Newfoundland & Labrador Business News

Business

2 days ago

Province signs Letter of Intent with Kruger Inc. to extend power purchase agreement

The province has signed a letter of intent with Kruger Inc., the owner of Corner Brook Pulp and Paper Ltd., to continue discussions related to its diversification plan, specifically a long-term power purchase agreement between the company and Newfoundland and Labrador Hydro. The province plans to extend the current interim power purchase agreement between Newfoundland […]

May 22, 2026

Business, Local News, News

Downtown St. John’s businesses preparing for busy tourism season

May 22, 2026 Read more

May 21, 2026

Business, News

Central towns prepare response to proposed wind and solar farm near Botwood

May 21, 2026 Read more

4 days ago

Province signs Letter of Intent with Kruger Inc. to extend power purchase agreement
Read more

5 days ago

Environmental impact statement submitted for proposed wind energy project near Botwood
Read more

1 week ago

Gander International Airport reports increased traffic
Read more

1 week ago

Fuel prices see minor drop overnight
Read more

2 months ago

Inflation numbers released by Statistics Canada

Statistics Canada has published its latest rate of inflation numbers and it has dipped below two per cent in February. The dip comes as the end of last year’s federal “tax holiday”. The reading came in at 1.8 per cent year-over-year, that half a percentage point lower than January’s figures. Inflation on food purchased from […]

2 months ago

Expanded recall on Costco product due to glass risk

An expanded food recall on a product sold at Costco stores in Canada has been issued. This is an updated food recall notice confirming the complete scope of the recall, further to prior recall notices sent on February 20, 2026 and February 27 2026. Ajinomoto Foods North America in cooperation with the USDA and CFIA, announced a voluntary recall expansion of select lots of Yakitori […]

2 months ago

Marine Atlantic names charter vessel Île Rouge

Marine Atlantic has announced the name of its charter vessel, Île Rouge, a name that reflects the deep French history of Newfoundland and Labrador and recognizes the Francophone community within the province. The name was selected following consultation and dialogue with the Fédération des francophones de Terre-Neuve et du Labrador, recognizing the cultural and historical […]

2 months ago

Five local companies receiving federal funding to boost Canada’s defence sector

With growing conflicts around the world, Ottawa is stepping up its spending on the military. Now, five local companies are getting federal funding to boost Canada’s defence sector. NTV’s Bailey Howard has the story.