<Tr> <Td> Pentecostal </Td> <Td> 2.3% </Td> <Td> 2.3% </Td> <Td> 2,390 </Td> </Tr> <Tr> <Td> No religion </Td> <Td> 3.9% </Td> <Td> 11.1% </Td> <Td> 11,505 </Td> </Tr> <P> St. John's economy is connected to both its role as the provincial capital of Newfoundland and Labrador and to the ocean . The civil service which is supported by the federal, provincial and municipal governments has been the key to the expansion of the city's labour force and to the stability of its economy, which supports a sizable retail, service and business sector . The provincial government is the largest employer in the city, followed by Memorial University . With the collapse of the fishing industry in Newfoundland and Labrador in the 1990s, the role of the ocean is now tied to what lies beneath it--oil and gas--as opposed to what swims in or travels across it . The city is the centre of the oil and gas industry in Eastern Canada and is one of 19 World Energy Cities . ExxonMobil Canada is headquartered in St. John's and companies such as Chevron, Husky Energy, Suncor Energy and Statoil have major regional operations in the city . Three major offshore oil developments, Hibernia, Terra Nova and White Rose, are in production off the coast of the city and a fourth development, Hebron, is expected to be producing oil by 2017 . </P> <P> The economy has been growing quickly in recent years . In 2010 and 2011, the metro area's gross domestic product (GDP) led 27 other metropolitan areas in the country, according to the Conference Board of Canada, recording growth of 6.6 per cent and 5.8 per cent respectively . At $52,000 the city's per capita GDP is the second highest out of all major Canadian cities . Economic forecasts suggest that the city will continue its strong economic growth in the coming years not only in the "oceanic" industries mentioned above, but also in tourism and new home construction as the population continues to grow . In May 2011, the city's unemployment rate fell to 5.6 per cent, the second lowest unemployment rate for a major city in Canada . </P>

Is st. john's the oldest city in north america