  4. Enhancing community connectedness and a sense of belonging
  5. Long-term planning and reporting

Some actions for the Population Framework include, but are not limited to:

  • Dedicate investments to support capacity building with organizations and employers to provide diverse and inclusive workplaces.
  • Increase the number of experiential learning opportunities with the private sector.
  • Refocus provisional immigration streams to address workforce needs in critical sectors and high-demand occupations.
  • Ensuring regular communications and reporting to the public and stakeholders on key metrics and progress, including an online dashboard.
  • Ensuring that planning and policy decisions consider and reflect PEI’s changing demographics and the needs of all residents.
  • Developing a cross-government committee responsible for this framework to ensure focus and alignment of actions and priorities across government.

Note: over the last two years, our Chamber has advocated for the province to re-visit its population strategy and ensure provincial supports are in place to meet the federal government’s targets, including recruitment and retainment of immigrants that align with workforce needs.


Housing Strategy 



  • Growing housing starts to new levels towards the required average annual 2,000 units.
  • Achieve and maintain a healthy market vacancy rate of 2-4%.


  • Explore opportunities to increase the supply of permanently affordable rental housing through acquisitions and new constructions.
  • Prioritize the most in need on the PEI Social Housing Registry while working to eliminate the registry.
  • Reduce the number of Islanders with a core housing need, spending more than 30% of their before-tax household income on housing.
  • Provide support to first-time home buyers.
  • Increase the number of participants and funds invested to help keep people in their homes.


  • Work to end chronic homelessness.
  • Increase the availability of supportive housing units.

Note: our Chamber has advocated for, and will continue to advocate for, the acceleration of housing development and for the province to work closely with private-sector developers, municipalities, and other relevant stakeholders (including our Chamber) to increase the overall supply of housing units in PEI.