Welcome to Channel-Port aux Basques’ Economic Development Department. Whether you’re looking to relocate, expand or set up a new operation, Port aux Basques is one of the most attractive places to do business in Canada. Channel-Port aux Basques is located on the southwest tip of Newfoundland, and serves as the main port of entry for travelers and cargo for Newfoundland and Labrador.
Channel-Port aux Basques has a large, natural ice free harbour which is used primarily by the shipping industry, but also hosts Canadian Coast Guard vessels, oil tankers, and cruise ships. Being a strategically located ice free harbour, the community has worldwide connections with direct access to major ocean shipping lanes and companies offering direct access to mainland Canada through the ferry system the Town hosts. If your markets are across the Atlantic Ocean, Newfoundland and Labrador is 1,000 km closer to Europe than any other part of North America – saving time and money on your transatlantic exports.
In Channel-Port aux Basques, you can expect significant cost advantages in construction, labour, electricity, telecommunications, interest, depreciation and income taxes. In addition, you will find the available skilled labour, serviced land and modern infrastructure you need to fuel your company’s growth. The region offers a growing skilled labour force and an expanding arena of post-secondary educational and training opportunities. Port aux Basques’ labour force illustrates a number of characteristics, which distinguish it from the provincial labour force as a whole.
Channel-Port aux Basques is open for business. NAFTA and tariff reductions worldwide have empowered businesses to choose the very best location for their needs. As trade agreements increase, so do industry incentive programs.
Companies can benefit from all the advantages of operating in an enhanced trade zone through the Duty Deferral and Export Distribution programs. Both programs offer tax exemptions on imported goods used for export. If your business depends on sea cargo to meet the demands of European or NAFTA markets, then Channel-Port aux Basques is your best strategic location.