Prince Edward Island (PEI), Canada’s smallest province, offers diverse employment opportunities with competitive wages across sectors. In 2024, PEI showcases a varied wage landscape, from skilled trades to retail industries.

Highest-Paying Industries in PEI

Here are the top industries in PEI based on average hourly pay in 2024:

  1. Building Equipment Contractors: $33.31/hr
  2. Specialty Trade Contractors: $31.75/hr
  3. Construction: $30.80/hr
  4. Professional, Scientific and Technical Services: $30.08/hr
  5. Accounting, Tax Preparation, Bookkeeping, Payroll: $29.65/hr
  6. Health Care and Social Assistance: $28.97/hr
  7. Goods Producing Industries: $28.81/hr
  8. Durable Goods: $28.58/hr
  9. Transportation and Warehousing: $28.14/hr
  10. Health and Personal Care Retailers: $27.57/hr

These figures highlight PEI’s robust construction and contracting sectors, with health care and professional services following closely.

Key Observations and Economic Insights

  • Construction and Trades Lead: Building-related sectors dominate the top ranks, indicating strong demand for skilled labor.
  • Health Services Resilient: Health care remains a solid wage performer, reflecting national trends in aging populations.
  • Retail and Service Sectors: While essential, these industries show lower hourly pay, e.g., Food and Beverage Retailers at $19.44/hr.

Highest Hourly Wages by Industry in PEI (2024)

RankIndustryAverage hourly pay in 2024
1Building equipment contractors$33.31
2Specialty trade contractors$31.75
3Construction$30.80
4Professional, scientific and technical services$30.08
5Accounting, tax preparation, bookkeeping and payroll services$29.65
6Health care and social assistance$28.97
7Goods producing industries$28.81
8Durable goods$28.58
9Transportation and warehousing$28.14
10Health and personal care retailers$27.57
11Health and personal care retailers$27.57
12Truck transportation$27.28
13Manufacturing$26.18
14Wholesale trade$26.06
15Industrial aggregate excluding unclassified businesses$25.55
16Non-durable goods 9$25.40
17Service producing industries$24.51
18Education special$24.28
19Trade$22.31
20Retail trade$21.71
21Sporting goods, hobby, musical instrument, book, and miscellaneous retailers$20.72
22Administrative and support, waste management and remediation services$20.33
23Administrative and support services$20.11
24Gasoline stations and fuel vendors$19.52
25Food and beverage retailers$19.44

FAQ

What is the highest-paying industry in PEI in 2024?
Building Equipment Contractors lead with an average hourly wage of $33.31.

Are health care jobs well-paying in PEI?
Yes, health care and social assistance jobs average $28.97/hr, ranking sixth overall.

Which industries offer lower wages in PEI?
Retail and service sectors, such as Food and Beverage Retailers ($19.44/hr), typically offer lower wages.

Source:

Statistics Canada. Table 14-10-0206-01  Average hourly earnings for employees paid by the hour, by industry, annual

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