Business

Business

3 months ago

Ottawa’s Senate Committee in town to study Newfoundland and Labrador’s offshore oil industry

Members of Ottawa’s Senate Committee on energy, the environment and natural resources will be visiting St. John’s this week as part of their study on the province’s offshore petroleum industry. The committee launched the study in the fall of 2025 with a goal to better understand the unique nature of the province’s industry and its […]

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3 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 […]

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3 months ago

HV-GB to introduce tourism tax

Another municipality has also announced it will introduce a tourist accommodation tax. Beginning April 1, Happy Valley-Goose Bay will implement a four per cent tax on the nightly rate of all tourist accommodations. The decision was made by the town’s council in mid-December but was announced in a public advisory late last week. The town […]

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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 […]

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