Newfoundland and Labrador, Canada
Newfoundland and Labrador, Canada: the places inside it, the companies based here, and where this atlas has research on it.
province · population 547,910 (registry) · North America · page prepared 2026-11-07
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Newfoundland at a glance
Rolled up from the 5 regions inside Newfoundland on this site, with census figures from Statistics Canada.
Who leads Newfoundland, and how households are doing
Researched 2026-11-08 from official statistics; every figure links to its source.
- Population
- 552,462 persons (2026-07) ↗
- GDP
- 43,749 CAD millions, current prices (GDP at market prices, expenditure-based) (2025) ↗
- Unemployment
- 8.7 % (15+, seasonally adjusted, LFS) (2026-10) ↗
- Inflation
- 4.7 % CPI 12-month change, Sep 2025 to Sep 2026 (Canada 3.1%) (2026-09) ↗
- Median household income
- 77,300 CAD, median total income, economic families and persons not in an economic family (2024) ↗
- Average household income
- 102,800 CAD, average total income, economic families and persons not in an economic family (2024) ↗
- Median after-tax income
- 68,000 CAD, median after-tax income, economic families and persons not in an economic family (2024) ↗
- Home ownership
- 75.7 % of private households (Canada 66.5%) (2021) ↗
Home prices in the biggest cities
As each source measures them (benchmark, median or average sale price); not directly comparable across measures.
| City / metro | Price | Measure | As of |
|---|---|---|---|
| St. John's ↗ | 421,800 CAD | MLS HPI benchmark (composite) | 2026-09 |
| St. John's (single-family) ↗ | 442,300 CAD | MLS HPI benchmark (single-family) | 2026-09 |
| Newfoundland and Labrador (NLAR board-wide) ↗ | 355,600 CAD | MLS HPI benchmark (composite) | 2026-09 |
| Newfoundland and Labrador (NLAR board-wide) ↗ | 372,633 CAD | average sale | 2026-09 |
Languages
Official-language and home-language figures as the census reports them.
| Language | Share | Measure | As of |
|---|---|---|---|
| English ↗ | 99.4% | first official language spoken (English only) | 2021 |
| French ↗ | 0.4% | first official language spoken (French only) | 2021 |
| English and French ↗ | 0.1% | first official language spoken (both) | 2021 |
| French (can conduct a conversation) ↗ | 5.2% | knowledge of French (26,080 residents; all-time high) | 2021 |
| French (spoken at least regularly at home) ↗ | 0.7% | most often or regularly at home (3,695 people) | 2021 |
Largest companies in Newfoundland
Ranked by the measure shown, from the cited ranking or filing.
| Company | Measure | Value | As of |
|---|---|---|---|
| Fortis Inc. ↗ | revenue | 11.5 CAD billions | 2024 |
| Newfoundland and Labrador Hydro (provincial Crown corporation) ↗ | revenue | 493,500,000 CAD | undated (Wikipedia infobox) |
| Newfoundland Power Inc. (Fortis subsidiary) ↗ | revenue | 420,000,000 CAD | undated (Wikipedia infobox) |
| Newfoundland and Labrador Liquor Corporation (Crown corporation) ↗ | revenue | 264,100,000 CAD | undated (Wikipedia infobox) |
| Marine Atlantic Inc. (federal Crown corporation) ↗ | revenue | 112,620,000 CAD | 2017-18 |
Largest listed companies headquartered in Newfoundland
By market cap (USD billions, 2026-11-10). Market caps from companiesmarketcap.com; listing and head office from search.coshares + search.cos (RegionID walked to the province).
| # | Company | Ticker | Market cap | Rank in Canada |
|---|---|---|---|---|
| 1 | Fortis Inc. | TSX:FTS | $30.96B | 37 |
| 2 | Kraken Robotics | CVE:PNG | $0.89B | 256 |
Source: companiesmarketcap.com · listings and head offices from search.coshares + search.cos
Worth knowing
- 2025-10Tony Wakeham was sworn in as Newfoundland and Labrador's 16th Premier on October 29, 2025; he has led the Progressive Conservatives since 2023. ↗
- 2026-08The province reached agreements with Quebec and Ottawa to replace the 1969 Churchill Falls Power Contract and the December 2024 MOU. NL can keep up to 2,350 MW from Churchill Falls and Gull Island, 360 MW more than the MOU's 1,990 MW. The government values the deal at $49 billion (2026 NPV). ↗
- 2026-05An independent review committee delivered its report on the 2024 Churchill Falls MOU to the government on April 30, 2026, and it was publicly released May 19, 2026. ↗
- 2026-09Inflation in NL was 4.7% year over year in September 2026, above Canada's 3.1%. ↗
- 2026-09Active residential listings on the NLAR MLS System were 2,743 at end of September 2026, down 18.4% year over year and the lowest for September in more than 15 years. Months of inventory were 4.3. ↗
- 2026-10The NL unemployment rate was 8.7% (seasonally adjusted) in October 2026. ↗
Census
Statistics Canada, 2021 Census of Population.
- Innu (Montagnais)1,300 · 0.3%
- Arabic865 · 0.2%
- Mandarin475 · 0.1%
- Tagalog (Pilipino, Filipino)475 · 0.1%
- Bengali300 · 0.1%
- Iranian Persian240 · 0%
- Punjabi (Panjabi)220 · 0%
- Spanish200 · 0%
- Tigrigna110 · 0%
- Urdu110 · 0%
- Yue (Cantonese)105 · 0%
- Inuktitut35 · 0%
Largest places in Newfoundland
By registry population; places with a full /local page are marked.
- 1.Grand Falls-Windsor, Canada13,853
- 2.Twillingate, NL2,121
Inside Newfoundland
5 regions have Newfoundland as their parent.
Companies based in Newfoundland
2 in the Research Upon company directory list their headquarters here, and 3 across Newfoundland and the places inside it — search them all below.
| Company | Industry | Founded |
|---|---|---|
| IceNet | Tech | |
| Vulcan Minerals | Energy |
areaAbout this page: figures for the whole of Newfoundland and Labrador, Canada are rolled up from every region inside it; each place inside has a page of its own, and the companies headquartered here are listed above.