Tonight on The Inside Story, the potential for a 15 per cent rebate on power bills is part of the sales pitch for the Churchill Falls deal. However, that will only come if the deal is finalized. Today, provincial finance minister Craig Pardy faced questions on what cost-of-living measures the province will offer without the […]
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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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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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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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The province has issued a Transportation Network Company (ride-sharing service) licence to Kabby. The Government of Newfoundland and Labrador first announced the introduction of a provincial approach to ride-sharing in October 2023. Legislative amendments to permit ride-sharing services to operate within the province came into effect onDecember 21, 2023. Transportation Network Companies are required to obtain […]
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