Business

Business

10 months ago

Budget air carrier Flair Airlines returning to St. John’s

Budget air carrier Flair Airlines is restarting service between Toronto and St. John’s.

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10 months ago

Fisheries Minister previews what N.L. can expect in next week’s federal budget

The federal budget will be released next Tuesday. Fisheries Minister Joanne Thompson spoke to NTV’s Bailey Howard about what Newfoundland and Labrador can expect.

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10 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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10 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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