Artists and photographers flock to Peggy’s Cove to take in the spectacular views. Peggy’s Point Lighthouse (built in 1868) is the most photographed site in Nova Scotia. Popular legend says the cove was named after a young woman who was the sole survivor of a shipwreck near the cove. Peggy’s Cove remains an active fishing village, but tourism is the community’s primary economic driver. The provincial government has enacted strict land-use regulations for Peggy’s Cove to prohibit property development and prevent inflation of property values. Total permanent population is just over 600 people.
On September 2, 1988 Swissair Flight 111 crashed into the Atlantic Ocean about 8 km offshore of Peggy’s Cove. All 229 people on-board died. A number of privately owned fishing boats from Peggy’s Cove and surrounding villages were part of the first rescue resources. A memorial was established about a kilometer north of Peggy’s Cove.