Brief History of Newfoundland

Newfoundland Economy

Fishing Industry Collapses

1980 - 1981

Many fishermen lose jobs

Oil workers move to Alberta

1985 - 1986

Almost 2500 people are employed

1991 - 1992

Oil workers return from Alberta

2001 - 2002

Hibernia

Hibernia oil is discovered

1979

Hibernia oil project is approved

1990

Almost 2500 workers hired to construct Hibernia

1991

Hibernia begins to produce oil and gas

1997