The industrial Cape Breton area faced several challenges with the closure of the Cape Breton Development Corporation's (DEVCO) coal mines and the Sydney Steel Corporation's (SYSCO) steel mill. In recent years, the Island's residents have tried to diversify the area economy by investing in tourism developments, call centres, and small businesses, as well as manufacturing ventures in fields such as auto parts, pharmaceuticals, and window glazings.
The industrial Cape Breton area faced several challenges with t,he closure of the Cape Breton Development Corporation's (DEVCO) coal mines and the Sydney Steel Corporation's (SYSCO) steel mill. In recent years, the Island's residents have tried to diversify the area eco,nomy by investing in tourism developments call centres, and small businesses, as well as manufacturing ventures in fields such as auto parts pharmaceuticals, and window glazings.