Happy Valley-Goose Bay (Inuit: Vâli) is a Canadian town in the province of Newfoundland and Labrador.Located in the central part of Labrador, Happy Valley Goose Bay is the largest population centre in that region. Incorporated in 1973, it comprises the former town of Happy Valley and the Local Improvement District of Goose Bay. Built on a large sandy plateau in 1941, the town is home to the largest military air base in northeastern North America, CFB Goose Bay.