The Mine/Mill complex in Voisey's Bay owned by Vale Inco is 356 air kilometers north of Happy Valley-Goose Bay. The deposit, one of the highest grade ore bodies in the world, contains an estimated 150 million tonnes of nickel/copper bearing ore.

Happy Valley-Goose Bay is ideally situated as a pick-up and supply point and as a supplier of accommodation for the fly in operation. The Environmental Impact Statement prepared for the proposed Mine/Mill Complex by Voisey's Bay Nickel Company projects substantial positive benefits for Happy Valley-Goose Bay:


In addition, Labrador has vast areas of unexplored territory and the Town is well positioned to be a logistics and supply centre for continued mineral exploration.

The Lower Churchill Hydro Project

The Lower Churchill River is one of the largest remaining hydro-electric resources on the continent, with a capacity of around 3,000 megawatts. An analysis is underway to develop a 2,000 megawatt generating station at Gull Island (approximately 80 km west of Happy Valley-Goose Bay) and an 800 megawatt development at Muskrat Falls (about 30 km west of Happy Valley-Goose Bay). When these projects proceed, the development, along with construction of the necessary transmission lines, will generate significant business and employment impacts on Happy Valley-Goose Bay. A decision to proceed will initiate a major upsurge in activity in the region and the opportunities for Happy Valley-Goose Bay businesses are nearly unlimited.

There is an estimated 3.6 million hectares of forested area in Labrador, including large timber stands on the south side of Churchill River from Happy Valley-Goose Bay. A succession of operators have proposed commercial harvesting and processing operations and some exporting of raw and semi-processed material has occurred. Potential is high for future development, particularly of value-added wood products.

The development of a forest management plan that will give long term direction to the industry has been completed and opportunities are actively being pursued through the private sector.

Labrador has a wealth of world class wilderness resources and a diverse cultural heritage. The allure of this land and its people has produced an encouraging response from travel markets in a regional industry that is still in its infancy. As a central entry point to Labrador, we, in Happy Valley-Goose Bay, are excited about the potential for developing more tourism products and hosting visitors in increasing numbers during both winter and summer.

Happy Valley-Goose Bay is a "business-friendly" town, ready to accommodate new business and development proposals. This attitude is supported by a number of resources, including the following:

• High Quality Municipal Services - water, sewage and a municipal planning and development control program which will give you fast, efficient service.
  
• Available High Quality Infrastructure - buildings along with serviced commercial, industrial and residential land and utilities.
  
• Business Services - a range of public advisory and financial assistance programs, private consultants and the Labrador North Chamber of Commerce.
  
• Incentives - A low manufacturing tax, competitive property costs and human resource training programs.
  
• Local Entrepreneurs - Eager to form strategic alliances