Local financial analyst says Churchill Falls could have greater impact than oil production
If all goes to plan, the new Churchill Falls deal could mean a major economic shift for the province, according to Larry Short.
Short, of Short Financial says he’d go as far as to say the new agreement could have a greater impact on the economy than all oil produced in the province to date.
While there are a lot of silver linings at first glance, Short says he remains skeptical. He says it took a while for critics to speak out on the 2024 MOU and it will take time to read through the details and numbers in the new agreement.
NTV’s Bailey Howard will have more details on the NTV Evening Newshour.
Related Articles
Costco warning shoppers about certain yogurt products
Costco warning shoppers about certain yogurt products
Churchill Falls deal expected to be announced Monday
New Little Caesars opens at Orangestore in Kelligrews
Federal government awards construction contract to Pomerleau for new CRA facility in St. John’s
Dairy Queen and the Janeway Children’s Hospital Foundation are teaming up to help kids