Newfoundland Heritage Web Site

Table of Contents

Click on TABLE OF CONTENTS above to access a list of all Economy articles.
1894 Bank Crash

On 10 December 1894, two of Newfoundland and Labrador's three banks closed their doors and never opened them again.
Impacts of the 1894 Bank Crash

After the Commercial and Union Banks ceased operations, Newfoundland and Labrador entered a period of economic, social, and political chaos.
Economic Impacts of the Cod Moratorium

The fishery closure ended almost 500 years of fishing activity in Newfoundland and Labrador, where it put about 30,000 people out of work.
Cod Moratorium in Newfoundland and Labrador

Newfoundland and Labrador's historic cod fisheries attracted fishing fleets for five centuries before being shut down indefinitely.
Post-Moratorium Fisheries

Following the 1992 cod moratorium, Newfoundland and Labrador's fishing industry shifted from a groundfishery to a shellfishery.
Telegraphy in Newfoundland and Labrador

The first telegraph system in Newfoundland was established as part and parcel of a scheme to land a trans-atlantic telegraph cable in Newfoundland.