St. John's

A hub of economic activity for the Canadian offshore petroleum industry

City Profile

Capital of Newfoundland
Population: 201,038

  • leader in ocean technologies
  • tourist destination
  • cultural uniqueness

Advantages

Map of Canada with the city of St. Johns pinpointed.
  • 80% of eastern Canada's offshore petroleum resources puts St. John’s at the forefront of the oil and gas industry.
  • 50% of Canada's conventional light crude oil and major service center for Newfoundland’s oil and gas industry.
  • Most advanced ocean technology research facilities in the country
  • Excellent R&D at St John’s Memorial University, C-Core and NRC Institute for Ocean Technology
  • International airport and sea port are gateways for economic growth.

Sector Strengths

These strategic sectors offer considerable opportunity for investment.

  • Ocean Technology
    St. John’s has acquired an international reputation for its expertise in ocean technology. The city has a critical base of research facilities, companies and expertise related to offshore petroleum development and ocean engineering technologies. Local expertise in harsh environments has specific application to emerging opportunities in other jurisdictions around the world and in the North.
  • Offshore Energy
    St. John’s is the main supply base for the growing Canadian offshore industry and home to many international oil companies as well as supply and service firms. St. John’s is a member of the World Energy Cities Partnership. The offshore petroleum industry holds vast potential for St. John's, Newfoundland and Labrador.
  • Tourism
    St. John’s is one of the oldest cities in North America with a rich history, natural beauty and high-quality amenities. Tourism revenues in the St. John's metro area have risen 65.5% over the past 10 years with significant investments in the hotel sector and expansion to the St. John’s Convention Centre in 2015.
  • Arts and Culture
    St. John’s arts community is dynamic and widely recognized. The arts sector plays an integral role in the economy and quality of life of the city, region and province.