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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Hibernia will have to pay close to $500,000 for an oil spill that happened in 2019. The 12,000 litre spill left oil slicks in the ocean that were several kilometres long. In January, trial dates were announced for the company to face charges, including failing to cease work causing pollution. This week, Hibernia pleaded guilty […]
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The Town of Lewisporte expects a recent investment of $10 million by the province will reignite their economy following the loss of the Labrador freight service. $5 million will support economic development opportunities, which may include the takeover of the Lewisporte Marina from Transport Canada. The Town currently pays lease fees of $40,000 a year. […]
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There was a unexpected jump at the pumps early Tuesday morning. The Public Utilities Board increased the price of diesel and home heating oil. Although there was no change in the price of gas, diesel is up by 8.3 cents per litre on the island and 9.3 cents in Labrador West. Furnace oil increased by […]
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The FFAW says it’s been a good season for capelin harvesters. The union says harvesters are reporting positive catch rates so far this fishing season. It’s optimistic that more favorable environmental conditions are leading to the growth of the capelin stock. Now they’re calling on the federal government to increase research. FFAW President Greg Pretty […]
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