Business

Business

2 months 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. 

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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 […]

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2 months ago

Landings owner aims to rebuild after restaurant fire in Portugal Cove-St. Philip’s

A local business hopes to rebuild after a massive fire last March that forced an evacuation in part of Portugal Cove-St. Philip’s.

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2 months ago

Bank of Canada holds key interest rate at 2.25 per cent

Amid global uncertainty, the Bank of Canada is leaving its benchmark interest rate at 2.25 per cent. The central bank bank notes the economy was softer than expected in the first quarter of the year but global oil prices are also staying higher than initially anticipated, which could keep the annual rate of inflation near […]

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