Fortune, Newfoundland and Labrador

Fortune
Town
Motto: 
Progressa Fortuna
Fortune
Location of Fortune in Newfoundland
Coordinates: 47°04′24″N 55°49′18″W / 47.07333°N 55.82167°W / 47.07333; -55.82167
Country Canada
Province Newfoundland and Labrador
Incorporated1945
Government
  MayorDeanne Hickman
Area
  Total
54.85 km2 (21.18 sq mi)
Population
 (2021)
  Total
1,285
  Density25.5/km2 (66/sq mi)
Time zoneUTC-3:30 (Newfoundland Time)
  Summer (DST)UTC-2:30 (Newfoundland Daylight)
Area code709
Highways Route 220
Website

Fortune (2021 population: 1,285) is a Canadian town located in the province of Newfoundland and Labrador.

Fortune is situated on the western side of the Burin Peninsula on the island of Newfoundland and was incorporated as a town in 1945. The town is located near the southeastern boundary of Fortune Bay. The name of the town is believed to have originated from the Portuguese word "fortuna" meaning "harbour of good fortune."

The main industry in Fortune is the ocean fishery which employs 400 residents. The majority of species landed include cod, flounder, and haddock.

Fortune is also the nearest Canadian port for travelling to the French islands of St. Pierre and Miquelon. During the spring and summer months, a ferry connects the two islands with Fortune.

The Fortunian Stage, the earliest age of the Cambrian Period, derives its name from Fortune and Fortune Bay. The Global Boundary Stratotype Section and Point (GSSP) for this stage, which marks the base of the Cambrian System, is situated nearby at Fortune Head, approximately 2.5 kilometers northwest of the town.