The province has been warned to address rising costs and debt levels or risk having its credit outlook downgraded from stable to negative. The warning comes as Premier Tony Wakeham revealed today that discussions have begun with Quebec on a new Churchill River agreement. NTV’s Ben Cleary explains.
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Corner Brook Pulp and Paper Limited announced that it will temporarily shut down all its operations for a period of seven days, beginning November 20. The company cites the difficult business environment in the newsprint sector as the reason for the shutdown. Production is expected to resume on November 27. Approximately 300 employees will be […]
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There have been more developments in the central Newfoundland gold rush as an international mining company has acquired Marathon Gold. NTV’s Colleen Lewis reports.
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Newfoundland Power filed a General Rate Application with the Newfoundland and LabradorBoard of Commissioners of Public Utilities, to raise electricity rates in the province over the next two years. In the Application, the Company is proposing the following changes to electricity rates for 2024 through 2026 for both residential and commercial customers: Consumer Advocate Dennis […]
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Newfoundland Power has filed a General Rate Application with the Public Utilities Board seeking power rate hikes for the next two years. In the Application, the Company is proposing the following changes to electricity rates for 2024 through 2026 for both residential and commercial customers: “We know that these are challenging times for our customers […]
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