Business and Investing Incentives

Happy Valley-Goose Bay remains the hub of Labrador, with its accessibility by land, sea and air and abundance of provincial and federal government administrative offices.

Business Tax Rates

Business tax rates in Happy Valley-Goose Bay are competitive with other communities of our size and economic landscape.

For complete information, please refer to the 2023 Taxes and Fees policy.

New Business Creation

The majority of the larger private sector firms in Happy Valley-Goose Bay are involved in retailing, wholesaling or service activities. Increasingly, we are experiencing a diversification of existing businesses that are taking advantage of the region’s many economic opportunities.

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Industrial Land

Located adjacent to the Goose Bay Airport, the North Side Industrial Park is increasingly becoming the focus for new developments related to large-scale projects.

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Port Information

The Port of Goose Bay has one industrial dock. The main dock is a 244m long by 15m wide marginal wharf with 9m minimum water depth on the west side and 5.6 – 9.1m minimum water depth on the east side.

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The Goose Bay Airport located at 5 Wing Goose Bay has assets with an estimated replacement value of $1.2 billion. This includes significant infrastructure, the majority of which is owned by the Department of National Defense.

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5 Wing Goose Bay

5 Wing Goose Bay supports military training for the Canadian Armed Forces, the Allies and NORAD and provides unique, effective and challenging training locations and facilities to ensure world-class training and education for Canada’s military operations.

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Whether you want to increase exposure for your local business, or just need to update your business information in our Municipal Business Directory – we’ve got you covered!

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