Business

Business

3 years ago

Interest rate update coming on Wednesday

On Wednesday, September 6, the Bank of Canada will provide an update on interest rates. At 11:30 a.m. Newfoundland Time the update will be released. As of July 12, the policy interest rate was 5.00 per cent, an increase of 0.25 per cent in June.

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3 years ago

Downtown construction causing major problems for local café

A new business on Duckworth Street is facing an uncertain future. Construction in downtown St. John’s has devastated business at Madras Cafe, and its owner isn’t sure the company will survive. NTV’s Becky Daley has more.

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3 years ago

Inflation rate up from June

On Tuesday, Statistics Canada released the latest inflation numbers. In July, inflation rose by 3.3 per cent, thats an increase from June when the rate was 2.8 per cent. Gasoline prices were cited as the primary driver of the inflation last month. The cost of groceries increased by 8.5 per cent, down slightly from the […]

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3 years ago

New Port aux Basques Marine Atlantic Building Reaches Milestone

Marine Atlantic’s new Port aux Basques administration building project is now ready to move to the next stage of construction. Earlier today, cranes began placing concrete walls that will form the final building envelope. This multi-year project is designed to address space and infrastructure challenges and consolidate administrative functions currently located at several buildings in […]

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