Fast Facts: The capital and largest city in the province of Newfoundland and Labrador in Canada, St. John’s is founded in the year 1921. It is located in the Avalon Peninsula and is considered as the oldest established city in North America.
Etymology: Records of the origin of the name St. John’s says that first it was in honour of the Feast day of John the Baptist, second was the 1497 successful landing of John Cabot when he sailed into the area and third was in attribution to the fishing town in Basque who have the same name.
Rankings: A report entitled “Communities in Boom: Canada’s Top Entrepreneurial Cities” in 2009 made by the Canadian Federation of Independent Business ranked the city as the best in Atlantic Canada. Moreover, Oil and gas industries have immensely aid the city’s financial state putting it among the world 19 World Energy Cities.
Economy and major employers: Different companies centred in oil and gas deposits are the major employers of the city. Second biggest employer, however, is The Memorial University of Newfoundland, or also known as the Memorial University. Other sectors that also raise the economy are the provincial government and civil services as well as the entrepreneur industry.
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