7 months ago
Low water levels forcing Corner Brook mill to suspend newsprint operations
Corner Brook Pulp and Paper Ltd. announced Thursday that it’s temporarily suspending newsprint production due to low water levels at Deer Lake Power. “This critical situation has been caused by extremely low precipitation in the province, resulting in historically low water levels at the Grand Lake reservoir,” the company said in a news release. The […]
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7 months ago
Bank of Canada lowers policy rate
On Wednesday, the Bank of Canada reduced its target for the overnight rate by 25 basis points to 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent. The effects of US trade actions on economic growth and inflation have become somewhat clearer. There is a prevalent impact of […]
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7 months ago
Major development proposed for former Bally Haly Golf course in St. John’s
It’s being called one of the biggest land developments of our time. The former Bally Haly Golf Course in the east end of St. John’s boasts 120 acres, and now its future is part of a proposal tabled this week at St. John’s City Hall. NTV’s Jodi Cooke reports.
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7 months ago
Salvage work continues on grounded MSC Baltic as winter approaches
Salvage crews have made good progress over the last few months on the grounded MSC Baltic 3. However, work is still ongoing, and time is ticking to get the remainder of the containers and leftover oil removed before winter. NTV’s Becky Daley reports.
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