The economy of Newfoundland and Labrador was originally founded 500 years ago on the fishery. Resources such as oil & gas, mining, hydroelectricity, and the fishery have become the cornerstones of our economy. Our world-class educational institutions have produced researchers and graduates in all areas of the knowledge-based sector. Some of the province’s innovative companies are focused on the ocean or resource extraction, while others are involved in aerospace, biotechnology, e-learning, and advanced manufacturing. Newfoundland and Labrador has also become known internationally for its film and television productions and as a destination for discerning tourists seeking clean ocean air and authentic experiences.