The Bank of Canada is holding its key policy interest rate at 2.25 per cent for the fourth consecutive time. The Central Bank projects inflation will peak around three per cent in April, before declining to its two per cent target early next year. That drop in inflation is based off an assumption that U.S. […]
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Newfoundland Power has completed a review and says there were no errors in customers’ higher-than-normal power bills in February. NTV’s Rosie Mullaley reports.
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Newfoundland and Labrador Hydro says the cost of building two proposed expansion projects at Baie D’Espoir and on the Avalon has almost doubled to what was first expected. NTV’s Rosie Mullaley reports.
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Newfoundland Power has submitted a report to the PUB on February’s higher-than-expected power bills. The company attributed the increases to colder temperatures, higher wind speeds, and recent rate hikes. The company will hold a news conference on Monday.
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The province’s seafood took another hit as Chinese tariffs came into effect this week.
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