Strategically located on Canada's east coast, Newfoundland and Labrador is ideally positioned to do business with markets around the world. With abundant natural and human resources, the province is a significant contributor to the national economy. In 2010, Newfoundland and Labrador is positioned to lead the country with a GDP growth of 2.4%. The province offers a stable, productive and educated workforce, a world class research and development infrastructure, and attractive business incentives and a competitive tax environment and an outstanding quality of life.