Leading Sectors

Newfoundland and Labrador: It’s happening here

In 2010, Newfoundland an d Labrador are positioned to lead the country with GDP growth of 2.4%. The province has built on its long history of international trade to meet the needs of the modern economy. From the bountiful fishing grounds which first attracted European settlers, to our abundant mineral and energy resources and leading-edge technology, Newfoundland and Labrador has established itself as an industry leader in the oil and gas, mining, ocean technology, and ICT sectors.