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Business

1 month ago

Inside Story: How will declines in consumer spending affect summer tourism?

If economic uncertainty has you tightening your summer vacation budget, you’re not alone. New research shows a growing number of Canadians are looking to cut back on vacation spending this summer. CTV’s Garrett Barry has more on the numbers.

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1 month ago

Newfoundland and Labrador Hydro extends power purchase agreement with Corner Brook Pulp and Paper

Newfoundland and Labrador Hydro has extended its interim power purchase agreement with Corner Brook Pulp and Paper Limited for one year, which began on July 1, and ends on June 30, 2027. This agreement provides the province an opportunity to review and consider Kruger’s proposed approach to diversification at Corner Brook Pulp and Paper. Newfoundland and […]

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1 month ago

Equinor buys out BP in Bay du Nord development

Equinor has reached an agreement with BP to acquire its interest in the Bay du Nord development. The deal increases Equinor’s ownership of the project to 100 per cent. In a statement, Equinor said the transaction reflects BP’s efforts to simplify its portfolio, and gives Equinor increased flexibility to continue maturing the Bay du Nord […]

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1 month ago

Marine Atlantic and Unifor resolve collective bargaining impasse, avoiding labour disruption

Marine Atlantic and Unifor have resolved their collective bargaining impasse, the two groups announced this week. “Unifor and Marine Atlantic are pleased to announce that, with the assistance of Special Mediator William Kaplan, they have successfully resolved their collective bargaining impasse,” a statement on the union’s web site said. “By keeping the interests of bargaining […]

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