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  Newfoundland & Labrador: where land, water and sky embrace  
 

 Home of the oldest known settlement anywhere in the Americas, Newfoundland & Labrador is steeped in history and its people have strong ties to the land. For the first three hundred years after European settlement, this province depended almost solely on fishing, but the last few decades have seen a more diversified economy develop that includes hydroelectricity, oil and gas, and the booming tourism industry.

An entry point to all North American markets

Thanks to its strategic location and over five centuries experience in overseas trading, Newfoundland is a gateway between North America and Europe. To support this role, this province boasts a modern and far-reaching transportation and communications infrastructure that can carry information and Canadian products to various markets both near and far. Business people also benefit from the lowest labour costs in Canada, extensive research & development facilities, and a competitive tax environment.

A friendly environment rich in Celtic culture

Although it was the last province to join Canada in 1949, Newfoundland is one of the first places discovered in the New World and it's capital, St. John's, is considered to be the oldest city in English-speaking North America. The ancient beauty of this province is best seen in Gros Morne National Park, which was named a UNESCO World Heritage site in 1987 due to its unique geology and breathtaking scenery.

Newfoundland is one of the friendliest and safest places in which to live, with clean air and fresh water, low cost of living, affordable housing, and a low crime rate. This province also invests heavily in education, and boasts Memorial University of Newfoundland, which is the largest university in Atlantic Canada spread over four campuses.

Newfoundland & Labrador - Exports and trade (2004)

Total international exports ($CDN

$4.6 billion

 
International export markets (%)
United States

60.6%

China

  6.3%

Spain

  5.4%

Top three international exports (%)
Mineral fuels and oils

51.8%

Fish

18.3%

Paper and paperboard

11.0%

Source: "Newfoundland and Labrador Provincial Profile"

 
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Capital: St. John's (pop. 172,918)
Population: 531,595 (1.7% Can. total)
Area: 405,212 km2 (comparable to Morocco)
Geography: Rocky shoreline, forests and hills in the interior.
Weather: Average High Temp: Summer 20C / Winter -1.4C
Economy: Fossil fuels, minerals, forestry, fishing