Welcome to Industry, Energy and Technology

The Department of Industry, Energy and Technology (IET) is the lead for innovation, economic development and diversification in Newfoundland and Labrador.

The department focuses on creating a competitive environment to support private sector investment and business growth; and supporting industries in Newfoundland and Labrador such as mining, energy and technology. Working closely with key stakeholders, the department also develops and monitors supporting regulatory and benefits activities.

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Latest News

- 2022-04-22: Supporting the Continued Growth of Compusult Limited
- Local, well-established information technology and electronics firm Compusult Limited, will further diversify its presence, while growing its existing market share in the United States, though support from the Provincial Government.
- 2022-04-14: Provincial Government Investments to Support Outdoor Experiences in Labrador
- Winter activities are key economic generators, building strong, healthy communities. Investments in outdoor experiences in Labrador are helping to create a premier destination for winter enthusiasts. To support economic development initiatives in Labrador, the Provincial Government is contributing nearly $82,000 to three projects.
- 2022-04-13: Provincial Government Congratulates Regional Craft Award Winners
- Entrepreneurs from Newfoundland and Labrador won several prestigious awards at the 2022 Atlantic Canada Craft Awards for Excellence. This year’s awards were presented virtually during Craft East’s Digital Retail Forum.
- 2022-04-08: Leveraging Investments in Green Technologies, Manufacturing and Innovation
- The Honourable Siobhan Coady, Deputy Premier and Minister of Finance, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, today highlighted Budget 2022 investments that encourage growth, development and diversification of our economy, including a new tax credit for investments in green technologies.
- 2022-04-07: Media Advisory: Ministers Coady and Parsons to Highlight Business Supports
- The Honourable Siobhan Coady, Deputy Premier and Minister of Finance, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, will be available to discuss Budget 2022 investments aimed at encouraging growth, development and diversification of our economy.
- 2022-04-06: Media Advisory: Premier Furey and Minister Parsons to Hold Media Availability
- The Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, will hold a media availability today (Wednesday, April 6). They will be joined by Charlene Johnson, CEO of Energy NL.
- 2022-04-06: Premier Furey and Minister Parsons Comment on Bay du Nord Development Project
- The Honourable Andrew Furey, Premier of Newfoundland and Labrador, and the Honourable Andrew Parsons, Minister of Industry, Energy and Technology, provided the a statement regarding the Bay du Nord Development Project being released from the Government of Canada’s environmental assessment process.
- 2022-04-05: Media Advisory: Minister Parsons to Participate in Genesis Event
- The Honourable Andrew Parsons, Minister of Industry, Energy and Technology will participate in Genesis’ 25th Pitch and Pick event Wednesday, April 6.
- 2022-04-05: Ministerial Statement – Minister Parsons Announces End of Moratorium on Wind Development
- The Honourable Andrew Parsons, Minister of Industry, Energy and Technology, made a statement in the House of Assembly, to notify members of the House of Assembly that the Provincial Government is lifting the current moratorium on wind development, creating an opportunity for industrial customers to generate wind energy for their own consumption and wind generation for export.
- 2022-04-01: Government Investments Boost Business and Tourism Growth in Carbonear
- The Government of Newfoundland and Labrador and the Government of Canada are helping the Town of Carbonear to revitalize its downtown core, enhancing opportunities for economic growth and improving the quality of life of citizens.
- 2000-03-31: Media Advisory: Minister Crocker to Join MP McDonald for Funding Announcement
- The Honourable Steve Crocker, Minister of Tourism, Culture, Arts and Recreation on behalf of the Honourable Andrew Parsons, Minister of Industry, Energy and Technology; and Ken McDonald, Member of Parliament for Avalon, on behalf of the Honourable Ginette Petitpas Taylor, Minister of Official Languages and Minister responsible for ACOA, will make a funding announcement in Carbonear tomorrow (Friday, April 1).
- 2022-03-30: Media Advisory: Minister Parsons to Speak at Memorial University School of Business Seminar
- The Honourable Andrew Parsons, Minister of Industry, Energy and Technology, will deliver the keynote address at Memorial University’s 17th Global Business Seminars series.
- 2022-03-24: New Broadband Investment in Labrador
- Today, the Honourable Lisa Dempster, Minister Responsible for Indigenous Affairs and Reconciliation, and Minister Responsible for Labrador Affairs, on behalf of the Honourable Andrew Parsons, Minister of Industry, Energy and Technology; and Yvonne Jones, Parliamentary Secretary for Natural Resources and Northern Affairs, and MP for Labrador, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development, announced $22,355,503 in funding to bring high-speed Internet to more than 1,000 households in rural areas in Labrador.
- 2022-03-23: Media Advisory: Minister Dempster to Make Funding Announcement in Labrador
- The Honourable Lisa Dempster, Minister Responsible for Indigenous Affairs and Reconciliation and Minister Responsible for Labrador Affairs, on behalf of the Honourable Andrew Parsons, Minister of Industry, Energy and Technology; will join Yvonne Jones, Parliamentary Secretary for Natural Resources and Northern Affairs, and MP for Labrador, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development, to make a funding announcement regarding broadband.
- 2022-03-17: Improving the Bishop’s Falls Trestle
- The Newfoundland T’Railway is one of the province’s premiere trails. Stretching from St. John’s to Port aux Basques, it is a valuable asset enjoyed by residents and visitors.