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Business

2 years ago

Regulatory changes lead to increased redfish catch

Fish harvesters on the province’s west coast are claiming a victory, of sorts, today, after returning to shore with near full loads of redfish. This, after being permitted to fish in an area previously ruled as off limits by federal fisheries officials.  NTV’s Don Bradshaw picks up the story

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2 years ago

Bank of Canada cuts interest rate by half point to 3.75%

The Bank of Canada made a significant cut to its key lending rate today from 4.25 per cent to 3.75 per cent. The half percentage point cut is the fourth rate cut in a row by the central bank as inflation dropped from 2.7 per cent in June to 1.6 per cent in September. The […]

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2 years ago

Bank of Canada expected to cut key interest rate

Today, the Bank of Canada will announce its decision on the target for the overnight rate.  The Bank will also publish its quarterly Monetary Policy Report at the same time as the rate decision. The rate announcement will come at 11:15 a.m. Newfoundland time. With inflation down and cuts to the key interest rate three […]

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2 years ago

Report shows cost of Labrador travel has jumped more than triple national average since 2019

A new report shows the cost of travel to or from Labrador has jumped more than triple the national average since 2019. NTV’s Ben Cleary has the latest.

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