1 year ago
National inflation cools, NL inflation rate increases
Nationally, the inflation rate in July was 1.7 percent, down from a 1.9% increase in June. The decrease was mostly due to a slowdown in the cost of gasoline. In July, there were higher prices for groceries and a smaller year-over-year decline in natural gas prices. The CPI rose 0.3 percent month over month in […]
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1 year ago
Inside Story: Cranberry farmers finding success
Cranberry farmers in central Newfoundland say the industry is now finding its own success in the markets. NTV’s Colleen Lewis reports.
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1 year ago
Board of Trade calls for cut to commercial traffic fares on Marine Atlantic
Cuts to Marine Atlantic fares took effect today as part of a Canadian effort to reduce internal trade barriers, but some groups argue it still doesn’t go far enough. The St. John’s Board of Trade has written a letter to Prime Minister Mark Carney, arguing the cut also needs to include the price of commercial […]
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1 year ago
Bank of Canada holds policy rate
In an announcement on Wednesday, the Bank of Canada maintained its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent. The bank states that while trade negotiations remain fluid, the global economy has been reasonably resilient. Inflation in the United States increased […]
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