The Town has a multi-pronged approach to business attraction that we believe differentiates us from the others.
- The Town firmly believes the key to business attraction is high-quality infrastructure. Successful businesses need to be supported with assets such as high-quality road paving and efficient snow clearing. We have significantly invested in both. This, in turn, makes it more attractive for people to live here.
- The Town firmly believes that if we continue to bring more people in, the businesses will follow. Therefore, a key strategy for us in attracting new business is through continued population growth.
- We want to be competitive when it comes to resident affordability, and we strive to reduce the financial burden on our taxpayers.
With steady housing and commercial growth, the Town of Conception Bay South has established an ‘open for business’ mindset. The town offers competitive tax rates and promising commercial, industrial, and tourism investment opportunities.
We work in partnership with businesses, community organizations, such as the Downtown Business Improvement Association and the Conception Bay Area Chamber of Commerce, and government departments, to promote new economic development opportunities.
Situated on the Northeast Avalon Peninsula, Conception Bay South is strategically located approximately 20 kilometres from the capital city and features a commercial port as well as a commercial and industrial park.
The town has a thriving, growing business community and is committed to long-term fiscal responsibility and sustainability. Our friendly staff can provide you with information on municipal regulations and procedures, and business tax incentives for new and expanding businesses. We also offer an online interactive mapping tool for investors. The town’s favorable climate, rural feel, and close proximity to urban amenities, offshore servicing projects, and natural resource processing, have made it a prime location on the Avalon Peninsula.
Conception Bay South boasts a variety of commercial assets to lease or purchase, as well as land on which to build. The metro region has a diverse and well-informed field of real estate agents who have a strong working knowledge of commercial properties and can help investors find what they are seeking. Economic development staff are also very well versed in the local commercial market and may also help investors make connections with purveyors of commercial properties.
Big Data, Big Ideas
Municipalities Newfoundland and Labrador (MNL) and municipalities in the Northeast Avalon region completed a project to support their continuing efforts to use the power of big data to further their economic development strategies.
Through the Big Data, Big Ideas Project facilitated by MNL and funded by ACOA and DIET, the Cities of Mount Pearl and St. John’s, as well as the Towns of Conception Bay South, Paradise, Portugal Cove – St. Philip’s, and Torbay collaborated to obtain rich, new data that will inform their economic development efforts.