Invest in Newfoundland and Labrador

An exciting frontier region, Newfoundland and Labrador is the most easterly point in North America, strategically positioned along international shipping lanes and, as a globally preferred location, is a gateway between the Americas, Europe and the Arctic. Home to growing and prosperous mining, offshore oil and gas, ocean technology and to Canada’s largest ocean economy, Newfoundland and Labrador has one of the most diversified export markets in the country.

There are many advantages to making Newfoundland and Labrador part of your business expansion plans. With major current and planned industrial projects, a wealth of resources, modern infrastructure, quality of life that is second-to-none, strategic location, available skilled labour, competitive taxes, attractive incentives, and many other benefits – discover why more businesses are choosing Newfoundland and Labrador.

To learn more about investment opportunities in Newfoundland and Labrador, take some time to explore our website. Some useful links have been provided below. You can also visit A Rare Find to learn more about our wonderful province.

 


Resource Opportunities

Newfoundland and Labrador is a prime location for the exploration and development of a wide range of natural resources. Our resources include both offshore and onshore oil and gas deposits and a wide spectrum of rich mineral deposits. Exploration activity is ongoing in both the petroleum and mining sectors and is supported by continually expanding stores of geoscience information.

To learn more about the scale of opportunities that are available within our resource sectors, please explore the links below:

Connect with Us

Contact


Business Opportunities

Ocean Technology

Newfoundland and Labrador is a leading force in Canada’s ocean economy. The province is an international centre for ocean expertise and marine technology. The harsh ocean environment is globally unique – rich with an abundance of ocean resources, such as world-class petroleum reserves, fish and marine life.

Technology Sector

Newfoundland and Labrador has a robust and growing technology ecosystem, with strong supports for research, company scale-up and innovation. The tech sector is critical to the growth of our knowledge-based economy and enables every other industry and sector of our economy.

Aerospace and Defense

Newfoundland and Labrador’s strategic location provides civil and military commands with training and surveillance in harsh northern environments while protecting the North American airspace. The province is also home to world-leading aerospace and defence companies innovating tailored airborne and maritime surveillance solutions for global markets.

Innovation Supports

Economic success hinges on leveraging opportunities, enhancing collaboration and building new capacity through strategic investments in people, infrastructure and research. Through targeted investments, IET supports projects that align with industry needs and development opportunities.

Connect with Us

Newfoundland and Labrador has a “one window” approach to dealing with the Provincial Government, with investment funds and supports designed to attract large-scale business and FDI.

Michelle Cluett-Fizzard
(709) 729-1619
mcluett@gov.nl.ca

Other Resources:

Invest in Canada is Canada’s global investment attraction and promotion agency. Their customized services help global companies unlock investment opportunities in Canada.

Certified commercial and industrial properties in Newfoundland and Labrador ready for development and investment are available at Atlantic Canada Certified Sites