Business

Business

1 month ago

Province files request to intervene in Marine Atlantic hearing

The province has filed a request to intervene in a hearing on the designation of Marine Atlantic as an essential service. In a statement this morning, government says it “respects the collective bargaining process underway between Marine Atlantic and Unifor, but is concerned the corporation’s longstanding designation as an essential service could be reconsidered by […]

Read more
1 month ago

Churchill Falls negotiations officially restart as N.L. gets credit-rating warning

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.

Read more
1 month ago

N.L. Conservative MPs call for immediate action on potential Marine Atlantic disruptions

There are concerns for the Marine Atlantic ferry service today as a potential strike looms. Now, the provinces Conservative MP’s have released a joint statement, regarding the potential labour disruption, claiming the federal liberals have failed to show leadership on the issue. NTV’s Beth Penney reports. 

Read more
2 months ago

Bond rating agency gives provincial government negative outlook

S&P Global Ratings is warning the Newfoundland and Labrador government could face a credit rating downgrade in the next two years if it doesn’t take meaningful action to address its debt and deficits. The agency held the province’s credit rating at “A”, but changed the outlook from stable to negative. A downgrade could happen even […]

Read more
Back to top