The province has been warned to address rising costs and debt levels or risk having its credit outlook downgraded from stable to negative. The warning comes as Premier Tony Wakeham revealed today that discussions have begun with Quebec on a new Churchill River agreement. NTV’s Ben Cleary explains.
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Fishing boats remain tied up as harvesters refuse to fish under the current price formula for crab. The FFAW laid out its position on the standoff. NTV’s Becky Daley reports.
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Immigration and Skills Minister Gerry Byrne is predicting a construction boom after the province released the World Energy GH2 project form environmental assessment. He believes the pool of available workers in the province will be able to fill demand.
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World Energy GH2 may have gotten the green light from the province, but there is still no timetable for construction on the Port au Port peninsula. The company addressed the media today, a day after its wind-to-hydrogen project was released from environmental assessment. NTV’s Ben Cleary reports.
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The Bank of Canada will announce the interest rate today. The current rate is at five per cent and hasn’t been adjusted since last July. In February, Statistics Canada calculated the rate of inflation at 2.8 per cent.
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