News in Review Newfoundland: A New Economy

News in Review Newfoundland: A New Economy

This special report by CBC correspondent Dan Bjarnason shows an emerging new economy in Newfoundland, one based on high-tech and Internet-oriented resource industries. There are also signs of economic prosperity as a result of the nearby North Atlantic oil fields that are generating jobs and money. Historically, the Newfoundland economy has depended on the ebb and flow of a single industry – the cod fishery – which collapsed over the last few decades. As a case study for business development in regional Canada, this story also reveals the changing nature of the world's economy in general. The report also focuses on the happy return to Newfoundland of some of those who, out of necessity, left their homes to find work elsewhere in Canada.

  • 2001
  • 00:13:38
  • 13-14
  • Added on: 02/15/2001
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Teacher Guide(s)

  • Newfoundland: A New Economy

    Newfoundland: A New Economy

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