Business

The Bank of Canada has racheted up rates again bringing its benchmark interest rate to five per cent. It’sthe highest level since 2001 and the bank is warning more hikes could be coming. Since the Bank of Canada began raising rates in March 2022, inflation has dropped from a peak of 8.1 per cent last […]

The Muskrat Falls project, now with a price tag of $13.5 billion, has hit another snag. According to a Liberty Consulting Group report, one of the generating units at the hydroelectric dam has to be dismantled to undergo significant repairs. The cost and timelines are uncertain, according to a report submitted to the public utilities […]

Stephenville Mayor Tom Rose is fending off concerns about the pending sale of the local airport. The deal was first announced in September of 2021, but the purchase has yet to be completed. As NTV’s Don Bradshaw tells us, the mayor is still confident the issues that have stalled the transaction should be resolved in […]

Four teens from Lewisporte say it was their teacher Paul White who inspired them to become avid salmon anglers. And now they’ve partnered with Environmental Resource Management Association on the Exploit’s River to making angling their business. Carter Conway, Colton Coles, Cash Canning and Charles Day have all fallen in love with the sport of […]