The APEC report outlines various general fiscal measures the province could take (not specific to the offshore industry) but makes one point very clear: the sustainable development of NLs natural resources is critical to the provinces economy. Updated with Consumer Price Index Data for 2021. Nicole is a proud Newfoundlander and Labradorian who is raising her daughter and building a life with her partner in the province. Quiz, "Quaerite prime Regnum Dei (Seek ye first the Kingdom of God)", https://www.britannica.com/place/Newfoundland-and-Labrador, CRW Flags - Flag of Newfoundland and Labrador, Canada, Government of Canada - Newfoundland and Labrador's provincial symbols, Official Tourism Site of Newfoundland and Labrador, Canada, Official Site of the Government of Newfoundland and Labrador, Canada, The Canadian Encyclopedia - Newfoundland and Labrador, Canada, Newfoundland and Labrador - Children's Encyclopedia (Ages 8-11), Newfoundland and Labrador - Student Encyclopedia (Ages 11 and up). from Greenland to overseas lands to the west and southwest, and established a temporary settlement at L'Anse aux Meadows on the Great Northern Peninsula of the Island. RT @PremierofNL: In Newfoundland and Labrador, the opportunities for growth and prosperity are endless. Labrador. After its discovery around 1497, the Island depended on cod fishing for nearly 400 years, until forest and mineral resources began to be exploited. The next two decades witnessed dramatic and substantial changes in the economy and in the lifestyle of Newfoundlanders. 1497 John Cabot, a Venetian navigator, sailed on a voyage of discovery for Henry VII of England and discovered new lands, which are believed to have been between Nova Scotia and When the The ancestors of most Newfoundlanders came from southeastern Ireland or southwestern England and brought with them distinct and enduring cultures. six judicial districts, and justices of the peace and constables were appointed from among the local population. the English fishing fleet the right to act as appeal judges. However, despite It was decided to hold a referendum through which the people would make a choice between the Commission government, The Basque Whaling Archaeological site at Red Bay in Labrador has the only fully preserved Basque whaling vessel from the 16th century. Preparing the workforce for the future economy. Called the Nunatsiavut Government, the settlement area is in Northern Labrador and includes five Inuit communities: the Nain, Hopedale, Rigolet, Makkovik and Postville. By 1776 a customs house was built at St John's to regulate trade and suppress smuggling, and in 1792 a Supreme Court of Judicature was established. Some portion of its coast was undoubtedly one of the first parts of the continent seen by Europeans. Although most of the rocks are igneous and metamorphic formations of Precambrian age (i.e., older than about 540 million years), the Labrador trough, in the west, contains softer sedimentary deposits and includes some of North Americas most extensive iron-ore deposits. Through scouring and deposits, glaciation left a pockmarked landscape capable of storing vast quantities of water in thousands of lakes, ponds and bogs. as the Queens representative, the lieutenant-governor holds the highest provincial office, though in reality this role is largely symbolic. The French territory of Saint-Pierre and Miquelon lies off the coast of the Burin Peninsula in southeastern Newfoundland. They were highly politicized, reflecting Offshore operators revenues were slashed by about 40 per cent, which caused operators to re-think their planned investments in the offshore. Customers on the island are supplied mainly by hydroelectric developments there (such as the one at Bay dEspoir) through a privately owned utility. century. Newfoundland and Labrador provincial flower, Australia, United States, Canada, or Ireland?

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