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Business

2 years ago

Mallard Cottage reopens for business

Mallard Cottage reopened to the public on Thursday.

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2 years ago

Reduction in small business tax passes in House of Assembly

The small business corporate income tax rate in Newfoundland and Labrador has been reduced from 3 per cent to 2.5 per cent effective January 1, 2024. This tax reduction was announced in Budget 2024. It has now been approved by the House of Assembly through amendments to the Income Tax Act, 2000. The budget initiative […]

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2 years ago

Province finalizes rate mitigation plan for Muskrat Falls until 2030

The province has finalized its rate mitigation plan with Newfoundland and Labrador Hydro. The plan applies only to island customers paying for the project. The plan will come into effect on July 1, 2024, and will ensure domestic residential rate increases are capped at 2.25 per cent annually for cost recovery associated with the Muskrat Falls project until 2030. […]

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2 years ago

Marine tech conference draws hundreds of people as industry faces recruitment challenges

Hundreds of people in the marine technology sector are in St. John’s for the Mari-Tech Conference. It’s also a chance for students to learn about an industry facing recruitment challenges. NTV’s Bailey Howard reports.

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