The natural environment of the Coast
of Bays is its greatest strength. With a wealth of relatively uninvestigated territory,
the region provides a bounty of untapped potential for resource development. Agrifoods:
With increasing demand for cultural, health and specialty foods, the Coast of Bays' vast
resources provide a natural advantage for becoming an important player in the food
industry. Along with abundant animal life, the many barrens and marshes hold a rich
harvest of wild berries for the making of jams, jellies and wines to please the palate.
Local topsoil is among the best in the Province and as a result, crop and livestock
production can thrive here.
Forestry:
The abundance of hardwood and softwood stands in the area supply top-quality raw material
for value-added manufacturing enterprises. Our Balsam Fir sites, for example, have nearly
a 100% rate of regeneration, and the region is one of only a few places in the province
where Eastern White Pine can still be found. Our ongoing silviculture initiatives ensure a
sustainable resource for future development and profitablity.
Mining:
Initial explorations conducted in the region have revealed prime quality stone.
Prospecting is still in its early stages, however the results are already promising. With
Pink Granite and gold deposits known to exist, interest in staking claims is steadily
rising.
Hydro-Electricity:
The vast network of rivers and lakes in the Coast of Bays covers some 6051 square
kilometers. The region has one of the largest hydroelectric stations in Eastern Canada and
produces 600 megawatts of power, capable of servicing large-scale industrial projects.