Oceans Sector

A world-leading environment for cold ocean innovation and marine technology.

Newfoundland and Labrador’s capital region is one of the most advanced ocean innovation hubs in the world. Companies operating here benefit from immediate access to cold ocean and harsh environment conditions, world-class research partners, and a highly skilled workforce shaped by generations of maritime expertise.

The region’s oceans ecosystem is powered by Memorial University, the Marine Institute, the National Research Council, and private sector leaders in marine robotics, subsea imaging, fisheries science, and environmental monitoring.


This depth of capability creates a unique platform where ocean technologies can be researched, prototyped, tested, and commercialized in real conditions.

Key Strengths

  • Rapidly expanding tech sector with global potential

  • Strong supply of graduates in computer science and engineering

  • Genesis, Newfoundland and Labrador’s hub for early-stage innovation, helps founders turn bold ideas into thriving companies.

  • Digital ocean, climate tech, and simulation leadership

  • High retention and strong quality of life for employees

  • Lower operating costs relative to larger Canadian tech hubs

  • Cross-sector collaboration driving acceleration and scale

The Ocean Advantage

The capital region offers tech companies the talent, research strength, and sector connections they need to build, scale, and export digital innovation to global markets.

I feel quite privileged to live on the doorstep of the North Atlantic and contribute to the sustainable, digital, and inclusive growth of Canada’s ocean economy.


— Kendra MacDonald, CEO, Canada’s Ocean Supercluster

Data That
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Explore interactive visualizations that uncover insights, reveal trends, and help guide smart decisions. Our charts and graphs turn numbers into narratives—helping you understand and explore key information at a glance.

Download our Key Sector Fact Sheet