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Business

2 years ago

Newfoundland Power tells Energy NL conference more backup generation needed

The province may have finalized rate mitigation for Muskrat Falls, but private utility Newfoundland Power says more backup generation is needed. That was the message today at the Energy NL conference in St. John’s. Here’s NTV’s Bailey Howard.

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2 years ago

Founding family member of Cohen’s Furniture receives honorary degree

Cohen’s Furniture has employed people across the province since 1919. But did you know the company got its start in the former town of Windsor? This week, one of Cohen’s founding family members was honoured with an honorary degree from Memorial University. NTV’s Colleen Lewis reports.

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2 years ago

Bank of Canada cuts key interest rate for first time in more than four years

The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic. Wednesday’s announcement puts the policy rate at 4.75 per cent, down from the 5 per cent it has been sitting at since July of last year. The bank began raising its key […]

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2 years ago

Premier opens Energy NL conference, touting province as leader of energy transition

Premier Andrew Furey opened the annual Energy NL conference on Tuesday, with updates on Churchill Falls and touting the province as a leader of the energy transition. NTV’s Bailey Howard reports.

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