It is a self-governing territorial overseas collectivity of France in the northwestern Atlantic Ocean near the Canadian province of Newfoundland and Labrador. It is a remaining vestige of the once-vast territory of New France. Its residents are French It is a self-governing territorial overseas collectivity of France in the northwestern Atlantic Ocean near the Canadian province of Newfoundland and Labrador. It is a remaining vestige of the once-vast territory of New France. Its residents are French
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Economy: The economy of Saint Pierre and Miquelon, due to the islands' location, has been dependent on fishing and servicing fishing fleets operating off the coast of Newfoundland. The economy has been declining, however, due to disputes with Canada over-fishing quotas and a decline in the number of ships stopping at the islands. In 1992 an arbitration panel awarded the islands an exclusive economic zone of 12,348 square kilometres (4,768 sq mi) to settle a longstanding territorial dispute with Canada
s.pierre-miquelon (fra)
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