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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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 […]
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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 […]
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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 […]
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It’s a number never seen before in this province – at least since records have been kept since the mid-1970s. According to Statistics Canada numbers released this week, Newfoundland and Labrador’s unemployment rate has dipped below double digits – now sitting at 8.8%. Newfoundland and Labrador’s unemployment rate fell 1.4 percentage points, from 10.2 per cent […]
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