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N.L.’s economy is growing fast thanks to these booming industries

30.0K views· 218 likes· 2:01· Apr 30, 2026

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While Newfoundland and Labrador’s 2026 budget forecasts another large deficit, the province’s GDP growth is expected to hit 5.5 per cent. Cabinet ministers and industry leaders say that’s largely thanks to the province’s mining, fishing and oil and gas industries. The CBC’s Terry Roberts reports. »»» Subscribe to CBC NL to watch more videos: https://www.youtube.com/c/cbcnl?sub_confirmation=1 Read our latest news and more here: https://www.cbc.ca/nl

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