Industry and Economy

                            The main industry in Point Lance is the fishery.  About
                            80% of the communities income is from the fishery. In
                            addition to being fishermen, some people have continued
                            on with farming.  A lot of the farming that is done is for
                            personal use but the sale of the cattle is a great boost to a
                            family's income. In Point Lance, there are approximately
                            200 sheep.  Furthermore,  vegetables are also grown for
                            personal use.

                            In concluding, Point Lance has a very strong sense of
                            community and a fierce sense of pride and loyalty to its
                            residents.  Although it has endured difficult times with the
                            fishery, there is a determination to continue with the fishery
                            either through diversification or through whatever means
                            necessary.  Because those involved in the fishery are fairly
                            young, this might account for their energy and determination
                            to succeed.  One thing which is very obvious in the
                            community is their refusal to even consider the possibility
                            of ever having to resettle.  People are very contented with
                            their way of life in Point Lance and are very eager to return
                            to a full time cod fishery.  People are starting to become
                            very restless and are eager to do what they have been doing
                            for the last 200 years.