Newfoundland & Labrador Business News

Business

3 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

5 days ago

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

Environmental impact statement submitted for proposed wind energy project near Botwood
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1 week ago

Gander International Airport reports increased traffic
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1 week ago

Fuel prices see minor drop overnight
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3 months ago

FFAW and ASP reach shrimp price agreement

As the 2026 fishing season approaches, the FFAW and the Association of Seafood Producers have reached an agreement on the price of shrimp. The average price of shrimp will be $1.80 per pound, up from $1.65 per pound last season. That price is for landed to the plant, and landed in St. Anthony or Port […]

3 months ago

Federal government asks residents to avoid travel to 10 countries

Global Affairs Canada is urging Canadians to avoid all travel to 10 countries. The latest warning comes after the U.S. and Israel strikes on Iran and the violence and retaliation the strikes have caused. The list of countries includes Bahrain, Iraq, Kuwait, Lebanon, Qatar, Syria, the United Arab Emirates, and Yemen. Canadians are also being cautioned […]

3 months ago

Canadian Taxpayers Federation calls for action on mass fraud

The Canadian Taxpayers Federation is calling for action from Premier Tony Wakeham’s government after the auditor general flagged hundreds of “incidents and weaknesses in government financial control.” The AG’s report points to fraud-related cases across government, many involving cheque fraud and gaps in internal controls. The Federation says, “Every Newfoundlander and Labradorian’s per capita share […]

3 months ago

Fuel prices skyrocket amid escalating war in Middle East

Fuel prices skyrocketed overnight in Newfoundland and Labrador amid ongoing turmoil in the Middle East. Due to recent commodity market developments, the Public Utilities Board intervened to adjust maximum prices outside its regular pricing schedule for gasoline and diesel motor fuels and furnace oil and stove oil heating fuels in all areas of the province […]