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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Bay du Nord, the massive offshore oil project, is one step closer to reaching the finish line. That’s after last night’s announcement that a benefits agreement had been reached between the province and the oil companies responsible for the project. NTV’s Ben Cleary has the latest.
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Premier Tony Wakeham announced a benefits agreement with Equinor Tuesday for the proposed Bay du Nord oil project. The says it reached a major milestone for Newfoundland and Labrador’s offshore industry to advance the Bay du Nord project. Agreements on life-of-field benefits, royalties, and an equity option have been reached with partners Equinor and BP. […]
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Premier Tony Wakeham will make a significant announcement this evening. The news comes as rumours swirl that government has reached a potential deal on the Bay du Nord offshore oil project. In a press release issued yesterday, the provincial Liberals said a deal with Equinor is rumoured to be imminent. They added their party “stands […]
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Newfoundland and Labrador Liquor Corporation saw a decrease in beverage sales and increase in cannabis sales in this fiscal year’s third quarter. Beverage alcohol sales reached $90.3 million in the third quarter, which ended on Jan. 3, a decrease of 0.4 percent over last year. NLC says the decrease was in part due to the […]
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