Cape Island is the name of both an island and a former community in the Canadian province of Newfoundland and Labrador. Cape Island is situated off the eastern tip of Cape Freels in Bonavista Bay, along the northeast coast of the island of Newfoundland. A small fishing community was settled in the late 18th century by fishermen and trappers from nearb…Cape Island is the name of both an island and a former community in the Canadian province of Newfoundland and Labrador. Cape Island is situated off the eastern tip of Cape Freels in Bonavista Bay, along the northeast coast of the island of Newfoundland. A small fishing community was settled in the late 18th century by fishermen and trappers from nearby settlements such as Greenspond and Bonavista.
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