Economic Development
St. John's is a vibrant capital city and energetic hub of economic activity. Fueled by the energy sector and a strong network of tech companies and research institutions, this is a city that has made significant strides forward. Several strategic sectors offer considerable opportunities for future economic growth and diversification:
- Ocean Innovation
- Oil & Gas
- Fishery & Aquaculture
- Clean Energy
- Technology & Innovation
- Aerospace & Defence
- Arts, Culture & Film
- Tourism
Explore these key sectors and industries to discover the St. John's advantage.
Discover the St. John's Advantage
Advantage St. John's is a regional partnership between St. John’s, Paradise and Conception Bay South that supports business growth across the Capital Region. Through resources, programs and strategic guidance, Advantage St. John’s helps businesses and investors connect with opportunities, access talent and thrive in a dynamic and growing economy.
Economic Data
The City of St. John’s provides access to a range of economic data and insights to support business planning, investment decisions and research. Through available tools and resources, users can explore key information on population, labour force, development activity and local economic trends to better understand opportunities in the region.
Economic Snapshot
Our monthly Economic Snapshot delivers timely St. John’s metro area business news and initiatives, economic indicators, event listings and relevant resources directly to your inbox.
Past editions:
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Economic Outlook
This annual report provides a forecast of various economic indicators for the St. John’s metro area. Indicators include gross domestic product, labour market, household income, retail sales, housing and population.
Economic Review
This annual summary provides major economic indicators for the year, and a comparison to the previous year, for the St. John’s metro area. Indicators include gross domestic product, labour force, employment, income, housing starts, retail trade and population.
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