The election of 1908 resulted in the two parties winning the same number of seats, and produced Newfoundland and Labrador's most famous constitutional crisis
During the mid-1960s, American entrepreneur John Shaheen arranged with Newfoundland and Labrador Premier Joseph Smallwood to construct an oil refinery at Come By Chance.
German firms established thirteen of the sixteen manufacturing plants created in Newfoundland during the 1950s due to Alfred Valdmanis' business contacts.