Airport traffic in general has been on the climb at YYT as Newfoundland drills new oil fields and connecting Europe travel rises with these long-haul narrowbodies coming online. However Newfoundland has a population of only just over 520,000 people in the whole province (roughly half of the population lives in St. John’s) and the province is 15.5 billion dollars in debt. Nobody is moving there, everyone is leaving, and the tourism industry has dwindled. The roads are horribly under kept and delapitated and the city sits in fog most of the time. Taxes are sky high so it’s not cheap to visit. Airfare to just Halifax can cost 300/400 Canadian dollars each way with no sale. It costs $1200cad typically to fly YYT to YVR round trip when BOS to LAX is like 300usd. It’s just nobody’s dream get away right now.
Sadly, as goes internal tourism, most of Canada shares at least some of these problems. Out of YYC, my hometown, it's really tough to justify a vacation to the Maritimes or Atlantic Canada, when for the same money, I could visit the UK, Ireland, France, Germany, Austria, etc. For less money than Newfoundland, I can enjoy a trip to countries like Spain, Portugal, Greece, Montenegro, etc. For even less money, I can travel south to Mexico, Guatemala, or almost any of the Caribbean islands.
It seems a shame that air travel within Canada costs so much. Basically, I seldom visit anywhere in Canada that I can't drive to. If I'm going to fly, I want some bang for my buck, and flying around Canada doesn't give me that. It hits a place like Newfoundland particularly hard. Even living in Eastern Canada, NL is a long, long journey by vehicle, coming from anywhere populated.